-What contracts the CAS Board intended to be CAS-covered;
Unfortunately, the Cost Account Standards (CAS) administrative regulations don’t specifically address how CAS applies to Indefinite-Delivery/Indefinite-Quantity (IDIQ) contracts. An absence of clear regulation in this regard sparked an obscure and intense debate between contractors and the government auditors as these contracts became a mainstream feature of government procurement. Government auditors generally assert that CAS applies to all task orders if the CAS clauses are incorporated into the IDIQ contract. On the other hand, contractors generally argue that CAS applicability should be determined for each task order if the IDIQ contract contains CAS clauses. This webinar aims to settle this debate. Join us to find out how and why
-Why IDIQ contracts should be evaluated as a separate and distinct contract from a task order contract for purposes of applying CAS;
-Why an IDIQ contract’s “maximum value” should be irrelevant for determining CAS applicability;
-How to address special situations, such as when negotiated unit prices are incorporated in an IDIQ contract but task orders are awarded based on price competition.
Presenter: Brent Calhoon, Partner, Baker Tilly
This is a downloadable product in the form of a zip file. The zip file contains the following: - File(s) to run Webinar on Demand
-1 Read Me file
-1 printable PDF file containing the Certificate of Completion and copy of the PowerPoint slides
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Webinar on Demand