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[DOC File]CHAPTER 10
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In accordance with the following Determination and Findings (D&F), FAR 16.601, FAR 16.602, and DFARS 216.601(d) (Deviation 2012-O0016) use of a . insert “ time and material ” or “ labor hour ” contract is the most appropriate contract type for the . insert a brief description of the requirement. Findings. 1. FAR 16.601 discusses time ...
far timekeeping policies and procedures

[DOCX File]Comparison of Major Contract Types - Under Secretary of ...
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(1) Have an adequate system description including policies, procedures, and operating instructions that comply with the FAR and Defense FAR Supplement; (2) Ensure that costs of purchased and fabricated material charged or allocated to a contract are based on valid time-phased requirements as impacted by minimum/economic order quantity restrictions.
far adequate accounting system

Defense Finance and Accounting Service
(FAR 16.302) Cost-reimbursement contracts are generally labor intensive and require additional scrutiny in regards to the contractor’s cost accounting system. As such, these types of contracts are generally large dollar, external support type contracts.
dcaa approved accounting system requirement

[DOC File]Accounting System Adequacy - Sandia National Laboratories
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Functional Requirement – A statement that describes the intended behavior of a system by describing characteristics, attributes, conditions, constraints, or capabilities to which a system must conform in order to meet a need or objective. In this document, when the word “requirement” is used, it means functional requirement.
dfars accounting system

[DOCX File]Supplier Certification of Accounting Systems and Controls
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To ensure that Supplier’s accounting/billing system is adequate to report and invoice costs incurred in performance of a flexibly-priced Purchase Order/Subcontract awarded to Supplier and to support the determination of compliance to the requirements of FAR Part 16.301(a)(1) and/or FAR Part 32.503(a)(2), Supplier must provide one of the following as proof of certification.
dfars accounting criteria

[DOCX File]Supplier Certification of Accounting Systems and Controls
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An Accounting System Review (ASR), which is discussed later, is the tool used by Sandia to gain an understanding of the prospective contractor’s accounting system. The ASR and audit procedures conducted by Sandia National Laboratories are authorized by Federal Acquisition Regulations (FAR) (FAR 15.404.2 & FAR 9.106).
dfars 252.242 7006 c

[DOC File]Certificate of Accounting and Billing System Adequacy
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8. Adequacy of the contractor’s accounting system. Before agreeing on a contrac 9. Concurrent contracts. If performance under the proposed contract involves co 10. Extent and nature of proposed subcontracting. If the contractor proposes ex 11. Procurement history. Contractor risk usually decreases as the requirement i C. Contract Types 3.
dfars 252 242 7006

[DOCX File]Under Secretary of Defense for Acquisition and Sustainment
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Is the accounting system currently in full operation? (If not, describe in the narrative which portions are (1) in operation, (2) set up, but not yet in operation, (3) anticipated, or (4) nonexistent.) Billing System 6. Billing system allows for: a. Segregation and exclusion of unallowable costs as required by FAR or DFARS b.
approved accounting system far

Defense Finance and Accounting Service
To ensure Supplier’s accounting/billing system is adequate to report and invoice costs incurred in performance of a flexibly-priced Purchase Order/Subcontract awarded to Supplier and to support the determination of compliance to the requirements of FAR Part 16.301-3(a)(1) and/or FAR Part 32.503-3(a)(2), Supplier must provide one of the following as proof of certification.
far timekeeping policies and procedures

FAR 16.3013 Government Contractors Requirements for ...
Mar 30, 2020 · 2.3 Requirement Identification Format 4. 3.0. ... Federal Acquisition Regulation (FAR) Defense Federal Acquisition Regulation Supplement (DFARS) Treasury Financial Manual (TFM) ... the enterprise functional requirements will be given to all finance and accounting system offices for implementation in their respective systems.
far adequate accounting system

Far accounting system requirement