Cost and Pricing
Government Purchase Cards – How are you accounting for Processing and Administration Fees in your accounting system? What about when Forecasting or Establishing Prices? Avoid the mistake that many overlook when pricing as it relates to Purchase Card Fees! The Cost Side - Allowability This is typically an allowable cost usually
Government Contracting Process
Code of Business Ethics and Conduct - One Option to Get Yours Started! Why recreate the wheel when you can start with the wheel and adjust it to meet your mobility needs. Codes of Business Ethics and Conduct Policies are typically very generic in nature. Therefore they lend themselves to
Current Events
Report finds interagency contracts rife with inefficiencies By Robert Brodsky of Government Executive Billions of taxpayer dollars flow through interagency and enterprisewide contracts annually, but because of poor management and oversight, the federal government does not know for sure if those contracts are being implemented efficiently and effectively, according to
INSPIRATIONAL CORNER
It's worth whatever you may seem to give up or lose. If one must sacrifice integrity for anything or anyone, than it/they were not worth having. Trust me on this one. There is nothing I have lost that is material, nor anyone that has removed themselves from
Certifications - 8(a), SDB, DBE, WOB, VOB, SDVOB
Important information for both HUBZones are Other Competing Certification Firms The Small Business Act makes it mandatory, not optional, to give HUBZone companies a preference over other small businesses, a judge rules - by Matthew Weigelt of Washington Technology Mar 10, 2010 A federal judge has thrown a wrench into
Government Contracting Process
Why Unallowable G&A costs, excluded from the G&A Pool, SHOULD NOT be included in the G&A Base This issue has been brought to my attention more than once. Therefore, let’s address it openly, honestly, and with common sense. It is important for you
Cost and Pricing
INQUIRY Paul: I just reviewed part of your presentation to the audience at the American Legion. I have a concern. Your Indirect Costs include Fringe Benefits and Payroll Taxes. In my experience, if I have a clerk assigned to a particular contract, I classify that clerk’s wages, H&
Policies, Procedures, Internal Controls
Understanding the Intent and Letter of the law as it pertains to small prospective contractors accounting systems. Despite all of the various focus and opinions that are discussed on this topic, the following depicts my SME interpretation and preferred applicability of the current guidance and objectives to auditors, government procurement
Cost and Pricing
This is becoming an issue among our members so let’s address it. There are auditors that are saying it is not allowable. Some say to exclude out of the G&A Pool. Some say that the state taxes are to be included in the G&A base.
Cost and Pricing
Do you need them? Should they be documented? How do you start developing them? How detailed should they be? Yes you do need them and Yes you should move toward documentation! Everyone has them. That’s right, I said everyone has them. You see, your policies and procedures are simply
Current Events
The Veterans Affairs Department has set strict guidelines for bidding on contracts set-aside for veteran-owned small businesses. Entrepreneurs will be allowed only one company at a time in the contracting program and must work full time in the business, according to a final rule published on Monday in the Federal
Policies, Procedures, Internal Controls
INQUIRY: Can you tell me how long we need to keep Time sheet records? I have heard 4 yrs and several others. Not sure which is correct. Also expense reports? RESPONSE: There are General Guidelines but other factors pertaining to the specific contractor and even contract type may come into
