US Government Oversight - Thresholds

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Incurred Cost Claimed Proposals

MRD 13 - PPD-021(R)[1]

This Memorandum for Regional Directors:

  • Revised guidance on low risk Incurred Cost Proposals less than $250M ADV
  • Required FAO's to assess or reassess risk for all adequate[2] proposals under $250M ADV where fieldwork had not been started.

Changes from Previous Guidance

  • Revised threshold for significant last completed incurred cost year questioned costs
  • Identified other risk factors for low risk determinations
  • No sampling of low risk proposals under $1M ADV

Related Topics

Auditable Dollar Value

  1. Oct 2013
  2. FAR 52.216-7