Doing business with the federal government can be challenging, and the environment is rapidly changing. After several years of sequestration, spending appears to be on the rise for the DOD (and most importantly, there is certainty in the budget for the next two years after [..Read More..]
As a Government Contractor, are you able to track these Key Performance Indicators (KPIs)?
“Intelligence is the ability to adapt to change.” – Stephen Hawking Whether you’re a small or large business, there are certain critical performance metrics that enable managers and executives to effectively manage and achieve results. In order to navigate the complex waters of government contracting, [..Read More..]
The defense sector returns to growth in 2016 and 2017, after years of sequestration
The President’s original budget for 2016 released in February 2015, provided $612 billion in discretionary funding for national defense (including enduring overseas contingency operations costs) – $26 billion (4.5%) above 2015 spending. And then after the threat of another government shutdown, the Bipartisan Budget Agreement [..Read More..]
Partner Spotlight: Success in the Federal Market with BidSpeed and GSA Focus
Federal buyers are tasked to buy goods and services but are obligated to follow a complex law-book (called the Federal Acquisition Regulations). This governs their decisions and puts their career at tremendous risk. GSA Contracts were developed to cut the red-tape and allow federal buyers [..Read More..]
How To Win and Manage a Federal Government Contract
According to Forbes, government contracts are not as lucrative for small businesses as one might think. About 22.5% of federal contracts go to small businesses. Therefore, knowing the capabilities of your company is the first thing that must be considered before attempting to respond to [..Read More..]
How Is Lowest Price Technically Acceptable (LPTA) Impacting The Government Contracting Market
For a few years now, government contractors have had a new challenge to take into consideration when placing bids. Most government agencies are now following a procurement method known as Lowest Price Technically Acceptable or LPTA. Simply put, this practice is about choosing the lowest [..Read More..]
Integrating CRM and Contract Management results in more effecient GovCon contract life cycle management
Government contractors face a set of unique challenges due to the nature of their work. The main challenges can be identified as the time and efforts that go into finding work, the need to comply with guidelines that can differ from one government agency to [..Read More..]
How To Properly File Incurred Cost Proposals
An Incurred Cost Proposal (ICP) is a report of your actual indirect expenses that you are required to submit annually when you have a Cost Reimbursable contract. You should file no later than six months after the end of the fiscal year during which you [..Read More..]
To Find The Best Cloud ERP System, Ask Questions
In the world of Enterprise software “There is no such thing as a stupid question.” According to ERP Cloud News, “Cloud ERP vendors are becoming increasingly more and more competitive as the “SaaS Wars” continue to expand across the world of Enterprise software.” The Cloud [..Read More..]
Government Contractors: Are Your Business Systems Compliant?
Government Contractors: Are Your Business Systems Compliant? As a result of the National Defense Authorization Act (NDAA) of 2011, all contracts that are subject to Cost Accounting Standards (CAS) are required to have acceptable business systems as a condition to contract award. This means anyone [..Read More..]