• June 9, 2015
    11:00 am - 1:00 pm

Compensation for Government Contractors Training Webinar

Overview

DCAA Audit Support for Government ContractorsThis NEW webinar offering will provide an overview of the single most complicated and challenging FAR Part 31 Cost Principle, 31.205-6, Compensation for personal services.

The faculty will provide an overview of the 17 sub-parts (a)-(q) and focus on those which present the greatest compliance and cost recovery risk.

Of particular interest, compensation reasonableness which implicates benchmarking to salary surveys as well as DCAA’s long-standing benchmarking methods which have continued unabated in spite of ASBCA decisions which have consistently deemed DCAA’s methods to be “statistically flawed”.

 

Earn 2 CPE Credits

Date: June 9, 2015
Time: 11:00 AM – 1:00 PM CST (12:00 – 2:00 PM EST)
Cost: $149 per site
Webinar: Registrants will Receive Login Details
Program Level: Basic
Program Prerequisites: None
Advance Preparation: None
Delivery Method: Group Internet Based

For more information, contact:
Lori Beth Moses
lmoses@RedstoneGCI.com
(256)704-9811

Visit Redstone Government Consulting at:
www.redstonegci.com

At the completion of this two hour webinar, participants will be able to:

  • Identify the FAR provisions which apply to contractor compensation
  • Identify the CAS provisions which are embedded in FAR provisions applicable to contractor compensation
  • Locate and obtain DCAA audit policies applicable to contractor compensation
  • Prepare Compensation schedules required or supplemental under FAR 52.216-7(d)


During the webinar, your faculty will share their FAR and CAS expertise focused on compensation and their Human Resources expertise in assisting contractors with compensation policies and benchmarking to minimize cost recovery risks.  Discussion topics will include:

  • FAR Part 15, in particular using benchmarking to support proposed labor
  • FAR Part 31 overview
    • Reasonableness and benchmarking
    • Cash & non-cash compensation
    • Bonus and incentive compensation
    • Severance payments
    • Deferred compensation
    • Statutory limitation on compensation
    • Uncompensated overtime
    • Use of average rates, standards or pre-determined rates
    • FAR 52.216-7 (b) reimbursing contractor costs, in particular accrued but unpaid compensation
  • FAR 52.216-7(d)(iv)(B)  Schedule listing the compensation for certain contractor personnel
  • Contractor compensation policies including benchmarking and documenting compensation reasonableness
  • ASBCA cases focused on FAR 31.205-6(b)

Mike1Michael Steen

Senior Director
Redstone Government Consulting

 

 

Mike Steen is a Senior Director with Redstone Government Consulting, Inc. and a specialist in complex compliance issues to include major contractor cost accounting & business system regulations, financial compliance, resolution of DCAA audit issues, Cost Accounting Standards application, litigation support, and claims preparation.

Prior to joining Redstone Government Consulting, Mike served in a number of capacities with DCAA for over thirty years, and upon his retirement, he was one of the top seven senior executives with DCAA.

Mike Served as a Regional Director for two DCAA regions, and during that time was responsible for audits of approximately $25B and 800 employees.  Learn More


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Payment must be received prior to event. Event cancellations must be received prior to 12 p.m., two business days before the event in order to receive a full refund. Non-participants and late cancellations will be charged the full event price. Cancellations should be coordinated with the event coordinator. Contact Information For more information regarding refund, complaint and/or program cancellation policies, please contact our offices at 256-704-9800.

Redstone Government Consulting, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, Tennessee, 37219-2417. Web site: www.nasba.org

Payment must be received prior to event. Event cancellations must be received prior to 12 p.m., two business days before the event in order to receive a full refund.  Non-participants and late cancellations will be charged the full event price.  Cancellations should be coordinated with the event coordinator.

Contact Information

For more information regarding refund, complaint and/or program cancellation policies, please contact our offices at 256-704-9800.

Redstone Government Consulting, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, Tennessee, 37219-2417.  Web site: www.nasba.org

About Redstone Government Consulting, Inc.

Our Company’s Mission Statement: RGCI enables contractors doing business with the U.S. government to comply with the complex and challenging procurement regulatory provisions and contract requirements by providing superior cost, pricing, accounting, and contracts administration consulting expertise to clients expeditiously, efficiently, and within customer expectations. Our consulting expertise and experience is unparalleled in understanding unique challenges of government contractors, our operating procedures are crafted and monitored to ensure rock-solid compliance, and our company’s charter and implementing policies are designed to continuously meet needs of clients while fostering a long-term partnership with each client through pro-active communication with our clients.

In achieving government contractor goals, all consulting services are planned and executed utilizing a quality control system to ensure client objectives and goals are fully understood; the right mix of experts with the proper experience are assigned to the requested task; clients are kept abreast of work progress; continuous communication is maintained during the engagement; work is managed and reviewed during the engagement; deliverables are consistent with and tailored to the original agreed-to scope of work, and; follow-up communication to determine the effectiveness of solutions and guidance provided by our experts. Please visit Redstone Government Consulting, Inc. on the web at www.redstonegci.com.