GSA sends out Industrial Operations Analyst to offer help AND to check up on you, in what they call Contractor Assistance Visits (CAV). However, that is a euphemism for an auditor doing an audit.
Audits are initially conducted in the first 12 months after contract award and then generally 42-48 months into your contract. The later audit is critical because they expect you to be in full compliance. The stakes are high - loss of contract, adjustment of pricing, claims for recovering funds. If any critical element is deficient, it is considered grounds for cancellation or non renewal. GSA will then issue a "MAS Contractor Assessment Initiative Report Card."
What Does GSA look for During an Audit?
GSA auditors will look for answers to questions and review documentation regarding:
- GSA Schedule Contract Document management
- Receiving a GSA Schedule Order
- Price Reduction Clause Issues
- Economic Price Adjustment (EPA) Issues
- Government Billing Process
- Proper Industrial Funding Fee payments
- How you train staff about contract terms and compliance.
- Use of GSA's eTools
- Related GSA Schedule marketing issues
How TurboGSA Prepares you for a GSA Audit
TurboGSA can help you prepare for the GSA CAV audit.
Our contract management program includes Audit Preparation services for upcoming Contractor Assistance Visits.
- Audit Preparation Workshop (in your office or via the web).
- Mock Audit - a GSA specialist will visit your office and conduct a mock audit to help you understand what to expect and to be better prepared for.
Click here for more information about our GSA Contract Audit webinar (public or private session).
Click on the link to request information about our GSA Mock Audit service.