Insights
Want the latest and greatest musing on topics germane to the GovCon space? Take a look at our past blogs, join our distro list and/or let us know if you have an opinion!
Want the latest and greatest musing on topics germane to the GovCon space? Take a look at our past blogs, join our distro list and/or let us know if you have an opinion!
Did you know that most Teaming Agreements self-terminate when the prime and subcontractor agree on the subcontract terms? It is true! A typical termination clause in a Teaming Agreement contains a list of events that signal the end of the Teaming Agreement the moment any of those things occur. For the winning prime and its teammates, the most common termination event is mutual agreement on the subcontract.
Any company that has been a teammate under a FAR Part 9 Teaming Agreement is familiar with negotiating workshare that will be subcontracted to them if the team wins an award. Aren’t those days when we learn we have won a contract/subcontract the best? But later, at some point during the execution of the prime contract, a quick calculation of your cumulative task order values divided by the published prime contract funded values does not measure up to the workshare percentage promised in the Teaming Agreement. So, what gives?
“Civilian agency contractors should start preparing now for an enhanced cybersecurity proposed rule to prevent gaps or issues when the regulation goes into effect—not to mention it just being good business to have robust cybersecurity protection.” –PilieroMazza PLLC CMMC is here to stay and civilian peeps, you will soon understand our DOD brethren’s pain. It’s […]
At BOOST we often work with clients who hope to sell in the next 3-5 years. Many aspire to cash a large check and sail off into the sunset. We know we are in the midst of market uncertainty (seriously, we’ve been on the cusp of a recession for a year now). Can you time […]
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 […]
In the dynamic landscape of Government Contracting (GovCon), change is the only constant. As a responsible and forward-thinking employer, it’s crucial to recognize the importance of updating your employee handbook policies and benefits on an annual basis. This proactive approach allows you to adapt to evolving legal requirements, cater to the needs of your GovCon workforce, and foster a positive and inclusive work environment. Let’s explore why this is a powerful strategy for success.
Well, it’s about that time again, folks! We are rounding the corner and making our way into the second half of the year (crazy how six months can fly by!), which means NOW is a crucial time to assess your progress towards your 2023 goals for govcon recruiting. Now that we have half a year solidly under our belts, it’s important to take a minute to step back, review our targets, track our headway toward our objectives, and realign our processes to make sure we are on point to hit that “holy grail” we are shooting for by the end of the year.
Are You in Proposal Hell? As government contracting organizations mature, their proposal strategy evolves. Let’s face it, in the beginning, a GovCon is just happy to be invited to the dance, even as a sub. So, we’ll bid on blue birds; we’ll stretch our rates, our margins, our past performance and occasionally our credibility. How […]
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 have a comprehensive succession plan in place. Working without a succession plan can lead to disruption, conflict, uncertainty and jeopardize the competitiveness of your organization.
Pipeline planning is essential to grow your business. Most small business GovCons focus on revenue attainment without placing substantial (enough) energy on the terms of the contracts underlying said growth. Depending on your GovCon’s, 1, 3 and 5+ year plan, the type of contracts you compete for, win and operate under are as important as the revenue they bring your organization. Strategic contracting is key!
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