• Federal supply schedules: Pricing and compliance

    Baker Tilly’s government contractor advisors discussed Federal Supply Schedules regulatory and reporting requirements as well as best practices for compliance in a recent National Contract Management Association webinar.
  • Detecting, testing, and reporting shifted costs

    Cost shifting is the unauthorized transfer of costs from non-reimbursable cost centers to reimbursable cost centers. Reallocated costs are the authorized repurposing of budget dollars resulting from advantageous purchasing practices or efficient delivery of construction services.
  • Indirect cost changes under OMB Uniform Guidance

    For recipients of federal awards that currently have a negotiated indirect cost rate, there is now a requirement that all federal awarding agencies accept this negotiated rate unless otherwise required by federal statute or regulation or when approved based on documented justification.
  • Banking brief: A bank consolidation wave is forming

    As has been anticipated since the end of the Great Recession, a wave of bank consolidation is very much in formation and could swell to significant levels later in 2015. On its own merit, the increase in average pricing on Q1 2015 deals to a level of just over 150% of book value strongly indicates a more robust mergers and acquisition market for banks.