DCAA Audit Trends, Timelines & OTA Government Contracts: What You Need to Know – Tip Line 9b

Описание: In this week’s Capital Edge Tip Line, CEO Chad Braley dives deeper into DCAA’s FY2024 audit outcomes and operational metrics. From sustainment rates and audit durations to growing oversight on OTAs (Other Transaction Authority) and third-party audits, Chad shares critical trends government contractors should be watching right now.
Learn More: https://bit.ly/3FXJZc6

What You’ll Learn in This Episode:

✅ Audit sustainment rates by category and what they say about which findings stick
✅ Average timelines for DCAA audits and how long you should expect to wait
✅ Why “low-risk letters” don’t mean full compliance and why you still need to prepare
✅ How DCAA is auditing OTA awards despite their FAR-exempt status
✅ Signs of growing third-party audit activity from agencies like HHS

📊 Sustainment Snapshot:
Forward Pricing: 57.9% sustained
Business Systems/CAS/TINA: 53.2%
Claims/Terminations: 45.4%
Incurred Cost: 31.4%
Overall: 48.9%

⏱️ Audit Duration Averages:
Incurred Cost: 204 days
Forward Pricing: 96 days
Business Systems/CAS/TINA: 291 days
Claims/Terminations: 175 days

📎 Audit Caution: Chad explains why receiving a “low-risk” memo isn’t a green light on compliance and why audits for prior years are resurfacing.

🔍 Oversight Expands:
DCAA reviewed over $550M in OTA-related costs in FY2024. Chad shares why even FAR-exempt vehicles are now under audit, and how third-party reviews from other agencies like HHS are increasing in scope and complexity.

📬 Need help preparing for an audit?
Contact Capital Edge Consulting for guidance and strategy before, during, or after a government audit.
https://bit.ly/4jhr7CU