Incurred Cost Audits for contractors with cost reimbursable contracts on behalf of client agencies.
We perform audits of claimed costs incurred and submitted by contractors for reimbursement under flexibly priced contracts to determine if the costs are acceptable in accordance with contract terms, Federal Acquisition Regulation (FAR), Uniform Guidance (UG) and Cost Accounting Standard (CAS) rules and regulations.
We also perform additional contract audit services upon request.
Peer Review Report
Audit organizations performing audits in accordance with Generally Accepted Government Auditing Standards (GAGAS) are required to undergo an external peer review at least once every three years by reviewers that are independent of the audit organization being reviewed.
- External Peer Review Report (8/4/2021)
For entities that have grants, but do not have flexibly priced contracts, see the Indirect Cost Negotiations Page.