Veritas Advisory Group, Inc. assists client companies and counsel with a wide variety of government contracting issues. Our experience includes the preparation, negotiation, and settlement of claims and requests for equitable adjustment resulting from changed work, delay, disruption, and contract terminations. We also have experience with the proper application of Cost Accounting Standards, review of contract administration functions, presentation of bids and proposals, and the evaluation of contract pricing systems. Through fact-finding, accounting systems reviews, and contract analysis, our personnel have also assisted counsel with the investigation and resolution of fraud and mischarge allegations.

We provide government contract consulting assistance to a variety of companies which use different types of cost accounting systems, including job order, standard, and process cost accounting systems. Our project management personnel have worked with scheduling systems ranging from Gantt charts to complex Critical Path Method (CPM) schedules with over 25,000 activities. The industries we have served include electronics, aerospace, computers, avionics, shipbuilding, ordnance, construction, and transportation. Our combination of engineering and accounting professionals and our experience and familiarity with the Federal Acquisition Regulations and Government Cost Accounting Standards make us uniquely qualified to assist our clients on claims related matters.

The following are examples of our experience on government contract related matters:

  • Analysis of cost estimating systems and internal controls
  • Government allegations of defective pricing and fraud
  • Application and interpretation of Cost Accounting Standards
  • Termination for convenience