Compliance & Regulatory Solutions | FTI Consulting
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Compliance & Regulatory Solutions

Government contracts provide companies with considerable opportunities — and potentially significant risks. FTI Consulting professionals have the expertise and have a track record of success helping clients ensure compliance with both the letter and the spirit of government regulations and contract provisions.

Our Service Offerings

FAR, CAS and Other Regulatory Compliance

  • Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS) compliance consultation and compliance reviews:
    • Development of indirect rate structures, forward pricing rates and related submissions
    • Preparation or review of incurred cost submissions (ICS)
    • Labor and other direct cost charging reviews
    • Labor law compliance reviews
    • Cost allowability and allocation evaluations
    • CASB disclosure statement preparation
    • Preparation or review of cost impact analyses related to mergers, acquisitions or restructurings
  • Business systems reviews and assessments including:
    • Accounting
    • Purchasing (CPSR reviews)
    • Materials management and accounting (MMAS)
    • Estimating
    • Earned value management (EVM)
    • Property management
    • Cybersecurity proactive and reactive solutions including compliance
  • Ethics and compliance program reviews
  • Truthful Cost or Pricing Data (formerly Truth in Negotiations Act) reviews
  • False Claims Act (FCA) consulting
  • Foreign Corrupt Practices Act (FCPA) compliance
  • General Services Administration (GSA) schedule analysis and compliance reviews
  • Voluntary Disclosures

Claims, Litigation, Mediation & Arbitration Services

  • Assisting clients and counsel conduct investigations including providing forensic accounting addressing qui tam (whistleblower) claims or management's actual or perceived concerns related to:
    • FCA violations
    • Financial reporting irregularities and SEC compliance
    • FCPA violations
    • GSA noncompliance
    • Noncompliance with FAR and CAS
  • Providing bid protest, purchase price dispute and merger and acquisition support services
  • Preparing or analyzing damages calculations
  • Preparing mandatory disclosures
  • Preparing or reviewing Requests for Equitable Adjustment (REA) related to contract disputes and claims, including business interruption, warranty, lost profits, etc.
  • Performing critical path schedule and delay analyses
  • Preparing or reviewing termination settlement proposals (TSP)
  • Participating in settlement negotiations including defending basis of claim estimates
  • Providing expert testimony

Corporate Governance

  • Process and internal control assessments
  • Internal control development, testing and evaluation
  • Business process re-engineering
  • Sarbanes-Oxley Act (SOX) compliance
  • Enterprise risk management and strategic planning
  • Management and board advisory services and training

Audit Support

  • Audit preparation and management:
    • Assisting with preparation for, and coordination of, DCAA, DCMA and other regulatory audits
    • Collaborating with clients and counsel to prepare responses addressing audit findings
    • Developing remediation plans to mitigate risks related to audit findings
    • Conducting risk assessments, independent reviews and mock audits prior to regulatory audits
    • Providing pre-award and historical audit support
  • Serving as liaison between clients and government agency auditors

Other Support Services

  • Providing contract administration assistance
  • Conducting other contract analyses including, but not limited to:
    • Proposal preparation and review
    • Defective pricing (Truthful Cost or Pricing Data) and price reduction reviews
    • Time reporting surveys and compliance reviews
    • Developing engineering change proposals
    • Providing planning and scheduling services
  • Assisting with structuring of incentives for performance-based contracts
  • Performing best value analysis
  • Evaluating adequacy of support related to representations and certifications
  • Developing cost and pricing strategies in compliance with applicable federal regulations
  • Providing training to financial and program managers
  • Conducting GAAP reviews and providing other accounting assistance
More Info

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