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Surviving Defective Pricing Audits: Preparing for TINA and Adequate Pricing Reviews

November 17, 2010
Arlington, VA

In fiscal 2008, DCAA audits covered more than $500 billion in proposed or claimed contractor costs. July 2010 reports indicate that DCAA has already reaped over $900 million in contractor savings - Make sure you are prepared!

  • Understanding the core requirements of the Truth in Negotiations Act (TINA) and common challenges of TINA compliance
  • How auditor determines scope of audit based on assessment of risk
  • Knowing when cost and pricing data is required and sub-contractors' responsibility to submit data
  • How to remedy inaccurate, incomplete or non-current cost or pricing data
  • Government recovery under "price reduction" clause
  • Understanding the consequences of a contractor knowingly submitting defective data
  • Determining offsets to defective pricing liability
  • How to prepare for TINA fraud referrals-going beyond the statute

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