GovCon Blog

We want to assure your success, thus we created this government contracting blog to help you navigate and stay up-to-date on the complexities of compliance in your highly regulated industry. Looking for more government contract insights? Click here to contact us. A member of our team will be in touch.

 


Keys to Successfully Answering the DCAA Knock at the Door!

In the current government contract regulatory compliance environment, transparency of the contracting process has gained considerable importance and visibility. This transparency directly affects government contractors’ compliance programs and impacts multiple areas of the business.

Small Business Resource to Getting Started as Contractor in 2016

The U.S. government is the largest single purchaser of goods and services in the world with approximately $500 billion in contracts awarded every year.

Perspective in Government Contracting

A number of trends in the government contracting space are expected to draw interest from private equity firms in the coming year.

Free Resource: ICE (Incurred Cost Electronically) Model

The ICE Model, which is the electronic version of the "Model Incurred Cost Proposal," provides contractors with a standard, user-friendly ICE submission package for preparing adequate incurred cost proposals in accordance with FAR 52.216-7, "Allowable Cost and Payment".

Webinar Video: Preparing for an Incurred Cost Submission (ICS)

The Incurred Cost Submission is daunting and can be very confusing for contractors because of its complexity and the number of schedules and forms. Not only that, there are sensitive audit issues as well as a host of other issues such as executive compensation and rate calculations that impact your submission.

12 Essentials to a Successful DCMA Contractor Purchasing System Review

12 identified purchasing system essentials that every company must consider as they evaluate their system and prepare for their next CPSR.

Service Contract Act Considerations for Government Contractors

In the government contracting industry, contracts that must comply with the McNamara-O’Hara Service Contract Act (SCA) are becoming more prevalent than ever before. The SCA’s intent is to ensure that businesses with contracts whose principal purpose is to provide services in excess of $2,500 offer established wages and benefits to covered employees. If a contract is deemed to be subject to the SCA, all non-exempt employees working on that contract—in any capacity—must be compensated based on their respective Wage Determination (WD), which establishes the minimum wage and benefits for various positions.

Perspective in Government Contracting

The number of private equity platform investments in the government contracting space declined steadily over the last three years, with many generalist firms that were once drawn to the reliability of the industry being deterred by budget volatility and sequestration fears. Exits have been delayed as private equity firms that invested in the industry five or six years ago have waited patiently for conditions to improve.

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