The Wright Consulting Group (TWCG) provides full-lifecycle contract-management support from Statement of Work (SOW) development to contract closeout. Our seasoned professionals have expertise with Federal procurement policies and procedures, to include the FAR, DFAR, and various agency supplements. This is coupled with a thorough understanding of administering Cost Reimbursement, Time & Material, Fixed Price, and Indefinite Delivery Indefinite Quantity (IDIQ) task order contracts. Our services in this area include:
Contractors Purchasing System Review (CPSR)
Consider this… Your organization has reached a level of revenue at which various Government regulatory agencies are starting to scrutinize your records. One of these agencies, the Defense Contract Management Agency (DCMA), is interested in conducting a Contractors Purchasing System Review (CPSR). While you would like to comply with all the requirements and pass this untimely audit, it is clearly evident that your current system is in disarray.
The Wright Consulting Group (TWCG) has developed a process to assist in assessing your procurement system and determine its adequacy and the likelihood of passing the CPSR. Our services in this area include:
- Examining Procurement Policies and Procedures Manual(s)
- Conducting Staff Interviews
- Reviewing Purchase Order/Subcontract Files
- Providing Deficiency Percentage Report
- Formulating a Report that discusses all System Deficiencies
- Developing a Corrective Action Plan
All services are provided in accordance with the DCMA CPSR Guidebook and requirements of the Federal Acquisition Regulation (FAR). Note that Government contractors billing in excess of $25 Million to the Federal government are subject to the CPSR. It is in your best interest to prepare early and determine how your system measures up. Having an approved procurement system will provide for an effective procurement organization and will broaden the gateway for additional opportunities on contracts that are materially intensive.
Procurement Policy Development
As federal procurement policies and procedures change, so must government contractors update their internal policies and procedures manual. The Wright Consulting Group (TWCG) has developed a procurement policy manual in direct compliance with the Federal Acquisition Regulations (FAR) ensuring that all mandated policies are covered, in addition to those required by corporate management.
Our services in this area include:
- Development of Procurement Policies and Procedures Manuals
- Production of Desktop Reference Guide
- Development of Standard Purchase-Order Terms and Conditions
- Development of Standard Procurement Forms