Estimated read time: 6 minutes 🚀 Key Takeaways Point 1: Review each contract at the task-order level. Current funding, period of performance, modifications, billing terms, and incurred costs may differ across orders under the same vehicle. Point 2: Verify open items against executed documents. The signed contract and modifications—not an internal spreadsheet or verbal expectation—control the funded and contractual position. Point 3: Build an October carry-forward list. September 30 does… Read More
Archives for September 2026
Federal Fiscal Year-End Checklist for Government Contractors | GovCon Wednesday
Estimated read time: 6 minutes 🚀 Key Takeaways Point 1: September 30 is a checkpoint—not automatically your accounting year-end. The federal fiscal year runs from October 1 through September 30, but a contractor may use a calendar year or another fiscal year for its accounting records and applicable indirect-cost submissions. Point 2: Review contracts and accounting together. Funding, billing, labor, indirect rates, and unallowable costs should be reviewed as… Read More