Navigating the world of government contracting can feel like being handed a puzzle with no picture on the box. For small businesses trying to land their first contract, Standard Form 1408 (SF1408) may feel like one of those pieces that seems impossible to figure out. SF1408 compliance ensures your business qualifies for certain types of […]
As a government contractor, you must learn the applicable regulations and comply with them strictly. One such regulation is the Cost Accounting Standards (CAS), which generally applies to contracts exceeding a specified dollar amount. The requirements are complex, so we have prepared this guide to help. You will learn the cost accounting standards thresholds and […]
Government contractors usually bill incurred costs using estimated or provisional indirect rates. Once the fiscal year closes, they determine the actual costs incurred, meaning they can now calculate the final indirect rates. Incurred cost submission (ICS) or incurred cost proposal (ICP) allows contractors to calculate refunds due when they bill less than the actual indirect […]
Do you have 10 minutes or less to stay on top of the ever-changing laws and regulations around labor and employment? Check out PilieroMazza‘s new podcast “Clocking in with PilieroMazza: Labor and Employment News for Government Contractors.” This podcast is designed for those who want to stay updated on the ever-changing laws and regulations around […]
Ensuring Workforce Continuity and Success: The Importance of Succession Planning for GovCons Is your GovCon prepared for a disruption within your workforce? Are you taking steps to prepare for the future of your organization? Internal and external factors can have a significant impact on your current and future workforce. Unfortunately, only 1 in 4 companies […]
case-studies
In late 2021, Forbes published an article about the difficult state of hiring for businesses around the world. The article stated that 54% of companies globally reported talent shortages in what proved to be a 10-year low for talent availability.
Just months later, ManpowerGroup published an infographic showing that number had risen to 75% of companies around the globe reporting that they’re having difficulty finding talent. Things haven’t gotten any better since then.
So you’ve decided to upgrade or even completely change your government contract accounting system. First of all, congratulations. Secondly, there are some things you’re going to need to do as a government contractor to make sure you’re maintaining DCAA compliance with your new accounting system. You already know this, but accounting for GovCons isn’t the […]
If you’re a government contractor, then you know all about the Service Contract Act (SCA). This act requires contractors to pay their employees fair wages and benefits, and is definitely a good thing. However, keeping track of compliance can get a little messy sometimes. In fact, there’s a chance you don’t actually know if you’re […]
As stocks have tumbled over the past few weeks, we find ourselves potentially in a financial market reckoning. A reckoning for those companies that operate without concern for what I’ll term business basics: PROFIT. It has forever blown my mind that companies continue to be created based on the latest trends – members, platform users, […]
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