Public Vouchers
Contents |
DCAA Public Voucher Guidance
Introduction
Cost type contracts provide for interim payments for costs on a Standard Form (SF) 1034 public voucher or equivalent. DCAA will perform voucher reviews based on risk.
• Fixed price contracts are subject to FAR Part 32 financing methods.
DCAA Responsibilities - Pre-Payment Review of Vouchers
• Evaluate for compliance with contract terms and billing instructions
• Reconcile billed costs to the accounting records
• Verify that indirect costs are calculated using established provisional billing rates
• Verify the voucher is properly prepared (mathematically accurate, contains cumulative costs, etc.)
• Verify timely payments to vendors and subcontractors
• Verify billed labor, materials, and other direct costs to accounting records and supporting documentation
• Compare amount billed to amount received
• Review monitoring of subcontracts in accordance with FAR 42.202(e)(2)
File:DCAA Public Voucher Guidance.pdf
Links
The link below gives DCMA guidance to government personnel on processing and approving Public Vouchers. http://guidebook.dcma.mil/8/guidebook_process.htm
