The Federal Government released their 2013 report on the Defense Acquisition System. This 126 page report looks at the performance of the purchasing system in the Government's largest arm and points out...
Government contractors must pay close attention to costs and whether or not the government considers them allowable costs or unallowable costs. The government outlines specific costs that they do not...
The phrase “pay now or pay later” has become known as the American way over the past several decades.Too often we make the decision to pay later which we all know from a personal perspective, always...
It always amazes me to hear about small business entrepreneurs who are successful in receiving SBIR grants or contracts from the government but suddenly have difficulty in collecting money or continually...
Identifying and allocating costs on government jobs is a big part of the government's concern about the contractor's accounting systems. The Federal Acquisition Regulations (FAR) specify that "Before...
If small Federal Contractors didn't have enough to worry about with budget cuts and Sequestration and all there is also the unknown that relates to the pending changes in healthcare. Of course I'm...
The other day I talked about how there could be a lot of funding released in the next 3 months. I think there is some evidence already of this activity beginning. For instance, in the last week the US...
There has been a lot said about the impact of Sequestration on not only the government departments but also on Small Business. I have seen a lot of indications that small business may be...