Dentons, through its Government Contracts group, is pleased to announce the online publication of the second edition of the Government Contractor Business Systems Compliance Guide. The second edition of the Guide, like its predecessor, provides comprehensive guidance for contractors to assess the adequacy of six business systems: accounting and billing, purchasing, estimating, material management and accounting, government property and earned value management. With a new introduction and substantive updates to each chapter, the second edition reflects the significant regulatory changes and contractor experiences that occurred since the first edition of the Guide was issued in January 2012 by the legacy McKenna, Long & Aldridge (now Dentons) Government contracts group and the September 2014 publication date of the second edition.
The second edition of the Guide will assist contractors in the assessment of their business systems under the Department of Defense (DOD) and Department of Energy (DOE) business systems rules. These rules require mandatory billing withholdings for inadequate business systems.
For questions regarding the Guide, please contact the Guide's authors—Thomas Lemmer, Steven Masiello, Michael McGuinn, and Kelly Garehime—or the Dentons lawyer with whom you work.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
