Entering the world of government contracting requires considerable effort and education on the complicated process. Once you’ve overcome all of the hurdles and secured your first government contract, you may find you’ll require additional assistance to fulfill the job, which usually requires subcontracting.
Before you begin your search for the appropriate subcontractors, you’ll want to review the applicable regulations and compliance requirements. With the Department of Defense being one of the largest agencies issuing the greatest value of contracts, we’ll be focusing primarily on the Defense Contract Audit Agency (DCAA) for compliance details. Defense contract audits are required to be performed in accordance with Government Auditing Standards.
Credits: spendmatters.com
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