Government Contracting
Government contracting requires specific expertise and presents additional challenges not encountered when dealing with the private sector. Tenace offers an array of services specifically designed for government contractors to ensure compliance, resolve hurdles, and expand capabilities.
Financial Services
Tenace provides a layer of specialized financial services in areas of government contracts compliance, including daily accounting, federal regulatory advisory, DCAA audit support, and virtual CFO capabilities. We can handle a wide array of financial activities for your organization, from daily accounting tasks to integrative compliance and specialized audit support.
Our accounting operations support covers the day-to-day financial management your organization depends on, handled with the accuracy and documentation standards federal contracts require so your books are always audit-ready. That includes general ledger support to maintain an organized, defensible record of every transaction tied to your contracts, along with regular reconciliations that catch discrepancies early, before they become findings in a DCAA review or an incurred cost audit.
We also perform performance compliance audits benchmarked against the specific regulatory standards that apply to your contracts, not generic best practices. And when it’s time to prepare for a DCAA or prime contractor audit, we provide audit readiness and remediation support, hands-on preparation up front, plus remediation assistance to resolve any deficiencies quickly and thoroughly.
Managed Accounting
Our managed accounting services are built around project cost accounting structured to federal standards, giving you visibility into true project profitability along with a clean audit trail for every dollar spent on a contract.
We also focus on developing compliant allocation methodologies: custom-built indirect cost allocation methods that are both defensible under DCAA review and aligned with how your business actually operates.
Payroll Managed Services
Payroll management for government contractors requires proper segregation between direct and indirect activities, including productive versus non-productive time, categorization that directly impacts your indirect rates and your exposure in a DCAA audit, and that has to be tracked and documented the way federal reviewers expect to see it. For contracts subject to the Service Contract Act, we also provide full SCA compliance support, including wage determinations and fringe benefit calculations, so you meet your obligations to both your employees and the government.
DCAA Audit Support
Our DCAA audit support spans the full lifecycle of an audit relationship. We provide pricing support to help cost and pricing proposals withstand DCAA scrutiny from the earliest stages of a bid, along with direct, hands-on audit support throughout the audit itself, from initial requests through resolution. We also manage provisional billing rates on an ongoing basis, so your interim billings stay aligned with actual cost experience and don’t create surprises at year-end. And we place particular focus on incurred cost submissions, often the single most consequential filing a contractor makes each year, and one of the best defenses against a difficult audit when it’s thorough and well documented.
Ethics and Compliance Programs
We help contractors build and maintain the ethics infrastructure federal oversight requires — from mandatory disclosure rules and a clear, enforceable code of ethics, to post government employment policies that keep hiring practices compliant with revolving-door regulations. We also support the identification and management of conflicts of interest, both personal and organizational, before they put a contract at risk. When concerns do arise, we provide objective support for ethics investigations and ongoing training to keep your team sharp on compliance standards, along with the business systems policies DCAA evaluates as part of a business systems review.
