DCAA Compliance, Audit, FAR and Government Contract Consulting
DCAA COMPLIANCE CONSULTINGSUMMARY BIOGRAPHYDCAA COMPLIANT ACCOUNTING SYSTEMSDCAA COMPLIANT TIMEKEEPING AND LABOR REPORTINGINDIRECT COSTS EXPLAINED/DCAA COMPLIANCEINDIRECT COSTS RATES/DCAA COMPLIANCEIS QUICKBOOKS DCAA COMPLIANT?UNALLOWABLE COSTS, FAR 31.2GOVERNMENT CONTRACT CONSULTING SERVICESRECENT PROJECT SUMMARIES
 

Federal Grants, Colleges and Universities

Federal government grant funding has increased dramatically in recent years.  The grant activity focuses on research, development and commercialization of new technology and improved technologies.  As one might expect there are many regulations and requirements regarding federal grant contracting.  Many of these requirements are similar in many respects to government contracts, especially financial requirements.  Parallel to my government contracting expertise, I have substantial experience and expertise in grant contracting including FAR 31.2, FAR 31.3, and OMB Circular A-21, modified Cost Accounting Standards for Educational Institutions.  I also have recent experience with the American and Recovery and Reinvestment Act funding.

Grant Accounting Requirements 

Typically grant agreements have their own set of rules.  They do parallel the Federal Acquisition Regulation in some areas.  In order to secure a grant of any magnitude, the grantee typically must demonstrate it has an adequate accounting system in the same manner as government contractors.  Grants also usually invoke FAR 31.2, Cost Principles For Commercial Organizations.  Grants are typically conditioned upon passing accounting system audits.  Organizations that cannot meet these requirements will struggle to secure a significant grant.  This is especially the case under the stimulus and the American Recovery and Reinvestment Act of 2009.  

This is what I do, help companies seeking grants to develop an adequate cost accounting system, provide guidance regarding allowable and unallowable costs, guide them through successful audits and help them secure the grant.

Colleges and Universities

Colleges and universities are a bit different.   The rules have been modified to recognize the differences inherent in colleges and universities.  The government has modified the accounting system, allowable and unallowable cost regulations and even the Cost Accounting Standards to accomodate colleges and universities.  However, the rules remain very similar to the FAR and Cost Accounting Standards applicable to government contractors.  My experience and expertise remain valuable under these revised cost and cost recovery regulations.  I have experience with colleges and universities and offer this expertise to best position the not-for-profit under federally funded agreements.  My experience is focused on accounting systems, FAR 31.3 (Contracts with Educational Institutions), Office of Management and Budget A-21 and the modified Cost Accounting Standards for Educational Institutions.

Recent Grant Project: ARRA Funding

Most recently I was engaged by a large commercial company to help them with a $300 Million Department of Energy grant to commercialize an energy technology.  They were awarded the grant but it was conditioned upon passing a DCAA accounting system audit.  They maintained a commercial accounting system.  I made an assessment of their accounting system, made corrections to their accounting system for grant compliance (FAR 31.2), developed the accounting system description and demonstration and helped prepare them for the DCAA audit.  They passed the audit and the grant was officially awarded without any conditions. 

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