Cumulative Allowable Cost Worksheet
Fiscal Years Ended June 30, 1998 and 1999
Reference Number: 2003-1C-011
This report has cleared the Treasury Inspector General for Tax Administration disclosure review process and information determined to be restricted from public release has been redacted from this document.
October 31, 2002
MEMORANDUM FOR DAVID A. GRANT
DIRECTOR OF PROCUREMENT
INTERNAL REVENUE SERVICE
FROM: Daniel R. Devlin /s/ Daniel R. Devlin
Assistant Inspector General for Audit (Headquarters Operations and Exempt
SUBJECT: TIRNO-95-D-00066 Cumulative Allowable Cost Worksheet Fiscal Years Ended June 30, 1998 and 1999 (Audit #200310002.004)
As part of the Defense Contract Audit Agency (DCAA) audit of the contractor’s certified incurred cost submission and related accounting books and records for reimbursement of Fiscal Years 1998 and 1999 incurred costs, the DCAA prepared a Cumulative Allowable Cost Worksheet. The purpose of the Cumulative Allowable Cost Worksheet is to present the allowable costs and fee for those contracting actions that are identified as physically completed and should be closed, as well as to maintain a record of audited cumulative allowable costs by fiscal year and subcontract.
In summary, the DCAA stated that the contractor’s accounting and billing systems are generally adequate to ensure final vouchers are based on allowable costs and fee data.
The information in this report should not be used for purposes other than that intended without prior consultation with the Treasury Inspector General for Tax Administration regarding its applicability.
If you have any questions, please contact me at (202) 622-8500 or John R. Wright, Director at (202) 927-7077.
The Office of Inspector General for Tax Administration has no objection to the release of this report, at the discretion of the contracting officer, to duly authorized representatives of the contractor.
The contractor information contained in this report is proprietary information. The restrictions of 18 USC 1905 must be followed in releasing any information to the public.
This report may not be released without the approval of this office, except to an agency requesting the report for use in negotiating or administering a contract with the contractor.
The TIGTA seal was removed due to its size.