Table of Contents
Chapter 1. Federal Government Procurement Methods
Timeliness—Sealed Bid and Competitive Proposals
Evaluation Process—Competitive Proposals
Communications—Competitive Proposals
Truth in Negotiations—Competitive Cost-Type Proposals and All Non-Competitive Proposals
Chapter 2. Types of Government Contracts
Government Selection of Contract Types
Fixed-Price-Incentive Contract
Firm-Fixed-Price with Economic Adjustment Contract
Fixed-Price Redeterminable Contract
Firm-Fixed-Price Contract with Successive Targets
Fixed-Price, Level-of-Effort Contract
Fixed-Price, Award-Fee Contract
Cost-Reimbursement-Only Contract
Cost-Plus-Incentive-Fee Contract
Unauthorized Contract Types and Variations
Contract Type and Potential Financial Reward
Chapter 3. Accounting System Requirements
Internal Controls and Written Policies and Procedures
General and Administrative Costs
Other Cost Accounting Concepts
Origin of Government Contract Cost Principles
Applicability of Government Cost Regulations
Contract Terms/Advance Agreements
Segregation of Unallowable Costs
Chapter 5. Principles—Selected Costs
Public Relations and Advertising Costs (31.205-1)
Contributions or Donations (31.205-8)
Entertainment Costs (31.205-14)
Fines, Penalties, and Mischarging Costs (31.205-15)
Interest and Other Financial Costs (31.205-20)
Lobbying and Political Activity Costs (31.205-22)
Losses on Other Contracts (31.205-23)
Organization Costs (31.205-27)
Costs Related to Legal and Other Proceedings (31.205-47)
Costs of Alcoholic Beverages (31.205-51)
Asset Valuations Resulting from Business Combinations (31.205-52)
Excessive Pass-Through Costs (31.203(i))
Costs Related to Human Resources
Compensation for Personal Services (31.205-6)
Employee Stock Ownership Plans (ESOPs) (31.205-6(q))
Employee Morale, Health, Welfare, Food Service, and Dormitory Costs and Credits (31.205-13)
Professional and Consulting Costs (31.205-33)
Trade, Business, Technical and Professional Activity Costs (31.205-43)
Training and Educational Costs (31.205-44)
Costs Related to Physical Resources
Gains and Losses on Disposition of Depreciable Property or Other Assets (31.205-16)
Idle Facilities and Idle Capacity Costs (31.205-17)
Manufacturing and Production Engineering Costs (31.205-25)
Plant Reconversion Costs (31.205-31)
Special Tooling and Special Test Equipment Costs (31.205-40)
Independent Research and Development and Bid and Proposal Costs (31.205-18)
Economic Planning Costs (31.205-12)
Insurance and Indemnification (31.205-19)
Other Business Expenses (31.205-28)
Royalties and Other Costs for Use of Patents (31.205-37)
Restructuring Costs (DFARS 231.205.70)
Chapter 6. Cost Accounting Standards
After The Demise of The Original CASB
CAS Steering Committee and Working Group
Standard 401: Consistency in Estimating, Accumulating, and Reporting Costs
Standard 402: Consistency in Allocating Costs Incurred for the Same Purposes
Standard 403: Allocation of Home Office Expenses to Segments
Standard 404: Capitalization of Tangible Assets
Standard 405: Accounting for Unallowable Costs
Standard 406: Cost Accounting Period
Standard 407: Use of Standard Costs For Direct Material and Direct Labor
Standard 408: Accounting for Costs of Compensated Personal Absences
Standard 409: Depreciation of Tangible Capital Assets
Standard 411: Accounting for Acquisition Costs of Materials
Standard 412: Composition and Measurement of Pension Cost
Standard 413: Adjustment and Allocation of Pension Cost
Standard 414: Cost of Money As an Element of the Cost of Facilities Capital
Standard 415: Accounting for the Cost of Deferred Compensation
Standard 416: Accounting for Insurance Costs
Standard 417: Cost of Money As an Element of the Cost of Capital Assets Under Construction
Standard 418: Allocation of Direct and Indirect Costs
Dollar Threshold of Contract Awards For Determining Filing Requirements
Revisions to Disclosure Statements
Review and Approval of Disclosure Statement
Detailed Requirements of Disclosure Statement
Chapter 7. Developing Cost Estimates for Proposals
Indirect Cost Estimating Worksheet
Chapter 8. Contract Price Negotiation and Profit Guidelines
Government vs. Commercial Profit
Department of Defense Guidelines
Profit Objective Determination
Values: Normal and Designated Ranges
Chapter 9. Truth in Negotiations
Prohibitions on Obtaining Cost or Pricing Data
Requiring Information Other Than Cost or Pricing Data
Special Subcontract Considerations
Chapter 10. Contract Administration
Responsibility for Contract Administration and Audits
Contract Administration Duties
Provisional or Interim Billing Rates
Cost-Sharing Rates and Ceilings on Indirect Cost Rates
Forward-Pricing Rate Agreements
Disallowing Costs After Incurrence
Suspension of Work, Stop-Work Orders, and Government Delay of Work
Earned Value Management Systems
Chapter 11. Government Contract Audits
Internal Controls and Written Policies and Procedures
DOD Estimating System Requirements
Reasonableness of Compensation
Material and Subcontract Costs
Postaward Review (Defective Pricing)
Applicability of the Truth in Negotiations Act
Changes in Cost Accounting Practices
Equitable Contract Price Adjustment Audit