Are You Ready for a Cost-Type Future?
With the potential redirected push for cost-type contracting over fixed-price contracting, there are new compliance issues for government contractors.
Accounting System Adequacy — Compliance 101 — Down to Basics!
The SF1408, Preaward Survey of Prospective Contractor (Accounting System) details some sixteen specific requirements a potential contractor must meet for their accounting system to be considered adequate. To make compliance more understandable and attainable, we've compiled the following five capabilities contractors should implement and document in written policies and procedures.
Impact of New Lease Accounting Standards for Government Contractors
Do you have a lease? If so, it is important to be aware of the new Lease Accounting Standards for Government Contractors. Lease accounting standards are changing and government contractors need to know how this will affect them.
How the Government Buys Goods and Services: What Government Contractors Need to Know
The federal government is the largest single customer in the world. Continuing with our Basics of Government Contracting Series, in this blog post we discuss how the federal government buys goods and services and what you need to know as a government contractor.
Strategies for Government Contractors to Retain Employees in a Post-Covid Environment
Retaining talent in a post-Covid environment can be challenging, but it is important to keep your employees engaged and productive. Here are five tips on how you can successfully retain your talented people when economic uncertainty looms overhead.
Changing Guidance for Federal Contractors Over Vaccine Mandates
An executive order could require federal construction contractors to implement a vaccine mandate on all federal jobs; however, recent court challenges make following the standard tricky, especially from one contract to another.
Government Contracting Basics: Pros and Cons of Doing Business with the Government
If you're thinking about pursuing government contracts, it's important that you weigh the pros and cons carefully to make an informed decision.
Keep Your Labor Rate Compliant and Competitive!
The standard calculation of a proposed hourly rate for an exempt salary employee encompasses dividing the individual’s salary by the standard 2,080 work hours per year. However, there is a way you can make your hourly rate more competitive and FAR compliant at the same time.
Federal Contractors on the Hook for Cybersecurity Readiness
In another demonstration of the federal government’s commitment to cybersecurity, the DOJ released details of its Civil Cyber-Fraud Initiative. Here’s how contractors can comply.
Top Cyber Risks for the Real Estate Industry
Half of all real estate companies report being unprepared for a cyber attack. Understanding where risk comes from and how to prevent and mitigate data breaches can help companies avoid the costly effects of cybercrimes.