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#government-contracting

Government Contracting

Federal contract compliance, cost accounting standards, and accounting practices for government contractors

Terminated for Convenience: What FAR Part 49 Still Pays You

A federal termination for convenience is not a lost contract — it is a settlement claim. This guide covers the three deadlines (120 days for inventory schedules, one year for the final proposal, 90 days for an equitable adjustment), the four cost buckets plus recoverable settlement expenses, the SF 1435/1436/1438/1439 forms, and the cost segregation that decides how much you actually recover.

SBA VetCert in 2026: How VOSB and SDVOSB Certification Works After the VA Handoff

SBA's VetCert program took over veteran business certification from the VA on January 1, 2023. This guide explains the VOSB vs SDVOSB distinction, the 51% direct ownership and control tests, the documents to prepare before applying through MySBA Certifications, SBA's 30-day average review target, the three-year certification term with a 120-day recertification window, and the bookkeeping records that make an eligibility review easier to pass.

SBA Is Ending the 8(a) Social Disadvantage Presumption: What the New Test Means for Your Federal Contracting Plans

SBA's June 11 proposed rule and August 11 final rule eliminate the rebuttable presumption of social disadvantage for 8(a) applicants. Learn the new three-actor test, who it affects, the September 10 effective date for pending applications, and the DCAA-ready bookkeeping controls you need before your first set-aside award.

OMB's Uniform Guidance Overhaul: What the 2 CFR 200 Rewrite Means for Nonprofits on Federal Grants

OMB's proposed Uniform Grants Regulation would replace 2 CFR Part 200 by October 1, 2026 — making the rules binding regulation, eliminating most fixed-amount awards in favor of cost-reimbursement, and adding termination-for-convenience authority. Here's what nonprofit finance teams should do about the 30–60 day reimbursement lag, indirect cost documentation, and new allowability limits before the final rule lands.