Attachment_8_ARCENT SF 1408 Checklist.doc_2_DEC_19.docx
DOCX document 27 KB Posted
- Solicitation number
- W900KK-20-R-0048
About this file
This document contains a preaward survey checklist for a prospective Army contractor's accounting system, along with details of a related federal contract opportunity for training support services.
The checklist is to evaluate whether the contractor's accounting system complies with generally accepted accounting principles and can properly segregate direct and indirect costs, allocate indirect costs, accumulate costs under general ledger control, track labor hours, distribute direct and indirect labor costs, determine interim costs, and exclude unallowable costs. It requests information on how the system supports cost limitation clauses, progress payment requests, and pricing of follow-on acquisitions.
The solicitation is for training support services for the Army's Program Executive Office for Simulation Training & Instrumentation to support operations in Kuwait and other locations within the U.S. Army Central Command area of responsibility. Services include technical expertise, system operators, and life cycle maintenance and support for various training aids, devices, simulators and simulations. The selected contractor will operate and maintain live, virtual and constructive training ranges, equipment and facilities.
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Text version
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.
Contractor Name:
Point of Contact:
CAGE Code:
DUNS Code:
| 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 and 21) 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 |
File details come from the government source that posted it. Updated .