INSPIRATIONAL CORNER
THOSE WHO TRULY love and reverence God would rather toil day and night, and eat the bread of poverty, than to indulge a passion for gain which would oppress the widow and the fatherless, or turn strangers from their right. Our Savior sought to impress upon His hearers that the
Cost and Pricing
Inquiry: In contracting and coming up with the bases of estimate, and taking into consideration competitiveness, What does a company need to be aware of when contracting out 1099 vs employees. Thank you for your advice. Response: When you develop your indirect rates, you should review the level of Fringe
INSPIRATIONAL CORNER
Pray - Get up 15 minutes earlier - Read the Word or inspirational thought each day - Prepare for the morning the night before - Avoid tight fitting clothes! - Don't rely on your memory.....write it down - Make duplicate keys - say NO more often -
Certifications - 8(a), SDB, DBE, WOB, VOB, SDVOB
Few like to talk about this issue because they may secretly want to be, or are trying to be one of those firm who are unfairly enriched. If you can’t say Amen then just say Ouch! By the way, the information gleaned here can be applied to other certification
INSPIRATIONAL CORNER
Song expressing my favorite chapter in the Bible (1 Corinthians 13) Though I speak with tongues of men and angels, Though I have the prophet’s gift, Though I hold the keys to hidden knowledge, Though my faith can mountains shift: Without love I am no better, Without love it’
Cost Allowability (FAR 31)
INQUIRY - When developing a direct labor base and overtime premium has been incurred is it required to be included in the base even though it is an unallowable expense for recovery purposes? RESPONSE - Even if the contract is not covered by the Cost Accounting Standards (CAS), the FAR
INSPIRATIONAL CORNER
I Want You to Get Up and MOVE! As you read this, you’re probably sitting -- a motion done by all of us countless times a day. We sit to eat, to work, to relax, to conversate, to socialize … to engage in infinite moments of our lives. Yet as
Cost Allowability (FAR 31)
Although there are many types of Unallowable Costs, there are certain types that are Declared Expressly Unallowable by Federal statute or regulations. These type carry with them a higher incidence of fines, penalties, and interest if they are not excluded, or if they are included but not specifically identified, from
INSPIRATIONAL CORNER
“Love Your Enemies” - But I just can’t do it! So, let’s talk about this in a realistic way according to Gods’ guidance. We are instructed throughout Gods word to love others. However, what about our enemies? This is confirmed specifically by Jesus in Matthew 5:44, “Love
Cost and Pricing
Negotiating Indirect Rates LOWER than Projected Rates Can we propose lower indirect rates than our projected rates and how would we go about doing it? RESPONSE: Generally YES. There are important issues and guidance you should be aware of and follow as applicable. Understanding these guidelines will minimize questions and
Cost and Pricing
Adopting a Material and Subcontract Handling Rate - Types of Costs to Include in the Handling Pool Things to consider when deciding what to include in the Handling Pool and the type of Base to use. The type of business – manufacturing, research and development of prototype products, services – and type
INSPIRATIONAL CORNER
I like to put things in perspective when things seem to be going in a manner that I would not prefer. That's a nice way of putting it...smile! Let me share what I mean: Client cancels an engagement, person I am dealing with is being very difficult
