Subcontract Audit Compliance: Is Your Company Prepared?
A renewed focus on contract closeout has led to confusion around who is responsible for subcontract audits. The Defense Contract Management Agency has made its position clear, stating that the prime contractor is responsible for auditing and closing subcontracts.
Read more to discover how to determine if you may have a responsibility for subcontract audit and how to successfully achieve a compliant solution.
This has been prepared for information purposes and general guidance only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its members, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.