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SF1408 Accounting System Review

Has your prime or contracting officer told you that you need an approved or adequate accounting system before your next award? What exactly is an approved or adequate accounting system? In the world of government contracting, most people think of DCAA-approved accounting systems. There are a few misnomers in that statement: DCAA does not approve…

Increased Profit Margins On Government Contracts

What are your current profit margins on government contracts? Are you still bidding a fee of 6% to 10%? Many contractors think they must accept low profit margins on government contracts. Not true! FAR 15.404-4(a)(3) clearly states, “Both the Government and contractors should be concerned with profit as a motivator of efficient and effective contract…

Indirect Rate Calculator

Do you want to know how to calculate indirect rates for government contracts? Are you looking for an indirect rate calculator to verify your current rate structure? Check out our indirect rate calculator – an Excel tool designed for ease of use. Simply enter totals from your existing GL reports (Income Statement or Statement of…

Subcontract Management from A to Z

Join me in Norfolk as I present NCMA’s “Subcontract Management from A to Z” on May 15, 2015. Click the image below for the PDF or this link for full details.    

Is Your Government Property Management System Up to Par?

What is Government property? Government property is defined in FAR 45 and means all property owned or leased by the Government. Government property includes both Government-furnished property (GFP) and contractor-acquired property (CAP). Government property includes material, equipment, special tooling, special test equipment, and real property. Government property does not include intellectual property and software. Government…

GSA Professional Services Schedule Migration – Category Management in Action

GSA announced the new Professional Services Schedule migration in early 2014, and the related consolidation of 7 existing schedules. GSA’s goals include increased contract usability, increased program efficiency, and reduced administrative costs – all hallmarks of category management. The 7 existing schedules encompass more than 4,400 contracts and 440 firms. Schedules included in the migration…