Insights

Next Level Talent: Is it Best to Buy it or Grow it?

October 4, 2024/in GovCon, Talent Acquisition /by BOOST

Consider two companies, each with comparable, average employee turnover rates for their industries. An executive team discussion at Company A goes something like this, “We’re not going to invest too much into talent development. We’ll just be setting ourselves up for our competitors to steal our best people after we invested our money in them. […]

Cost Accounting Standards

October 2, 2024/in Uncategorized /by BOOST

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 […]

DCAA Incurred Cost Submission

October 2, 2024/in Uncategorized /by BOOST

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 […]

Is it Time to Break Up with Your Benefits Broker?

September 23, 2024/in GovCon, Human Resources /by BOOST

Is your broker not meeting your expectations? Are they not available when you need them? Do you wonder how they’re even helping you? Now may be a good time to evaluate all your options and consider other brokers. How to Shop for the Right Benefits Broker Finding the right benefits broker is a crucial step […]

Navigating HR Reporting Deadlines

September 23, 2024/in GovCon, Human Resources /by BOOST

In the world of HR, staying on top of reporting deadlines is crucial for ensuring compliance, avoiding penalties, and maintaining the smooth operation of your organization. HR reporting deadlines are essential for several reasons: Compliance: Meeting reporting deadlines ensures that your organization remains compliant with federal, state, and local regulations, helping to avoid costly fines […]

GSA Case Study: Consolidating MAS Contracts to Unlock Additional Benefits

September 9, 2024/in Contracts, GovCon /by Brie Paramo

The Challenge: A company was navigating the complexities of managing two General Services Administration (GSA) Multiple Award Schedule (MAS) contracts. As one of these contracts approached the end of its current option period, it required undergoing the option renewal process to exercise the next option. Differences in terms and conditions between the two contracts compounded […]

Time for New Accounting Software? Now is the Time to Start Configuration!

September 9, 2024/in GovCon, Services /by BOOST

Summer is winding down! The weather is fine and our thoughts turn to…. accounting software? Yes, if your company has been considering a move to a new accounting software platform such as Unanet, now is the time to act if you want to be up and ready to go for a January 1, 2025 system […]

GSA MAS Refresh #22

September 9, 2024/in Contracts, GovCon /by Brie Paramo

The General Services Administration (GSA) released the latest Refresh #22 to its Multiple Award Schedule (MAS) contract this month, accompanied by a mass modification (mass mod) to incorporate changes to the overall solicitation, as well as modifications specific to certain Large Categories and Special Item Numbers (SINs), which apply uniformly to all existing schedule holders […]

Recruiting: Hiring for Potential Can Work!

August 19, 2024/in Advice, GovCon, Human Resources, Talent Acquisition /by BOOST

The talent market has loosened, yet many employers are still finding it hard to find the right skill sets for open positions. This is particularly evident in more specialized Analyst, Technical, and IT roles. Education institutions are working hard to create more market-relevant programs and certifications but not quickly enough to keep up with employer […]

Interviewing 101: Common Questions That Could Lead to Trouble