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What Does it Mean to be “Selected”? FAR 31.205 - Selected Cost Series #1
Remember what types of costs are expressly unallowable as described in the Federal Acquisition Regulations section on Selected Cost FAR 31.2
Lynne Moritz
Nov 22, 20243 min read
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Selected Costs that ARE Allowable FAR 31.205 - Selected Cost Series #2
The 7 allowable costs and their caveats. FAR 31.205 Selected Cost Series #2
Lynne Moritz
Nov 21, 20242 min read
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More on Unallowable Costs…Directly Associated Costs - FAR 31.205 - Selected Cost Series #3
A directly associated cost is any cost that is generated solely as a result of incurring another cost.
Lynne Moritz
Nov 20, 20242 min read
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Can a Company Reimburse Unallowable Costs? FAR 31.205 - Selected Cost Series #4
Expense reimbursement may be allowed by a company, but not necessarily by the Federal Government.
Lynne Moritz
Nov 19, 20242 min read
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The Skinny on Accounting System Administration – DFARS 252.242-7006
The DFARS Accounting System Criteria includes 18 requirements. Here we group them and discuss at a top level.
Lynne Moritz
Oct 7, 20242 min read
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Understanding the 1408 Accounting Assessment
The Accounting System assessment contains 18 criteria that must be met for Federal Contracting.
Lynne Moritz
Oct 6, 20242 min read
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History of the Business Systems Rule
The Business System Rule was enacted to standardize requirement.
Lynne Moritz
Oct 6, 20242 min read
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Be Proactive, not Reactive
Proactive Compliance saves time and money.
Lynne Moritz
Oct 6, 20242 min read
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