DCAA Products and Services

DCAA provides a wide variety of products and services to contracting officers:

Preaward Contract Audit Services

• Price Proposals
• Preaward Surveys
• Forward Pricing Labor & Overhead Rates

Postaward Contract Audit Services

• Incurred Costs/Annual Overhead Rates
• Truth in Negotiation Act Compliance
• CAS (Cost Accounting Standards) Compliance & Adequacy
• Claims

Contractor Business System Audits

• Accounting
• Estimating
• EDP (Electronic Data Processing)
• Billing
• Material Management

In addition to performing formal audit activities, Agency auditors provide:

Negotiation Assistance, including:

• Factfinding and analysis of contractor information after audit
• Procurement liaison assistance

In FY 2011, DCAA audited $19 billion of costs incurred on contracts and reviewed 2,681 forward pricing proposals amounting to $103 billion. Approximately $3.5 billion in net savings were reported as a result of audit findings. When compared to the $600 million expended for the Agency's operations, the return on taxpayers' investment in DCAA was approximately $5.80 for each dollar invested.

Last updated November 25, 2011