Contract Closeout - Session 1

Apr 16, 2025 1-2 PM EDT

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CPE, CLE Accredited

This is session 1 of 3 in the DCMA Webinar Series

Contract closeout continues to be a challenge for DCMA and industry even after DCAA has become current with indirect rate audits. The number of contracts subject to closeout is significant as multiple rate years have been audited and negotiated. An extensive number of contracts can be associated with each rate year, many of which have been physically complete for years and are now required to be closed out. DCMA is primarily responsible for administering and closing out a significant portion of these contracts. At the same time, industry is facing big challenges with old data and a surge in demand for capable resources to prepare the contract closeout documentation. This webinar will look at how DCMA and industry can coordinate to address the contract closeout challenge.

Learning Objectives:

The importance of contract closeout
A look at the current environment and the extent of contracts awaiting closeout
DCMA’s role in contract closeout
A high-level overview of the contract closeout process and differences between contract type
Challenges industry is encountering
Current DCMA initiatives and guidance
Successful strategies and coordination between DCMA and industry

This webinar is sponsored by ...

By registering for this event, you understand that your information will be shared with Baker Tilly (FPS’ partner in providing this event) consistent with the terms set forth in FPS’ Privacy Policy.

This live webinar is eligible for both CLE and CPE credit.
NOTE: CPE/CLE credit for attendees are subject to participation and approval by the governing boards.

NASBA CPE ACCREDITATION INFORMATION
Learning Level: Beginner
Prerequisites: None
Field of Study: Specialized Knowledge
Delivery Method: Group Internet Based

For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.

West Professional Development is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

About Our Experts

Elizabeth Bair

Senior Manager, Baker Tilly US, LLP

Liz is a senior manager in Baker Tilly US, LLP’s Government Contractor Solutions practice and has ten years of experience working with government contractors and their counsel to identify, quantity, and manage risk through regulatory and compliance consulting. She has worked with leading Department of Defense contractors helping them to navigate the complexities of flexibly priced contract administration. She has experience supporting clients in contract closeout efforts, developing plans to clear the backlog and use innovative tools to generate invoices. She has extensive experience helping contractors through the M&A process writing compliant disclosure statements and accompanying indirect rate structures. Liz also works with commercial item contractors assisting them with VA and GSA proposals, contract modifications, disclosures and False Claims Act investigation support.

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Fill out this form and someone from FPS will contact you shortly. You can fill out as much or as little information as you would like. Prefer to talk to us? Call 888.865.9082.