ACCOUNTING, COST, AND PRICING
The following highlights are representative of our practice in this area:
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Major aerospace defense contractor
Offset obligations
Drafted opinion regarding allowability of costs associated with implementing offset obligations under new guidance from the United Arab Emirates. more »
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Raytheon Company
Increased Costs in the Aggregate Under CAS
Successfully represented client in an ASBCA appeal on the determination of “increased costs in the aggregate” for a cost accounting practice change involving the measurement of pension costs. more »
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Major aerospace defense contractor
Shareholder derivative lawsuit
Drafted opinion letter for major aerospace defense contractor regarding the allowability of a $400-million settlement of a shareholder derivative lawsuit and $11 million in attorneys' fees to defend the lawsuit. more »
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Gould, Inc.
Noncompliance with cost accounting standards
Successfully defended client against an alleged noncompliance with Cost Accounting Standard (CAS) 413.50(c)(12) by which the Defense Contract Management Agency sought $14 million due to Gould's sale of three divisions.more » |
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Major aerospace defense contractor
Indirect costs
Recovered for client more than $4 million of what might otherwise have been an impossible recovery due to the closed and final indirect cost rate agreements. more » |
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Major aerospace defense contractor
DCAA Denial of Access to Records Action
Obtained withdrawal of DCAA denial of access action involving foreign subsidiaries and international reciprocal audit agreements. more »
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Major aerospace defense contractor
Withdrawal of determination of noncompliance
Represented client where the government withdrew its determination of noncompliance with CAS 413.50(b)(2) involving the method of determining the actuarial valuation of assets the contractor used for a pension plan. more »
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Government contractor
DOE prime contract
Successfully represented a major O&M subcontractor in recovery of an additional $1.2-million award fee under a DOE prime contract through ADR process. more »
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Major aerospace defense contractor
Compliance counseling
Counsels major defense contractor on compliance with Truth in Negotiations Act. more »
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Johnson Controls World Services, Inc.
Insurance costs incurred under an Air Force contract
Successfully represented client in its claim to recover $16 million of insurance costs incurred under an Air Force contract. more »
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Major research university
Grants
Counseled major university on compliance with cost accounting regulations under grants.more » |