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NAVGOVCON57- NDAA 2018
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In this episode Jenny Clark talks about the National Defense Authorization Act (NDAA 2018)
NDAA 2018 Ceilings
- UPDATED Ceilings
- Other Transaction Authority
- Incurred Cost Audits
- LPTA
- Bid Protests
- UPDATED Ceilings
- Simplified Acquisition Threshold raised from $100K to $250K
- Micro Purchase Threshold increased from $3K to $10K
- TINA, CAS – raised from $750K to $2Million
NDAA 2018 Other Transaction Authority (OTA)
- Other Transaction Authority (OTA)
- Made permanent
- Prototype Projects enhancing mission effectiveness or improvements
- Small Businesses
- NonProfit Research Corporations
- Cost Sharing
- Non-Traditional Defense Contractor (no CAS)
- Consortiums – non-profit
NDAA 2018 Incurred Cost Audits
- Incurred Cost Audits
- Required annually to settle indirect rates on Cost Plus Contracts
- DCAA.mil for Incurred Cost Electronically
- Commercially accepted standards or risk and materiality
- Use “Qualified Private Auditors” to support DCAA
- Eliminate backlog by October 2020
- Audits complete within 1 year
- Mix of Auditors to keep up
- Limit practice of multi-year audits
- Contracting Officer has sole discretion on direct costs
NDAA 2018 LPTA
- LTPA
- Prohibited for engineering & manufacturing development programs
- Limits use of LPTA
- no technological advantage missed
- Expendable and non technical goods
- Lowers reporting threshold from $10M to $5M
NDAA 2018 Bid Protests
- Bid Protests
- Post-Award Debriefings
- Pilot program for large Contractors reimburse DOD for Denied GAO Protests
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