Let The Countdown Begin

As we move through the new year, getting financials in order and analyze results of the past year, we must prepare all supporting documentation for the Incurred Cost Submission. Government contractors with cost reimbursable contracts are required to prepare an Incurred Cost Submission (Allowable Cost and Payment Clause 52.216-7), due 6 months after the end of the company's fiscal year (FAR 52.216-7(d)(2)). Delinquency may result in a decrement factor (FAR 42.703- 2(c)(2)).

These submissions can be time consuming and require many complex schedules. Save time and let the experts handle the preparation of your submission.

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