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FLGOVCON57- NDAA 2018

In this episode Jenny Clark talks about the National Defense Authorization Act (NDAA 2018)

NDAA 2018 Ceilings

  • UPDATED Ceilings
  • Other Transaction Authority
  • Incurred Cost Audits
  • LPTA
  • Bid Protests
  • UPDATED Ceilings
    • Simplified Acquisition Threshold raised from $100K to $250K
    • Micro-Purchase Threshold increased from $3K to $10K
    • TINA, CAS – raised from $750K to $2Million

NDAA 2018 Other Transaction Authority (OTA)

  • Other Transaction Authority (OTA)
    • Made permanent
    • Prototype Projects enhancing mission effectiveness or improvements
    • Small Businesses
    • NonProfit Research Corporations
    • Cost Sharing
    • Non-Traditional Defense Contractor (no CAS)
    • Consortiums – non-profit

NDAA 2018 Incurred Cost Audits

  • Incurred Cost Audits
    • Required annually to settle indirect rates on Cost Plus Contracts
    • DCAA.mil for Incurred Cost Electronically
    • Commercially accepted standards or risk and materiality
    • Use “Qualified Private Auditors” to support DCAA
    • Eliminate backlog by October 2020
    • Audits complete within 1 year
    • Mix of Auditors to keep up
    • Limit practice of multi-year audits
    • Contracting Officer has sole discretion on direct costs

NDAA 2018 LPTA

  • LTPA
    • Prohibited for engineering & manufacturing development programs
    • Limits use of LPTA
      • no technological advantage missed
      • Expendable and non-technical goods
    • Lowers reporting threshold from $10M to $5M

NDAA 2018 Bid Protests

  • Bid Protests
    • Post-Award Debriefings
    • Pilot program for large Contractors reimburse DOD for Denied GAO Protests

Register Today for
Florida GovCon Summit in Orlando
February 28-March 1, 2018

solvability.com/govcon-summit

 

To contact Jenny W Clark

CEO, Solvability, Inc

www.solvability.com

Phone 256-882-6276
E-mail jwclark@solvability.com
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