Vasquez & Company LLP
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FAR Compliance Audits

We make sure government dollars aren’t wasted
 
Government agencies have looked to Vasquez to audit their vendors for over three decades. Our dedicated Government Contract Compliance Sector practice specializes in auditing contractors subject to Federal Acquisition Regulation (FAR) Part 31, the American Association of State Highway and Transportation Officials (AASHTO) and Cost Accounting Standards (CAS).
 
We follow strict, proven procedures
 
The specialists at Vasquez analyze overhead rates and accounting systems, making certain that vendors are correctly aggregating and allocating costs, and including only allowed expenses. We are 100% objective, using very specific calculations to complete:
 
  • Pre-award Audits to verify that information is an accurate, current, and complete description of the contractor’s practices and pricing. The results of the pre-award audit will be passed on to the contracting officer to provide additional information for negotiation purposes.
 
  • Cost Incurred Audits to verify the allowability, allocability, and reasonableness of direct and indirect costs that have been charged and billed, especially in connection with cost-reimbursable contracts. Vasquez has identified reimbursable amounts ranging in the millions of dollars.
 
  • Close-Out Audits, to verify that goods and services were provided after the contract is physically completed, which means the contractor has performed and the Government has accepted all services required by the contract, and the base period and any option periods exercised have expired.
 
Avoid significant overcharges
 
We can make a major contribution to your organization by performing effective cost-avoidance and/or cost-recovery audits. We help your organization avoid significant issues on construction change orders and claims, and we detail typical overcharges on lump sum, unit price, and cost-plus construction contracts.  
Los Angeles     |      Sacramento     |     San Diego    |     Manila

             213.873.1700                     916.503.3269                    858.263.2760             213.873.1720
  • Home
  • About Us
    • Firm Overview >
      • Certifications
      • Memberships and Associations
    • Leadership >
      • Gilbert R. Vasquez
      • Roger Martinez
      • Lynn Boster
      • Linda Narciso
      • Cristy Canieda
      • Tonette Santillan
    • Events, News & Information
  • Services
    • Accounting >
      • Outsourced Accounting
    • Audits >
      • Financial audits
      • SEC Services
      • FAR Compliance Audits
      • Employee Benefit Plans
      • Uniform Guidance
    • Consulting >
      • Tax
      • Forensic Services
      • IT Risk & Advisory
      • Audit Support Services
      • FAR Consulting
  • Industries
    • Nonprofit >
      • Organized Labor
      • Community Health Centers
    • Government >
      • Education
    • Publicly-Held/Privately Traded Companies
  • INSIGHTS
  • Career Opportunities
  • Contact us
    • Client Survey
  • New Page