Blog

Subscribe to our Blog

What is a CLIN?

A CLIN is an acronym for Contract Line Item Number and can have different meanings depending on the type of contract. In some cases, a CLIN can represent a deliverable (e.g., task order) within a statement of work, and in others, a CLIN can represent an element of cost such as labor or travel incurred in the performance of the statement of work. According to FAR 4.1001, "Each line item describes characteristics for the item purchased, e.g., pricing, delivery, and funding information."

Recent Blogs

November, 01 2024

Are You Ready for Cybersecurity Maturity Model Certification?

cybersecurity

After several fits and starts over the past five years, the Department of Defense (DoD) finally issued its final ruling on October 15 for CMMC 2.0 compliance. This final rule coincides with October wh[...] Read the Blog

October, 04 2024

Accounting Software for GovCons: Many Choices but Few Options

DCAA Audits Accounting Software

Accounting Software for GovCons: Many Choices but Few Options Read the Blog

September, 04 2024

What is a "Value Added" General & Administrative Rate?

DCAA Audits Government Contractor Business Tips DCAA Small Government Contractor accounting system

When it comes to General and Administrative (G&A or SG&A) expenses, businesses of all types incur G&A expenses. Unlike Overhead which includes pooled indirect costs that are not identifiab[...] Read the Blog