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Contractor Purchasing System Review (CPSR) 101
A CPSR, otherwise known as a contractor system purchasing review, is intended to serve multiple purposes for multiple parties, and is an indispensable tool for any business owner to utilize. Contractor system purchasing reviews, which are orchestrated by the DCMA, are...
CPSR Preparation Made Simple
Preparing for a Contractor Purchasing System Review (CPSR) might not be the most exciting project that you take on, but the importance of understanding and implementing a compliant purchasing system cannot be overemphasized. Essentially, the purpose of a CPSR is to...
What Are The Federal Acquisition Regulations? Regulations You Should Know
If you are doing business with the federal government, you’ve probably asked yourself, “What Are The Federal Acquisition Regulations?” If you don’t want to scroll through Wikipedia or read all 53 parts for your answers, read on to find the rules you need to know. The...
How To Prepare For A Contractor Purchasing System Review
How To Prepare For A CPSR In this blog post you’ll learn how you can prepare today for a CPSR, or contractor purchasing systems review. This blog post will give you a few tips on how to have a successful audit and review of your procurement systems. Failure to...
FAR 12 vs. FAR 15: A Tale of Two Documentation Requirements
FAR 12 vs. FAR 15: A Tale of Two Documentation Requirements It’s easy to figure out the value of an egg; you look at grocery ads, shop around, and determine that $2.99 per dozen is the going rate. But what if what you want isn’t just any ordinary egg;...
What Happens If I Fail A CPSR?
What Happens If I Fail A CPSR? If you’re a government contractor whose purchasing policies are out of date or you’ve recently lost key personnel with knowledge of your company’s policies and procedures on procurement, it’s probably a good time to start thinking about...
Don’t over-complicate your analysis!
Doesn't it feel like the FAR makes a mess out of even the simplest of concepts? Take price analysis, for example. We talk to people that are confused about which method they should use or what the next step in the process is. Even before we recommend using...
Assad Memo moves Certification Threshold to $2M
After June 30th, all awards under $2M will not be subject to certified cost or pricing data. Download the full memo here. <!-- Begin Mailchimp Signup Form --><!-- [et_pb_line_break_holder] --><link...