"Ready State" Reimbursement Checklist for Government Contractors

On March 27, 2020, the Department of Defense (“DoD”) issued a class deviation in response to Section 3610 of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which allows agencies to reimburse, at the minimum applicable contract billing rates for government contractors to be at a ‘ready state.’ Recently, DoD issued a draft checklist outlining the requirements to seek reimbursement.

Eric Poppe, Managing Director in Cherry Bekaert’s Government Contractor Services Group is joined by Ryan Bradel, Partner at Ward & Berry for a discussion the draft checklist and reimbursement, and the implications on direct and indirect rates, how to communicate with your contracting officer and other items government contractors should consider.

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Eric Poppe

Advisory Services

Managing Director, Cherry Bekaert Advisory LLC

Past Episodes

Podcast

September 10, 2024

12:15

Speakers: Eric Poppe, Jonathan Reid

Learn the do's, don'ts, and pitfalls of outsourced accounting for government contractors. Discover how to make a smooth transition to outsourced accounting.

Podcast

August 28, 2024

15:04

Speakers: Eric Poppe

Learn the crucial steps in selecting an ERP system that aligns with your business needs, including stakeholder discussions and integration requirements.

Podcast

August 13, 2024

11:04

Speakers: Michael G. Cippel, Irwin Kaplan, Jonathan Reid

Explore the benefits of accounting outsourcing for government contractors and learn how to choose the right firm and optimize your partnership.