The Department of Defense (DoD) requires Contractors to have a Property Management System (PMS) for Government Property in the possession of the Contractor. FAR 52.245-1 is the Primary Government Property clause containing the FAR requirements for the management and control of Government Property (GP) both Government Furnished (GFP) and Contractor Acquired (CAP). If your DoD [...]

http://govtcontracts101.eventbrite.com/# Working on a RO1? Won an SBIR grant? Have you received an award from a federal agency that uses cost-plus-fixed fee contracts? Ready to apply for a grant, but first you want to understand contract negotiation? If you answered yes to any of the above questions, then join ITAC andJameson CPA for a thorough workshop on the [...]

The glossy publication by Research!America (found here) in Jan 2013 took a look at the hard numbers and estimated $3.6 billion in spending cuts as the effect of the upcoming  sequester.  Research!America presented good arguments against cutting funding for agencies such as NIH, CDC and NSF but with one day to go we’re not sure [...]

Small startup companies seem to be always writing grant and contract proposals.  Many times these grants and contracts are awarded with different rates and different rate structures.  Having varying rate structures and indirect rates could end up costing you money in the long run.  All of your company’s revenue producing jobs absorb their proportionate share [...]

We’ve added 5 new dates for our 2013 Webinar Schedule today.  Both DOD Contract Accounting and Indirect Rate Workshops have been opened for registration.  Each presentation is free to join.  Space is limited, so register early! Register for our next available date: January 17th, 2013 – 2:30pm – DOD Contract Accounting – **Click Here to Register** [...]

They may be. The Bayh-Dole Act (BDA) of 1980 forms the foundation of ownership rights of intellectual property arising from Federal Government funded research.  However, BDA is largely misunderstood by the various Government Agencies as well as the Government auditors. Federal Acquisition Regulation (FAR) 31.205-30 states that “patent costs are only allowable if required” by [...]

Are you a “major” DOD contractor that claims IR&D costs in your indirect rates? If you are, please take note that the FAR clauses relating to IR&D costs changed in January of 2012.  In order for these costs to be allowable, the contractor is required to register its IR&D project with the Defense Technical Information [...]

Subrecipient Monitoring We have noticed that one of the most common OMB A-133 findings is failure to adequately monitor subcontractors.  This is also required of DoD contractors. Recipients are responsible for ensuring that subrecipients comply with all requirements associated with the federal assistance that are applicable to recipients.

http://www.federaltimes.com/article/20120529/DEPARTMENTS01/205290301/#.T8YGbbiuUng.mailto Post by Sarah Chacko at The Federal Times – May 29, 2012 … Billions of dollars in defense contract costs could go unaudited because of a mounting backlog at the Pentagon’s audit agency. The number of audits performed by the Defense Contract Audit Agency, which ensures that costs charged to the government by contractors [...]

We’re happy to unveil some new website updates and resources to the public!  Our homepage has been updated over the past week to include: A 3 Minute Impact Video – Giving visitors a quick snapshot of Jameson & Company, and our service to Small Business Government Contractors & Grantees.   More Webinars – We’ve divided [...]