Government contracting advisory

Government contractors must navigate a complex web of laws and regulatory compliance requirements.

Government contracting consulting services to help grow your business and maintain compliance

Doing business with the federal government presents a wide range of challenges and opportunities for contractors. Whether you are an established government contractor looking to sharpen your competitive edge or a commercial company looking to enter the federal arena, government contractors are best served by collaborating with experienced advisors who can weave their extensive government contracting experience through each business function to develop compliance solutions and protect business value.

Our government contract consulting professionals provide strategic compliance support to organizations that receive contracts, agreements and/or grant awards from federal government agencies. We help our clients solve their most challenging cost accounting, pricing and regulatory compliance-related matters throughout the contract or award lifecycle. We dive deep into the technical and regulatory compliance issues that challenge government contractors while helping to strengthen internal controls and create process efficiencies that meet the demands of the business. We help organizations navigate through complex federal compliance issues with confidence while implementing practical business solutions.

RSM offers an array of services to help our government contractor clients throughout the contract or award lifecycle

Contract cost accounting and pricing

Business systems and internal controls

Strategic support
 

Contract cost accounting and pricing

Contract cost accounting and pricing

  • Indirect cost rate support, including:
    • Incurred cost submission (ICS)
    • Provisional billing rates (PBRs)
    • Forward pricing rates proposal/forward pricing rate agreement (FPRP/FPRA)
    • Negotiated indirect cost rate agreement (NICRA)
  • Indirect cost rate structure development, restructuring and strategic advice on indirect cost rate optimization
  • Cost Accounting Standards (CAS) support, including:
    • Disclosure statement preparation
    • Cost impact proposal support
    • CAS compliance assessments and audit support
  • Pricing, cost volume and federal government proposal support
  • Cost allowability and allocability assessments and advice relative to Federal Acquisition Regulation (FAR) 31, CAS and 2 CFR 200 
Business systems and internal controls

Business systems and internal controls

  • Defense Federal Acquisition Regulation Supplement (DFARS) business system support
    • Accounting system
    • Cost estimating system
    • Contractor purchasing system review (CPSR)
    • Government property
    • Earned value management system (EVMS)
    • Material management and accounting (MMAS)
  • Pre-award accounting system support (SF 1408)
  • Third-party business system assessments
  • Federal government audit support and audit preparation (“mock” audits)
  • Corrective action plan development and implementation support in response to government audit deficiency findings
  • Policy, procedure and internal control assessments and documentation development
  • Enterprise resource planning (ERP) system evaluation and implementation support
  • Cybersecurity Maturity Model Certification (CMMC) assessments and advisory support
  • Outsourced federal compliance and reporting 
Strategic support

Strategic support

  • Strategic cost structure and organizational design
  • Federal entity design for new government contracting entrants
  • M&A due diligence support
  • Commercial item determinations
  • Federal government audit lifecycle support from audit preparation through audit response strategy and corrective action development
  • Contract claims, disputes and litigation support
  • Request for equitable adjustment (REA) and termination settlement proposal development and negotiation support
  • Service Contract Act (SCA) and labor law compliance support
  • Federal government contract/grant risk profile assessments and strategic compliance roadmap development
  • Federal government contract and subcontract negotiation support and subrecipient monitoring
  • Contract closeout support and negotiations 

Contract cost accounting and pricing

  • Indirect cost rate support, including:
    • Incurred cost submission (ICS)
    • Provisional billing rates (PBRs)
    • Forward pricing rates proposal/forward pricing rate agreement (FPRP/FPRA)
    • Negotiated indirect cost rate agreement (NICRA)
  • Indirect cost rate structure development, restructuring and strategic advice on indirect cost rate optimization
  • Cost Accounting Standards (CAS) support, including:
    • Disclosure statement preparation
    • Cost impact proposal support
    • CAS compliance assessments and audit support
  • Pricing, cost volume and federal government proposal support
  • Cost allowability and allocability assessments and advice relative to Federal Acquisition Regulation (FAR) 31, CAS and 2 CFR 200 

Business systems and internal controls

  • Defense Federal Acquisition Regulation Supplement (DFARS) business system support
    • Accounting system
    • Cost estimating system
    • Contractor purchasing system review (CPSR)
    • Government property
    • Earned value management system (EVMS)
    • Material management and accounting (MMAS)
  • Pre-award accounting system support (SF 1408)
  • Third-party business system assessments
  • Federal government audit support and audit preparation (“mock” audits)
  • Corrective action plan development and implementation support in response to government audit deficiency findings
  • Policy, procedure and internal control assessments and documentation development
  • Enterprise resource planning (ERP) system evaluation and implementation support
  • Cybersecurity Maturity Model Certification (CMMC) assessments and advisory support
  • Outsourced federal compliance and reporting 

Strategic support

  • Strategic cost structure and organizational design
  • Federal entity design for new government contracting entrants
  • M&A due diligence support
  • Commercial item determinations
  • Federal government audit lifecycle support from audit preparation through audit response strategy and corrective action development
  • Contract claims, disputes and litigation support
  • Request for equitable adjustment (REA) and termination settlement proposal development and negotiation support
  • Service Contract Act (SCA) and labor law compliance support
  • Federal government contract/grant risk profile assessments and strategic compliance roadmap development
  • Federal government contract and subcontract negotiation support and subrecipient monitoring
  • Contract closeout support and negotiations 

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