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State DOT Contracting and Prequalification Policies – The Effect on Overhead

Code: 14095-DL

List Price:  $0.00

List Price:  $299.00

Member Price:  $199.00

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The AASHTO Uniform Audit & Accounting Guide has been published and the 23 CFR 172 has be revised to more clearly define the roles and responsibilities of State DOTs and consultants. Life should be easy now that all parties have a clear understanding of their roles, right?

Well, not so fast.

Contracting policies requiring certain accounting treatment and “prequalification requirements” now seem to be the next big challenges for consultants. These strategies require consultants to go far beyond the intent of federal laws and regulations in dictating submittals and contracting terms.

Join Wayne Owens and Anthony Machi, members of the ACEC task force who reviewed and provided industry input on the modifications to the Audit Guide, to improve your understanding of the major changes to the Audit Guide.

You'll gain key insights into how the changes to the Audit Guide and Prequalification Policies will impact your firm's work with State DOT clients, including accounting and reporting practices and areas of potential risk. You'll also learn your rights and responsibilities in the following areas:

  • What contracting terms should consultants be on the lookout for
  • Can an agency dictate the treatment of premium overtime in the accounting system
  • Can an agency dictate the use of standard costing of labor
  • Legislative support for a consultants right to choose
  • Strategies for overcoming contacting requirements
  • What can a firm do about onerous prequalification requirements


Here's what live class attendees had to say ...

  • "Good refresher on matters of firm policy and things states should not be dictating...always good to be reminded of our rights and that "education" might be in order at times to preserve those rights. Also good to hear of others' experiences in various states."
  • "A thoughtful presentation and discussion on State interpretations of the actual Federal rules. Very relevant for our business."
  • "Really enjoyed the speakers ... Very knowledgeable and demonstrated thought leaders on these topics."

 

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Year Published: 2016

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