The Legal Services Corporation announced that its Board of Directors and committees will convene on October 30, 2026. The Audit Committee is scheduled to review the plan for the upcoming annual financial audit and receive a briefing from the Office of Inspector General. The Board will also hear reports from the Inspector General and consider…
The Department of Homeland Security is forecasting a follow-on contract for financial reporting and system modernization support. The requirement supports the Office of Financial Management within ICE, combining accounting analysis with business process transformation. The scope includes financial statement reconciliations, general ledger analysis, and mapping processes for the Financial System Modernization target state. Hamilton is…
The General Services Administration obligated $8,771,468.28 to Ernst and Young LLP on October 7, 2026, for financial systems technology support and modernization. The delivery order, numbered 47QFDA22F0017, involves the exercise of an option under existing contract terms. This transaction represented approximately 11.3 percent of the agency's total spending during the week of October 2 to…
The Department of Interior, Interior Business Center audited Battelle Energy Alliance, LLC costs for fiscal years 2022 and 2023 at Idaho National Laboratory. The audit questioned nearly $5 million in education costs and approximately $700,000 in Safeguards and Security pool costs. Additionally, over $30.5 million in proposed award fee amounts within the General and Administrative…
You know when you are itching to take that plane flight for your vacation, but you can’t quite leave the house just yet on the off-chance that your flight might be delayed, canceled or even diverted to a different plane.
The CAS Board issued a final rule on September 1, 2026, that raises the threshold for full CAS coverage and Disclosure Statement submission from $50 million to $100 million. The rule also updates statutory exemptions and clarifies how CAS applies to multiple-award Indefinite Delivery Contracts. DoW issued a class deviation on July 30, 2026, to…
Date Issued Thursday, October 15, 2026 Submitting OIG Department of War OIG Other Participating OIGs Department of War OIG Agencies Reviewed/Investigated Department of War Report Number DOWIG-2027-005 Report Type Inspection / Evaluation Agency Wide Yes Number of Recommendations 0 Questioned Costs…
The CAS Board published a final rule on July 8, 2026, rescinding CAS 408 and 411 and most provisions of CAS 404 and 409 to align with GAAP. The rule became effective on August 7, 2026, and the CAS Board determined that GAAP sufficiently protects government interests for these standards. On August 20, 2026, the…
The ICANN Board Audit Committee met on 6 October 2026 to review the FY26 audited consolidated financial statements. The independent audit firm issued an unmodified opinion, confirming the statements are free from material misstatement and comply with U.S. Generally Accepted Accounting Principles. Staff reported FY26 funding of US$174 million and expenses of US$193 million, resulting…
DoW – Letter to the Defense Industrial Base and Acquisition Stakeholders 15th October 2026 On July 31, 2026, the DoW published a letter to the Defense Industrial Base and Acquisition Stakeholders suggesting the implementation of common-sense contract accounting changes.