The U.S. Office of Government Ethics recently published a guide on Ethics and
Procurement Integrity for government employees involved in the procurement and
acquisition process. Although this guide is intended for Federal employees, it
is also useful for government contractors to reference when dealing with
procurement and acquisition workforce employees. You can download the pamphlet
here.
For contractors with defined benefit pension
plans, there is new guidance from DoD concerning the implementation of the
Pension Protection Act of 2006. To see that guidance, click
here.
Six Sigma: This term is always popping up in defense related publications and
presentations. There are a lot of misconceptions about what it is; another
quality system, lean processes, statistical process control, ISO 9000, and more.
The reality is that Six Sigma is about making significant business process
transformations. It can help companies develop more efficient human resource
functions and improve public relations, finance, budget, operations, customer
service, information technology, project management, and much more. To see how
Six Sigma can benefit your company, contact Bill Vermie at
vermie@pacificnwc.com.
Earned Value Management Systems (EVMS) - FAC 2005-11 was issued in July and
amends FAR to require the use of an EVM system that complies with the guidelines
of ANSI-EIA Standard - 748 in major acquisitions for development, and in other
acquisitions in accordance with agency procedures. Good news for companies that
do not currently have EVM systems - offers shall not be eliminated from
consideration because they do not have a compliant system as long as they submit
an implementation plan with their proposal. To read the entire FAC, click
here.
The Depreciation Cost Principle, FAR 31.205-11 was amended by Federal
Acquisition Circular (FAC) 2005-10 on June 28, 2006. It affects situations where
contractors re-acquire the title to assets that it sold and leased-back.
Effective July 28, 2006, allowable depreciation will be based on the net book
value of the asset as of the date the contractor originally became a lessee in
the arrangement. To see the entire change and to read public comments, click
here.
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Vol. 3, No. 3 - GAO and
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Vol. 2, No. 4 - Code of
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Vol. 2, No. 3 - Estoppel,
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insurance, cost principles, and more
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terminations, uncompensated overtime, and more
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Q&A on Terminations for Convenience
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