Government Contract Regulations History

The Role of Teaming Agreements in Government Contracting

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Teaming Agreements in Government Contracting

Government contracting is often a complex and multifaceted process that may require diverse skills, resources, and expertise. To address the diverse needs of government agencies, many contractors turn to teaming agreements. These agreements facilitate collaboration and synergy among contractors, enabling them to jointly pursue and execute government contracts. In this article, we explore the role […]

Small Business Strategies in Government Contracting

Small Business Set-Asides: Opportunities and Benefits

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Small Business Set-Asides

In the world of government contracting, small businesses often find themselves in competition with larger, more established firms. While the competition can be fierce, the government recognizes the importance of supporting small businesses and fostering economic growth. This recognition has led to small business set-aside programs that offer unique opportunities and benefits. In this article, […]

Accounting & Finance in Government Contracting

Tips for Winning Government Contracts: A Competitive Edge

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Winning Government Contracts

Government contracting offers numerous opportunities for businesses to provide goods and services to federal, state, and local agencies. However, securing these contracts is a highly competitive process, often requiring a combination of strategic planning, meticulous preparation, and an in-depth understanding of the government’s requirements. In this article, we will explore essential tips and strategies to […]

Government Contract Regulations History

Navigating Government Contracting Regulations: A Comprehensive Guide

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Federal Acquisition Regulation (FAR)

Government contracting can be a lucrative venture, offering businesses the opportunity to provide goods and services to federal, state, and local government agencies. However, the path to success in the government contracting arena is not without its challenges. Government contractors must adhere to a complex web of regulations and compliance standards, often varying from one […]

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The WrkPlan accounting app: Reports, access, and insights

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For users of accounting software, the ability to generate a wide range of financial reports – easily and quickly — is critical. Few such applications offer as many powerful reporting options as WrkPlan. This brief, three-part article examines some of its report capabilities. PART 1: POWERFUL REPORT GENERATION The WrkPlan accounting application tracks several key […]

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WrkPlan perspectives: Avoiding issues with DCAA compliance

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Some of the ongoing challenges of working in GovCon involve complying with and understanding federal government agency regulations. One of the agencies that commonly interacts with GovCon companies is the Defense Contract Audit Agency (DCAA). Headed by the Undersecretary of Defense, DCAA began operations in 1965 and remains a powerful presence today. Mission and purpose […]

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Preparing for DCAA Requirements in Your Accounting System

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Government Contracting is arguably one of the most regimented and regulated industries in the US. It would make sense that being regulated in such a way would cause the delineation between departments we often see in Government Contract holding companies. The one constant topic of discussion in GovCon, and our most favorite subject, is DCAA […]