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Government Contract Consulting Government Procurement & Audit Challenges Calendar Year 2012 NewsletterOur annual newsletter outlines our forecast of government contract procurement and oversight trends and issues that we believe will have a significant impact on government contractors in calendar year 2012. Our dialogue also includes corresponding risks contractors face in light of these trends and issues, and hopefully provides insight as to how contractors can better prepare in anticipating and preparing for forthcoming procurement and audit challenges. The 2012 newsletter addresses a wide range of topics impacted by legislative and executive government department initiatives, DOD policy and procurement regulation changes, a continued pursuit of acquisition reform and realignment of procurement responsibilities, and current Defense Contract Audit Agency (DCAA) audit policies and priorities. We have carefully analyzed data and information gleaned from a broad range of sources and filtered that data to identify issues and audit related “hot topics” which will likely test the resolve of both large and small government contractors in meeting the increasingly competitive and regulated environment of government contracting in 2012. As with each annual newsletter, there is no certainty in terms of guaranteeing that a topic/issue will evolve into, or continue to attract a high level of Government interest or oversight. However, we have been substantially accurate in prior year predictions, especially those related to contract audit oversight; hence, we recommend that all government contractors give consideration to the contractor financial, management, and other functional areas that are affected by the topics/issues discussed herein. TOPICS
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