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