Federal form · U.S. General Services Administration (Standard Form)
Evaluates a prospective contractor's accounting system during a preaward survey to determine if it can properly accumulate and report costs under government contracts. DCAA auditors use this form to assess whether the accounting system is adequate for cost-type or incentive contracts.
Contractors undergo accounting system reviews using SF-1408 before being awarded cost-reimbursement or incentive contracts. An adequate accounting system determination is prerequisite for these contract types.
Reference record · Sources: U.S. General Services Administration (Standard Form) · Covers what it is, when it is used
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SF-1408: Preaward Survey of Prospective Contractor — Accounting System Government Contracts & Federal Records
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is federal form SF-1408 (Preaward Survey of Prospective Contractor — Accounting System). Evaluates a prospective contractor's accounting system during a preaward survey to determine if it can properly accumulate and report costs under government contracts. DCAA auditors use this form to assess whether the accounting system is adequate for cost-type or incentive contracts.
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Ask about SF-1408Contractors undergo accounting system reviews using SF-1408 before being awarded cost-reimbursement or incentive contracts. An adequate accounting system determination is prerequisite for these contract types.
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Bureauify. (n.d.). SF-1408: Preaward Survey of Prospective Contractor — Accounting System — Records & sources. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/form/sf-1408-preaward-survey-accounting-system
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