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#government-contracting

Government Contracting

Federal contract compliance, cost accounting standards, and accounting practices for government contractors

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8 min read

OMB's Uniform Guidance Overhaul: What the 2 CFR 200 Rewrite Means for Nonprofits on Federal Grants

OMB's proposed Uniform Grants Regulation would replace 2 CFR Part 200 by October 1, 2026 — making the rules binding regulation, eliminating most fixed-amount awards in favor of cost-reimbursement, and adding termination-for-convenience authority. Here's what nonprofit finance teams should do about the 30–60 day reimbursement lag, indirect cost documentation, and new allowability limits before the final rule lands.

Mike Thrift

nonprofitgrantscompliance
6 min read

GAO Report: SBA Still Hasn't Fixed 14 of Its 17 Flagged Problems — What It Means If You're Relying on an SBA Loan or Portal

GAO's June 2026 follow-up (GAO-26-108956) finds SBA has implemented only 3 of 17 priority recommendations, leaving 14 open — including fraud-control gaps that produced ~2 million unusable COVID-EIDL fraud referrals and a Unified Certification Platform lacking basic risk and cybersecurity plans. Here's what that means for loan and certification applicants, and why airtight records are your best defense.

Mike Thrift

sbasba-loanssmall-business
9 min read

The 2026 FAR Overhaul: What the New CAS Thresholds Mean for Small Government Contractors

Starting with contracts awarded on or after June 30, 2026, the FAR overhaul raises the CAS trigger from $2.5 million to $35 million per contract, the full-coverage threshold from $50 million to $100 million, and the certified cost-or-pricing data (TINA) threshold from $2 million to $10 million, exempting close to half of currently CAS-covered contractors.

Mike Thrift

government-contractingcompliancetax-compliance
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