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Effective immediately, in response to the Coronavirus Disease 2019 (COVID-19) national emergency, the progress payment rates at Defense Federal Acquisition Regulation Supplement (DFARS) 232.501-1 are increased from 80% of incurred costs to 90 percent for large business concerns and 95 percent for small business concerns. The class deviation remains in effect until rescinded.
DoD and DAU's first priority is the protection of our people. While DAU will not offer any classes in person until further notice, please do not cancel your class attendance yet. Students will be notified several days in advance of the scheduled start date whether their class will be cancelled or offered online.
When: 1/15/2020, 12:30 PM, Eastern Standard Time
What: Value Added Tax (VAT) can potentially be a major cost driver on purchases made by DoD entities or its partners abroad. Policies require that DoD seek VAT exemption from foreign countries to the maximum extent practicable. As such, it is necessary that program management, contracting, financial management, and other acquisition personnel are knowledgeable of VAT exemption since it may pertain to international efforts.
Mid-Tier Acquisition (MTA). Other Transaction Authorities (OTA). Go faster. Take on more risk. Welcome to today's acquisition environment. But how is the DoD Financial Manager, as well as the Financial Management system, supposed to keep up? DAU Professor Stephen Speciale explores this and more in his recent publication in the DoD FM Connection Newsletter. Don't miss his excellent insights!
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