Founded in 2011 by a recognized expert in Federal Acquisition Regulation (FAR) and the Cost Accounting Standards (CAS) with 40 years of experience successfully dealing with the myriad of regulations and laws to the benefit of his clients. Clients get the best advice on pricing, accounting and business systems based on a detailed understanding of laws, regulations and business. He provides answers based on the unique aspects and needs of each company. He has authored and taught many seminars on Government contracting.
Strategic FAR Advisors is owned and operated in Northern Virginia, with clients both in the Washington DC metro area and across the country. Other companies may offer similar services, but we bring true knowledge and experience from working as a Federal procurement official, CFO and highly valued consultant to many Government contractors. Our gray hairs are earned from solving complex financial and contract issues and resulted in proven results that added millions to the bottom line of multiple companies. Dealing with various sized companies from start-ups to multi-billion dollars in revenues, we bring a knowledge of Federal Contracting that is unsurpassed. We are recognized experts by the Federal Courts, the Big 4 Accounting firms and many law firms with Government contracts practices.
In 1977, Mr. Bonuccelli started working with Government contracts at a Washington DC University. He left there to become an auditor for DCAA where he excelled and was promoted to a Senior auditor. While there, he completed his Masters Degree in Accounting and earned his CPA. Then he left to become the CFO for a rapidly growing Government Contractor that he helped grow from 48 staff to more than 250. He left to pursue a PhD in Accounting when events led him to join the PWC Government Contractor Consulting Service where he successfully increased the profits of clients by millions of dollars a year by providing them with insightful advice. He also has provided litigation consulting services for fraud, breach of contract, bid protest and equitable adjustments. His efforts have helped numerous clients recover hundreds of millions of dollars related to accounting and pricing issues.
Upon leaving PWC, he co-founded Sacks & Bonuccelli, Inc. where he worked closely with Bernie Sacks, a former member of the CAS Board Staff and author of CAS 412 and 413. They addressed numerous CAS and FAR issues with many clients and worked on numerous bid protests. After Bernie retired and later passed away, He took the position of CFO at ISN Corporation where he was deeply involved in several equitable claims and court cases involving interpretations of the FAR. He helped ISN recover several million dollars related to its equitable adjustment claims. All while successfully managing the financial and accounting requirements of the company and producing quality financial reporting under the JAMIS accounting system.
After almost 5 years as CFO, Charlie left and became a Principal of Argy, Wiltse & Robinson, PC where he assisted many clients in addressing CAS, FAR Part 31 allowability of cost, executive compensation, termination claims and equitable adjustments. He was engaged on 15 bid protests as a cost expert that resulted in 13 cases being won. He assisted clients in preparing Incurred cost submissions. He also worked on several litigation consulting cases involving fraud, breach of contract and financial analysis. He assisted companies in designing and documenting key business systems to withstand audits by DCAA.
He left Argy in 2011 and hung his shingle to help companies and law firms of all sizes address their Government contract issues and business system requirements.
During his entire career, Mr. Bonuccelli has been outspoken in his comments on the effect that proposed and adopted changes in FAR and CAS have on companies. His insightful views have helped companies cope with multiple changes while achieving the goal of making a profit.
Mr. Bonuccelli has a holistic approach to applying federal laws and regulations to a business. This approach has provided practical solutions and concrete results to clients of all sizes. His greatest achievement for a company is to increase its bottom line and to provide long term solutions.
Charles can be reached directly at (571) 594-7365 or firstname.lastname@example.org.
In June of 2020, we mourned the death of Amy Hernandez, one of the original Principals of Strategic FAR Advisors LLC. We will always remember her smile and her ability to help clients of all sizes find solutions to difficult Federal contracting proposal, accounting and business issues. Her technical ability was outstanding and she was a true asset to any organization she worked with. She was taken from us too soon. We will miss her. She left behind a son, Hector and her husband, Leo. We pray for them and they will always have our sympathy. For those who are seeking outstanding advice on Federal Government contracting issues. We are still here to help you and provide you with the best advice and solutions. Please call Charles L. Bonuccelli at (571) 594-7365. We would be happy to help.