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."
Poised to bid on contracts with the Federal Government? you will likely encounter challenges with procurement regulations and bureaucracy. Read the Blog
As we learned last year when the paper filing threshold dropped from 250 for each tax form to 10 tax forms in aggregate (i.e., 1099-NEC plus 1099-Misc plus W2), one should no longer be contemplating t[...] Read the Blog
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We are focused on delivering reliable cost accounting, timekeeping and expense reporting solutions to labor-intensive federal government contractors and not-for-profit organizations in search of fully compliant, standards-based, project accounting software.
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