2024 TxDOT Audit Issues Review & Training Seminar
Stambaugh Ness is proud to partner with The American Council of Engineering Companies of Texas (ACEC Texas). ACEC Texas is the business association of Texas engineering firms. The organization is committed to advancing the private practice of consulting engineering, enhancing markets for private engineering services, educating the public on the importance of infrastructure investment, and promoting sound business practices within the industry and its client base.
FAR & AASHTO Audit Guide Rules: An Update to Everything AE Firms Need to Know
Every year, firms are held liable for overhead rate errors. And it’s no wonder, Federal Acquisition Regulation (FAR) overhead rates are notoriously complex and loaded with tricky nuances. Correctly interpreting and applying the FAR requirements is critically important especially in the year the AASHTO Audit Guide is being updated.
Join SN’s Tony Machi for this training session that includes an overview of FAR theory and related regulation, updates to the audit guide and what they mean to your firm, the latest Armed Services Board of Contract Appeals (ASBCA) court cases on timekeeping and mergers and acquisitions, an overview of key allowable/unallowable costs, the 2023 Compensation Matrix and its effect on firm overhead and lastly, why all of this is important to AE Firms.
Plus, we’ll discuss what TxDOT PEPS wants you to know to ensure an efficient submission process.
Don’t miss this training chock full of valuable information!
Plus, earn 7 CPE credits in Accounting (Governmental).
Topics will include:
- Overview of FAR Theory and related rules
- What the AASHTO Guide means for your firm and what’s new
- Overview of key allowable and unallowable costs including: labor basics, compensation and bonuses, direct cost recovery, and other key allowable and unallowable costs.
- Why is this important to AE Firms
Take advantage of this must-attend event; we hope to see you in Austin!
