Government Grants and Contracts

Are you considering applying for federal agency contracts from the National Institutes of Health, the Department of Energy, the Department of Defense or another government agency? If so, do you have the proper systems in place to comply with program requirements such as SBIR, STTR or ARRA? Is your company ready to pass government audits such as pre-award accounting audits? Shortcomings in these areas could lead to inability to win awards, penalties, or loss of funding. Act now!

AMS has government grant and contract specialists who will allow you to focus on the contract work while ensuring that your administrative systems and processes remain compliant with government accounting standards including DCAA and DFAS requirements.

Our experienced personnel can help you:
  • Implement a government compliant accounting system
  • Train accounting staff to maintain the system
  • Conduct pre-audit reviews to ensure successful audits
  • As a representative to your grantor’s auditor
  • Prepare a cost proposal with the appropriate indirect rates (cover all your overhead costs)
  • Monitor your company’s actual indirect rates and monitor contract budgets
  • Support various audits (A-133, surprise floor checks, billing rate audits, pre- and post-award audits)
  • Prepare quarterly administrative reports (FFRs, SF-425s, ARRA filings, 941 reconciliations)
  • Prepare annual government mandated incurred cost submissions
  • Prepare required written policies and procedures

AMS provides part-time financial assistance to manage day-to-day transactions as well as keep your processes and systems compliant. We can review your current accounting department’s operations on a monthly or quarterly basis.