by Public Contracting Institute | Sep 26, 2013 | Accounting, Audits, Cost, and Pricing, The Practical CAS
*This is Part 1 of a 6-part blog. Each part addresses the fundamental requirements and techniques for application related to the standard, and provides specific examples. Part 1 addressed the overall purpose of the standard, as well as the requirements/techniques for...
by David Capitano, Instructor/Cost Accounting Consultant | Nov 15, 2012 | The Clause Column
Applicability: FAR 52.212-4 applies to acquisitions for commercial items. Alternate I of that clause is included when the acquisition of commercial items will be awarded using a time-and-materials (T&M) or labor-hour contract (LH). Key Requirements: ...
by David Capitano, Instructor/Cost Accounting Consultant | Nov 8, 2012 | The Clause Column
Applicability: This FAR clause specifies the payment terms for Time-and-Materials (T&M) and Labor-Hour (LH) contracts that were not acquired using FAR Part 12 (commercial items). The clause is included in solicitations and contracts when a time-and-materials or...