Mastering Budgeting: Tips and Tricks for a Successful Season The planning involved to execute a successful budgeting season is comparable to preparing for travel during peak periods at a congested airport. In either situation, it is crucial to avoid racing against the clock so that time can be allotted for potential delays (including that one […]
Competency modeling provides a framework to identify and define the specific skills, knowledge, abilities, and behavioral requirements that an employee needs to be successful in their role within your organization. Do you know what your people need to know? Identifying, articulating, and communicating employee competency models is an essential strategic move for any business, particularly […]
The government contracting (GovCon) industry relies on highly skilled professionals to successfully deliver projects and services to government agencies. In this context, the importance of hiring the right talent cannot be overstated, making comprehensive training for GovCon hiring managers invaluable. In this blog, we will delve into the significance of training GovCon hiring managers and […]
Is your Open Enrollment coming soon? It’s almost never too early to be thinking about your benefit options! Employee benefits play a pivotal role in attracting and retaining top talent in the competitive world of Government Contracting (GovCon). Determining the right benefits to offer requires careful consideration of various factors specific to the industry, such as compliance with government regulations, budget constraints, and the needs and expectations of employees. Let’s explore the key steps GovCons should take to determine employee benefits and provide practical tips for shopping for these benefits effectively.
You signed the NDA and the Teaming Agreement. Then your team won the federal contract! The period of performance is prompt, and you don’t have your subcontract settled just yet, so the Prime offers you either an Authorization to Proceed (ATP) or a Letter Subcontract so you can get to work.
Fantastic! Or is it?
To address national security concerns, the US government has implemented a ban on the use of TikTok, a popular social media app, in government contracting. Effective June 2, 2023, this ban prohibits contractors and their personnel from using or having the TikTok app or any software developed by ByteDance on their information technology equipment while performing federal contracts. In this blog, we will explore the implications of this ban and discuss how organizations can ensure compliance with the new regulations.
Unratified Purchase Errors. In business-speak we call them procedural missteps, broken processes, or deviations from procedures. Colloquially, we use phrases like “cart before the horse” or “cut across the infield” and “blew it this time”. DCMA calls them “Unauthorized Commitments”.
If you are a GovCon subject to the DFARS Purchasing System rules, you most likely have Unauthorized Commitments from time to time. FAR 1.602-3 defines an Unauthorized Commitment as an agreement that is not binding solely because the representative who made it lacked the authority to enter into that agreement. The most common example is a project manager directing a seller to get to work before authorization from the purchasing department. Sound familiar?
Mergers and acquisitions (M&A) in the government contracting (GovCon) industry bring forth significant changes and challenges for organizations. As the integration process begins after the sale closes, Human Resources (HR) assumes a crucial role in ensuring a smooth transition and maximizing the success of the merger or acquisition. In our previous blog, we discussed the importance of HR due diligence prior to the sale. Any HR due diligence items that were not completed prior to a merger or acquisition due to timing or lack of cooperation during the process should be conducted as soon as possible. Now, let’s explore additional key GovCon HR activities that are vital during the transition phase.
When it comes to mergers and acquisitions (M&A) in the government contracting (GovCon) industry, there are complex processes involved in integrating multiple organizations. While financial aspects and strategic synergies often receive the most attention, it is crucial not to underestimate the vital role played by Human Resources (HR). HR professionals are instrumental in ensuring a smooth and successful merger or acquisition by effectively managing various people-related challenges and facilitating a seamless transition for employees.
GovCon or no, we have all been there. We have made the bad deal. We signed the paper without really reading and understanding it. Whether we committed to the 3-year deal with the home alarm company with shoddy equipment and worse customer service or signed the exclusive teaming agreement thinking, “This is the ONE!”, only to end up with a one-sided subcontract with a fraction of the work share that we were promised, we have all experienced the rush of wind leaving our sails the moment we realize that we have been had. That rush is the sound of your company’s growth plan moving backwards.
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