A multibillion dollar leading technology and risk services provider to the federal government recently engaged Baker Tilly to perform a review its purchasing system in anticipation of a Contractor Purchasing System Review (CPSR).
Baker Tilly performed a review of their policies and procedures, procurement processes, purchasing internal controls, and procurement file documentation. The review was based on Defense Federal Acquisition Regulation Supplement (DFARS), Defense Contract Management Agency (DCMA), and Defense Contract Audit Agency (DCAA) purchasing system audit criteria and requirements. Upon review completion, Baker Tilly assisted the contractor with revising its procurement manual, developing new procurement forms and templates, designing new internal controls and creating management oversight and an internal quality assurance program for the procurement division.
Baker Tilly developed a more complete, streamlined procurement process to fit the contractor’s unique organizational structure and needs in preparation for their CPSR. Though the contractor’s purchasing system has not yet been audited, the contractor is now prepared and confident that they will pass based on Baker Tilly’s suggested improvements and applied solutions.
For more information on this topic, or to learn how Baker Tilly government contractor specialists can help, contact our team.