Attachment_10_DIL_Preaward_Survey_of_Prospective_Contractor_Accounting_S....doc
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- Attached to
- Digital Integration Laboratory (DIL)
- Solicitation number
- W900KK-19-R-0010
About this file
This document contains a preaward survey checklist for a prospective federal contractor's accounting system. The checklist is to be completed by a contractor interested in the Digital Integration Laboratory Services solicitation to provide technical and management support services to the Program Executive Office for Simulation, Training and Instrumentation. The checklist requires the contractor to describe how its current accounting system meets various requirements, such as properly segregating direct and indirect costs, identifying and accumulating direct costs by contract, and developing adequate, reliable cost data for use in future acquisitions pricing. The contractor must also explain if its accounting system is fully operational or what portions are set up but not yet in use. Completing this checklist allows the government to evaluate whether the contractor's accounting system conforms to generally accepted accounting principles and federal cost accounting standards prior to award.
Pre-award Survey of Prospective Contractor Accounting
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W900KK-19-R-0010
Attachment 10
W900KK-19-R-0010
Attachment 10
Digital Integration Laboratory Services Preaward Survey of Prospective Contractor Accounting System Checklist
Instructions:
1. Mark “X” in the appropriate column.
2. On Page 2 provide a narrative describing how the current accounting system supports your response to each item.
| Yes |
| No |
| N/A |
| Note |
1. Is the accounting system in accord with generally accepted accounting principles?
2. ACCOUNTING SYSTEM PROVIDES FOR:
a. Proper segregation of direct costs from indirect costs.
b. Identification and accumulation of direct costs by contract.
c. A logical and consistent method for the allocation of indirect costs to intermediate and final cost objectives. (A contract is final cost objective.)
d. Accumulation of costs under general ledger control.
e. A timekeeping system that identifies employees' labor by intermediate or final cost objectives.
f. A labor distribution system that charges direct and indirect labor to the appropriate cost objectives.
g. Interim (at least monthly) determination of costs charged to a contract through routine posting of books of account.
h. Exclusion from costs charged to government contracts of amounts which are not allowable in terms of FAR 31, Contract Cost Principles and Procedures, or other contract provisions.
i. Identification of costs by contract line item and by units (as if each unit or line item were a separate contract) if required by the proposed contract.
j. Segregation of preproduction costs from production costs.
3. Accounting system provides financial information:
a. Required by contract clauses concerning limitation of cost (FAR 52.232-20) or limitation on payments (FAR 52.216-16).
b. Required to support requests for progress payments.
4. Is the accounting system designed, and are the records maintained in such a manner that adequate, reliable data are developed for use in pricing follow-on acquisitions?
5. Is the accounting system currently in full operation? (If not, describe in Page 2 narrative which portions are (1) in operation, (2) set up, but not yet in operation, (3) anticipated, or (4) nonexistent.)
Instruction: Use this section to explain how the current accounting system supports your response to each item. If a response is N/A provide further explanation. Use as much space as needed. Provide references to current policies and procedures if applicable.
| Note |
| Narrative |
Name:_______________________ Signature: ___________________________
Title: _______________________
Date: ______________________________
Contractor: ______________________________________________________________
File details come from the government source that posted it. Updated .