Thompson Government Contracting

Contract Closeout Best Practices

Thursday, April 21, 2016

Webinar Details

Subject: Federal Contracting

Duration: 90 minutes

Location: Your office or conference room, per telephone connection

Course Description:

The government’s backlog for completing incurred cost audits has been legendary. In fact, because of the backlog, many government contractors have never even experienced a close out.

But now, DCAA has made it a priority to start completing those audits and contractors are starting to receive final indirect rate letters. When your own letter arrives, what is the best way to account for everything and provide the right documentation so you can achieve a satisfactory close out?

Here’s the guidance you need to close out your contract successfully and get your final payment quickly.

Register now for Contract Closeout Best Practices.

In this webinar, Tom Marcinko and Donna Dominguez give contractors and their subcontractors tried and true methods for achieving a contract closeout that covers all the bases—as quickly as possible.

Collect those final payments, faster. Applying the practices and procedures you learn in this webinar will help cover all the steps of closeout more efficiently. You’ll discover how to reduce the administrative burden and get better results, with everything accounted for and the documentation needed to achieve a satisfactory closeout for your type of contract. Plus, you can ask your specific questions during the Q&A portion of the presentation.

Reserve your space now to learn best practices for every aspect of contract closeout, including how to:

  • Address cost submission/final rates
  • Streamline the process of closing out subcontracts
  • Submit final invoices, including how to present fee retainage and indirect rate variances
  • Complete closeout forms and certifications
  • Achieve quick closeouts
  • And more

Great value! Register by phone line rather than by the number of attendees so you can bring your entire team.

Register now!

Who Will Benefit

This webinar is of value to all federal contractors and their subcontractors, especially:

  • Contracts managers
  • Directors, vice presidents and officers
  • Attorneys
  • Finance and compliance professionals

Remember, DCAA’s emphasis on completing incurred cost audits is good news for the contractors who are ready to prepare for contract closeout the minute final indirect rate letters arrive. If you’ve never experienced a contract closeout, or you want to cut the time it takes to get your money, take this opportunity to learn best practices that can make all the difference to your success.

Tom Marcinko

Tom Marcinko is a principal consultant in Aronson’s Government Contract Services Group. He is responsible for providing clients with a broad variety of both pre- and post-award support. With over 30 years of government contracting experience, he specializes in proposal development, contract and subcontract administration, FAR compliance, small business programs, and government audits.

Tom is a featured speaker at Aronson events and a frequent guest speaker for numerous organizations, including the GWSCPA, VSCPA, the Northern Virginia Technology Council, the Washington Board of Trade and the NCMA. Tom presents training classes on a variety of subjects, including several courses in the fundamentals of government contracting for the University of Virginia’s government contracting certificate program. He has also written articles on government contracting for the NCMA Contract Management magazine and other periodicals

Donna Dominguez

Donna Dominguez is a managing consultant in Aronson LLC's Government Contracts Services Group. With more than twelve years of experience working with government contractors, she specializes in the preparation of incurred cost submissions, budgeted provisional rates, DCAA audits, government compliance matters, cost proposals, contract/subcontract administration, contract/subcontract negotiation and assisting clients in the use of Deltek GCS, CostPoint, and QuickBooks software. Through her work in public accounting as well as positions held directly at government contractors, she has comprehensive knowledge and understanding of the complexities of accounting for this unique market. Donna is a guest speaker on financial and government contracting topics for industry associations and a featured speaker for Aronson LLC. Donna earned her bachelor's degree in accounting from the University of Maryland and has completed additional coursework in contracts administration.

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