Richmond (VA)

AASHTO & FAR Audits

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FAR Audits – Richmond (VA)

For many Richmond and Virginia 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 Richmond and Virginia. 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 Richmond FAR Audit Professionals

Brady Ware provides AASHTO and FAR audit services to organizations in Richmond and Virginia 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.

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About the Richmond Business Community

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Richmond’s business communityCar Dealership Accounting – Richmond (VA) is shaped by a combination of historic institutions, corporate headquarters, and a steadily diversifying economic base that positions the city as a central commercial and government hub in Virginia. As the state capital, Richmond benefits from the presence of the Virginia General Assembly and numerous state agencies, which support a strong ecosystem of legal, consulting, accounting, and government-focused professional services firms. This public-sector foundation provides stability and consistent demand for businesses that specialize in compliance, advisory, and operational support.

Manufacturing, logistics, and distribution remain important components of Richmond’s economy, supported by the city’s location along major interstate corridors and proximity to the Port of Virginia. Food and beverage manufacturing, packaging, and advanced manufacturing firms are well represented, while industrial parks and distribution centers continue to expand throughout the region. Richmond’s entrepreneurial and small business community is supported by organizations such as the Greater Richmond Partnership, local chambers of commerce, and innovation hubs that promote startup development and urban revitalization.