AASHTO & FAR Audits
Get a Quote
FAR Audits – Little Rock (AR)
For many Little Rock and Arkansas architecture and engineering firms, government and state Department of Transportation (DOT) contracts are an essential source of revenue. Since these contracts require compliance with government regulations when bidding on and performing services, a Federal Acquisition (FAR) audit is required. The audits are essential for validating the contractor’s indirect costs are properly calculated, classified, and allocated. This helps contractors to maintain eligibility for contracts, avoid non-compliance penalties, and recover costs. Whether this is your first audit or part of ongoing compliance, it is important to work with a qualified provider.
FAR Audit Experience
Brady Ware provides AASHTO and FAR audit services to companies in Little Rock and Arkansas. We work closely with those subjected to AASHTO and FAR Part 31 regulations to ensure compliance with established regulations. Our team members are familiar with the nuances involved in both standards and undergo ongoing training to stay current with changing trends. This results in a comprehensive and value-added audit experience.
AASHTO/FAR Audit Services
- State DOT Acceptance: Our audits are performed to the rigorous standards of Government Auditing Standards (GAGAS) and follow the specific guidance of the AASHTO Uniform Audit & Accounting Guide. This ensures your rate is recognized and accepted by all State Departments of Transportation.
- FAR Part 31 Compliance: We provide a comprehensive review and audit of your Schedule of Indirect Costs based on the cost principles in Part 31 of the FAR. You receive the necessary Opinion Letter and certified report required to confidently submit your rate for billing.
- Strategic Cost Segregation: We perform an in-depth analysis of your direct, indirect, and unallowable costs. We find opportunities to maximize your allowable costs (like fringe benefits and facility costs) to achieve a higher, yet fully justifiable, reimbursement rate.
- Unallowable Cost Protection: Proactive identification and segregation of all unallowable expenses (e.g., entertainment, political contributions, federal taxes) to prevent audit findings. Management bears the sole responsibility for this crucial step.
Contact our Little Rock FAR Audit Professionals
Brady Ware provides AASHTO and FAR audit services to organizations in Little Rock and Arkansas from our Ohio offices. If you are interested in learning how Brady Ware can help your organization maintain compliance, complete the form below. A team member will follow up with you shortly.
About the Little Rock Business Community
ChatGPT said:
The Little Rock business community reflects a balanced mix of government, healthcare, logistics, financial services, and advanced manufacturing, supported by its role as the state capital and a regional economic center. Public sector activity tied to state agencies and legislative functions provides stability to the local economy, while major healthcare systems, medical research initiatives, and insurance organizations contribute significantly to professional employment and innovation. The city’s central location along major interstate corridors and the Arkansas River has helped strengthen distribution, transportation, and supply chain operations, attracting companies that rely on efficient regional connectivity across the Mid-South.
Financial services and banking have long been pillars of the Little Rock economy, with regional headquarters and advisory firms supporting both local businesses and rural markets throughout Arkansas. Manufacturing operations in aerospace components, food processing, and industrial products continue to expand in surrounding industrial parks, complemented by a growing presence of technology and data-driven companies seeking a lower-cost operating environment. Small and mid-sized businesses remain a defining feature of the community, supported by organizations such as local chambers of commerce, economic development alliances, and entrepreneurial incubators that encourage startup growth and workforce development