Fed Talks: Today’s top 10 – costs for termination settlement proposals

Fed Talks is a series of audio episodes featuring current issues in government contracting, offering thoughtful, bite-sized insights with rotating guests from inside and outside Baker Tilly.

On this episode of Fed Talks, we discuss the top 10 costs contractors are forgetting to include in their termination settlement proposals with Baker Tilly principal Noah Leiden and special guest John Prairie, a partner at Wiley Rein LLP. Questions addressed include:

• What are government terminations and when do they occur? 
• Why are government terminations a timely topic in 2021?
• What are the types of costs that government contractors often forget to include in their termination settlement proposals?

Connect with us to hear more from our government contractor advisory team.

About the guest

Noah Leiden, CPA, Principal

Noah is a principal and CPA with Baker Tilly’s government contractor solutions team, where he has worked since 2010, serving government contractors in manufacturing, engineering, professional services, information and communications, healthcare, higher education and not for profit organizations. Noah has extensive experience providing a range of government contract accounting, pricing, business system and internal control oversight and regulatory and contract compliance to his clients.

John Prairie, Partner at Wiley Rein LLP

John helps government contractors navigate complex federal procurement issues. He represents some of the largest aerospace and defense logistics professional services and IT contractors in the world as well as small engineering firms and commercial and international companies with a limited footprint in the U.S. government market. He often assists them with high stakes bid-protests and claims litigation including disputes, M&A, investigations and other legal proceedings as well as terminations.

About the producer

Andrew Graziano, Senior Consultant

Andrew has been with Baker Tilly for over three years and has spent that time working with government contractors on a wide variety of compliance matters. Andrew has experience with incurred cost proposals, indirect rate modeling, price proposal preparation, cost impact analysis and commercial sales practice disclosures. In his spare time, he produces and edits this Fed Talks podcast. 

Music Credit
Artist: Chael
Song: Sparks
https://www.free-stock-music.com/artist.chael.html