Cost Reimbursement Award
For a Cost-type Contract, learn whether DCAA issued a report on incurred costs for the entire period of performance. In the case of forward pricing rates that are not yet audited, forward the Administrative Contracting Officer (ACO) a request for timely audit. Record paybacks for questioned costs.
Customer Invoices
Research and Recalculate public vouchers and (DD Forms 250) billings. Any outstanding cost support (timesheets, stores requisitions, etc.) are required. Recalculate indirect costs on applicable jobs. Verify sales and cost of sales, as well as accounts receivable invoices and receipts.
Checklist by Function
Property, purchasing, accounting, contract administration, quality assurance, and program management are contacted before final closeout. Request ACO concurrence, in writing, that the contract is closed. Archive all contract files in compliance with retainage requirements.