Contractor Business Systems Series: Part 3 – Cost Estimating System Requirements
When should government contractors that work with the Department of Defense (DoD) be concerned about Cost Estimating System Requirements for compliance and adequacy per the Defense Federal Acquisition Regulation Supplement (DFARS). What are the requirements and trends being seen in solicitations?
In this third episode of Cherry Bekaert’s podcast series on each of the six Contractor Business Systems, Eric Poppe, a Director in Cherry Bekaert’s Government Contracting Industry practice, and Brendan Halloran, a Senior Manager in the Firm’s GovCon practice who previously was a Divisional Administrative Contracting Officer (DACO) at the Defense Contract Management Agency (DCMA), discuss the requirements for an adequate estimating system as outlined in Cost Estimating System Requirements, 252.215-7002.
Listen in to find out about:
- What constitutes an adequate Estimating System
- When it is a requirement
- Policies, processes, and documentation to demonstrate compliance
- Best practices and pitfalls to avoid
- How to prepare for getting an approved Estimating System
If you have any questions specific to your situation, Cherry Bekaert’s GovCon Consultants are available to discuss your situation with you. Contact us
If you haven’t already, catch up on Part 1 & Part 2 in the series:
- Contractor Business Systems Series: Part 1 – Applicability
- Contractor Business Systems Series: Part 2 – Accounting System
Cherry Bekaert’s Government Contracting Industry advisors are well versed in business systems requirements and complex control environments. We guide contractors in developing and maintaining compliant business systems, perform systems assessments, provide audit support, and prepare contractors for audits or reviews by the Defense Contract Audit Agency (DCAA), the Defense Contract Management Agency (DCMA) or other cognizant agencies.