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News | July 31, 2020

Frequently Asked Questions about the CARES Act Now Available

By DCAA Staff Writer

DCAA has posted a Frequently Asked Questions document related to Corona Virus Aid, Relief and Economic Security (CARES) Act to our website. Many contractors and practitioners have contacted their local DCAA offices with questions about unique cost issues created by the COVID-19 pandemic, including the CARES Act and its impact on contract billing and costing. 

We are aware of the many questions and concerns from the contractors. These are unusual times and the circumstances are evolving. We are actively working to provide clear and timely guidance that is consistent with the rest of the Department of Defense. As such, we are coordinating with the Defense Contract Management Agency, the Defense Pricing and Contracting Office, and the Department of Defense Comptroller before issuing guidance. Please remember that only Contracting Officers make determinations about contract modifications, adjustments, and reimbursement under Section 3610 of the CARES Act. 

We are committed to updating these frequently asked questions as more information is received and also to issuing guidance as conditions permit. To view the FAQ document, click here.