Conference Sessions on Demand

Conference Sessions on Demand (CSoD) are recorded conference sessions from NCMA’s national conferences. Select CSoDs are available in audio sync-to-slide format. Materials include presentations as pdf files.

NEW!! World Congress 2013 sessions available in on demand format.

Form 1s - An Overview

Authors/Speakers:
Rita Wells, CPCM, Fellow, Flour
David Richardson, Flour Government Group

Abstract:

The DCAA Form 1s is a "Notice of Contract Costs Suspended and/or Disapproved." Prime contractors may experience significant negative impacts related to reimbursement of costs and payment of fee as a result of DCAA's issuance of Form 1s. This session covers the basics of Form 1s and offers practical advice regarding the avenues available to contractors attempting resolution. It will discuss the reasons why Form 1s may be issued and differences between "suspended" and "disapproved" costs. The roles of the DCAA auditor, ACO, contractor, and subcontractor will be reviewed with regard to Form 1s. Cash flow, risk mitigation measures, and the applicability of the Prompt Payment Act if Form 1s are rescinded will also be discussed. This session will provide valuable insights to anyone involved with Form 1s. level of Difficulty: Intermediate

Topic: Technology & Innovation

Session Date: Tuesday, July 31, 2012

CPEs/CLPs Earned: 1.00

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Note: This product is an electronic audio slide sync presentation and includes slides and a certificate of completion. After you purchase the recording, the files must be downloaded from your online account within 90 days of the purchase date. Refer to the “My Downloads” section of your NCMA profile. Please note that not all files have downloadable presentations.







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