Audit – noun; An official inspection or examination of an organization’s or individual’s accounts or financial situation, typically by an independent body Audit – verb; To conduct an official examination of an individual’s or an organization’s accounts Whether you are looking up the noun or the verb, the word “Audit” heightens anxiety levels in even […]
As a federal government contractor, you are accustomed to operating in a complex and highly regulated environment. What you may not appreciate is that something as mundane as tax compliance is as integral a part of your business landscape as the FAR. Tax regulations and reporting requirements unique to the GovCon industry make navigating the […]
In what is now an annual rite of passage, federal contractors face another potential government shutdown. This one looks more likely to happen than in years past. But fear not, it’s not our first rodeo. Here’s some quick, actionable advice. Is it different from any other article you’ve already seen on this subject? Not really, […]
Why You Should Seriously Consider Getting Into The GSA MAS Contract Ever heard of the General Services Administration (GSA) Multiple Award Schedule (MAS)? If you haven’t, you’re in for a treat. Imagine a golden ticket to a world of business opportunities for your company, where government buyers are shelling out over $45 billion annually through […]
New GSA MAS 8(A) Pool Strives to Increase Federal Procurement Opportunities for Small-Disadvantaged Businesses The U.S. Small Business Administration (SBA) and the General Services Administration (GSA) have entered into a revised 8(a) Program Partnership Agreement (PA). The primary goal of this agreement is to establish an 8(a) Pool (Pool) under Multiple Award Schedule (MAS), aimed […]
GSA MAS Refresh #17 A Highly Anticipated and Exciting Refresh! The eagerly awaited Multiple Award Schedule (MAS) Refresh #17, accompanied by a Mass Modification, was launched by the General Services Administration (GSA) in July. This refresh encompassed modifications to the overall solicitation, as well as changes specific to certain Large Categories and Special Item Numbers […]
Mastering Annual Budgets, Forecasting, and the Power Moves of Government Contracting Alright, it’s time to dive headfirst into the electrifying realm of budgeting for GovCons (government contractors). Strap in, because we’re not just scratching the surface – we’re plunging deep into annual budgets, forecasting, and the power moves of success in the finance universe. We’re […]
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 […]
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