Podcast
Government Contracting: Questioned Costs & Allowability
December 7, 2021
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Listen to Brendan Halloran, a Senior Manager in Cherry Bekaert’s Government Contracting Industry practice who previously spent 10 years at the Defense Contract Management Agency (DCMA), and Curt Smith, a manager in the Firm’s GovCon practice who spent 12 years at the Defense Contract Audit Agency (DCAA), discuss allowability and where contractors might run into audit findings with questioned costs.
Discussion includes:
- What makes a cost allowable, including Reasonableness, Allocability, Cost Accounting Standards (CAS) and terms of the contract
- Direct and indirect costs
- Facilities costs
- Unallowable costs
- Supporting questioned costs
If you need any help in determining or supporting cost allowability, Cherry Bekaert’s GovCon Consultants are available to discuss your situation with you.