Guide to Contract Pricing, 5th Edition

APPENDIX B

Cost Accounting System Review Self-Assessment, Pursuant to Standards in Preaward Survey of Prospective Contractor Accounting System (SF 1408)

Each standard from SF 1408 is shown in bold type, followed by the M&M assessment.

Murphy & Murphy Associates (M&M)http://www.mma.com/100 Oak Street, Suite 303Pittsburgh, PA 15213

Telephone: [phone]Fax: [phone]

INSTRUCTIONS FOR USE

FAR 16.301-3(a) provides that a cost-reimbursement contract may be used only when, “The contractor’s accounting system is adequate for determining costs applicable to the contract.” Often contracting officers will ascertain if the contractor’s accounting system meets this requirement by commissioning a Preaward Survey of Prospective Contractor Accounting System ...