Posted Date : February 03,2021
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : ACCT-10600
Government Authority located in Stennis Space Center, Mississippi; USA based organization looking for expert vendor for contract audit support services.
[A] Budget: Looking for Proposal
[B] Scope of Service:
Vendor needs to provide contract audit support services include providing professional advice on accounting and financial matters to assist in the negotiation, award, administration, re-pricing and settlement of contracts. Audit interest encompasses the totality of the contractor’s operations to the government authority located in Stennis Space Center, MS.
- The purpose of contract auditing is to assist in achieving prudent contracting by providing those responsible for Government procurement with financial information and advice relating to contractual matters and the effectiveness, efficiency, and economy of contractors’ operations. These audits include the evaluation of a contractor’s policies, procedures, controls and actual performance, identifying and evaluating all activities which contribute to, or have an impact on, proposed or incurred costs of Government contracts. Areas of concern to the auditor include: the adequacy of contractor’s policies, procedures, practices, and internal controls relating to accounting, estimating, and procurement; the evaluation of contractors’ management policies and decisions effecting costs; the accuracy and reasonableness of contractors’ cost representations; the adequacy and reliability of contractors’ records for Government-owned property; the financial capabilities of the contractor; and the appropriateness of contractual provisions having accounting or financial significance.
Task Area 1: Incurred Cost Audits – Represents the effort to perform an incurred cost audit of a contractor’s fiscal year incurred cost proposal to determine if costs charged to auditable Government contracts are allowable, allocable, and reasonable in accordance with contract terms and applicable Federal Government acquisition regulations.
Task Area 2: Contractor Disclosure Statement Compliance - Represents the examination of the contractor disclosure, to include at a minimum, verifying the completeness and accuracy of the disclosure, including any disclosed cost impact to Federal Government contracts.
Task Area 3: Cost Accounting Standards (CAS) Compliance - The purpose of CAS compliance auditing is to determine if the contractor's policies, procedures, and practices used to estimate, accumulate, and report costs on Federal Government contracts and subcontracts comply with the requirements of CAS.
Task Area 4: Forward Pricing Rate Proposal Audits – Represents the effort to plan and perform an audit of a forward pricing rate proposal to evaluate the proposal for its acceptability in determining fair and reasonable rates and factors for the award, administration, modification, or re-pricing of Federal Government contracts.
[C] Eligibility:
- Onshore (USA Organization Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: February 17,2021
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
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Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : ACCT-10600
Government Authority located in Stennis Space Center, Mississippi; USA based organization looking for expert vendor for contract audit support services.
[A] Budget: Looking for Proposal
[B] Scope of Service:
Vendor needs to provide contract audit support services include providing professional advice on accounting and financial matters to assist in the negotiation, award, administration, re-pricing and settlement of contracts. Audit interest encompasses the totality of the contractor’s operations to the government authority located in Stennis Space Center, MS.
- The purpose of contract auditing is to assist in achieving prudent contracting by providing those responsible for Government procurement with financial information and advice relating to contractual matters and the effectiveness, efficiency, and economy of contractors’ operations. These audits include the evaluation of a contractor’s policies, procedures, controls and actual performance, identifying and evaluating all activities which contribute to, or have an impact on, proposed or incurred costs of Government contracts. Areas of concern to the auditor include: the adequacy of contractor’s policies, procedures, practices, and internal controls relating to accounting, estimating, and procurement; the evaluation of contractors’ management policies and decisions effecting costs; the accuracy and reasonableness of contractors’ cost representations; the adequacy and reliability of contractors’ records for Government-owned property; the financial capabilities of the contractor; and the appropriateness of contractual provisions having accounting or financial significance.
Task Area 1: Incurred Cost Audits – Represents the effort to perform an incurred cost audit of a contractor’s fiscal year incurred cost proposal to determine if costs charged to auditable Government contracts are allowable, allocable, and reasonable in accordance with contract terms and applicable Federal Government acquisition regulations.
Task Area 2: Contractor Disclosure Statement Compliance - Represents the examination of the contractor disclosure, to include at a minimum, verifying the completeness and accuracy of the disclosure, including any disclosed cost impact to Federal Government contracts.
Task Area 3: Cost Accounting Standards (CAS) Compliance - The purpose of CAS compliance auditing is to determine if the contractor's policies, procedures, and practices used to estimate, accumulate, and report costs on Federal Government contracts and subcontracts comply with the requirements of CAS.
Task Area 4: Forward Pricing Rate Proposal Audits – Represents the effort to plan and perform an audit of a forward pricing rate proposal to evaluate the proposal for its acceptability in determining fair and reasonable rates and factors for the award, administration, modification, or re-pricing of Federal Government contracts.
[C] Eligibility:
- Onshore (USA Organization Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: February 17,2021
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$