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    What is the cumulative allowable cost worksheet (cacws)?Instead, DPAP believes that the contract closeout process is significantly reduced if contractors submit a Cumulative Allowable Cost Worksheet (CACWS) after the indirect cost rates are finalized. The CACWS allows the ACO to close out a contract without requesting an audit of the contractor's final voucher.
    How can the CFAO generate a cumulative allowable cost worksheet (cacws)?The CFAO can generate or update existing cumulative allowable cost worksheet (CACWS) using data from incurred cost audit reports, low risk memos, Schedules H, K & J (if applicable), I and O of the certified incurred cost proposals, settled direct and indirect costs, and rate agreement letters.
    Does DCAA audit incurred cost proposals?The established MOU and Chapter 6 of the DCAA Contract Audit Manual (DCAAM 7640.1) include DCAA’s audit procedures for incurred cost proposals. To ensure that DCAA’s limited audit resources are applied to the areas of highest risk, DCAA developed a risk-based sampling process for auditing and reporting incurred cost proposals.
    What if DCAA is asked to audit other than cost or pricing data?When DCAA is asked to audit information other than cost or pricing data, the scope of the engagement will vary. DCAA participation and the amount of support provided will be at the discretion of the CO. Since the audit process will vary, it is not practical to describe the possible scenarios.
  3. What to Expect During an Incurred Cost Submission …

    WEBBy signing the final indirect rate agreement letter, the Contractor is agreeing to the indirect rates as well as the cumulative costs and other information, for example, contract limitations, provided in the Cumulative Allowable

  4. Preparing a DCAA Incurred Cost Submission - Deltek

  5. Heart Problems with the Incurred Cost Proposal

  6. Federal Register :: Contract Closeout; Systemic Issues

  7. DCAA Contract Audit Manual , Volume 1 - Google Books

  8. Let’s Talk About the Model Schedule I – DCAA Compliance, LLC

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