Navigating DFARS Compliance: Understanding the Criteria for an Acceptable Accounting System In the government contracting industry, adherence to the Defense Federal Acquisition Regulation Supplement (DFARS) is paramount. Among its crucial sections, DFARS 252.242-7006 delineates the definition of an accounting system, outlining the standards necessary for [..Read More..]
Federal Acquisition Regulation – Small Business Subcontracting Improvements
By: Craig Stetson, Director, Capital Edge Consulting Final rule issued by the DoD, GSA and NASA July 14, 2016 to amend the FAR to add various improvements related to small business subcontracting. These statutory amendments will affect prime contractor responsibilities on how they deal with subcontractors and [..Read More..]
New Cybersecurity Guidance Regarding Unclassified Information for Government Contractors
If you think the government is only concerned about protecting classified information, you can think again. Recent hacks and breaches have brought on additional executive legislation regarding Controlled Unclassified Information and Improving Critical Infrastructure Security (Executive Order 13556 and 13636 respectively). In response to these [..Read More..]
NIST 800-171 Compliance: The 15 Key Requirements
“Defense contractors routinely process, store and transmit sensitive federal information to assist federal agencies in carrying out their core missions and business operations. Federal information is also shared with state and local governments, universities and independent research organizations. To keep this information secure, Executive Order [..Read More..]
Cost Estimating System Requirements
DFARS Compliance: Essential Cost Estimating System Requirements In the realm of government contracting, complying with DFARS 252.215-7002 is pivotal for an acceptable cost estimating system. This clause outlines crucial criteria, ensuring your cost estimating system is maintained, reliable, and consistently applied. Here’s a breakdown of [..Read More..]
