WrkPlan Blog

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  How to Manage Multiple Government Contracts Simultaneously with Accounting Software

  November 3rd, 2025

  For government contractors, managing multiple contracts at once can be overwhelming. Whether you’re dealing with Cost Plus Fixed Fee (CPFF), Time & Materials (T&M), or Fixed Price (FP) contracts, keeping track of costs, revenue, and project timelines requires precision and efficiency. For many contractors, juggling different contracts means dealing with complex billing structures, cost allocations, […]

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  Common Audits Performed by the Defense Contract Audit Agency (“DCAA”)

  November 4th, 2025

  DCAA Audits are significant events but not necessarily a cause for concern. Some audits, such as the Pre-Award Audit, are positive indicators, because it indicates that the contractor is in contention for a contract. There are three major types of DCAA audits you should prepare for: Pre-Award Audit: A sign that you’re in contention for […]

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  How to Stay Compliant with the Service Contract Act: A Guide for Government Contractors

  November 4th, 2025

  Winning a federal government contract is a major achievement, whether you stood out for your past performance, pricing strategy, or innovative solution.  If that contract is subject to the Service Contract Act of 1965 (SCA), your next challenge is even more critical: ensuring compliance. Designed to protect service workers on federal contracts, the SCA requires […]

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  The Complete Guide to DCAA-Compliant Timekeeping for Government Contractors

  November 4th, 2025

  Success in the federal contracting world isn’t just about winning bids—it’s about passing audits, proving accountability, and maintaining long-term eligibility. One of the most scrutinized aspects of any contract is labor cost reporting, which begins with timekeeping.   Whether you’re bidding on your first federal contract or preparing for a Defense Contract Audit Agency (DCAA) […]

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  Smarter Budgets, Stronger Bids: Using Forecasting Software to Win More Government Contracts

  November 4th, 2025

  Winning a government contract doesn’t begin with the proposal. It begins with the numbers behind it. Before a proposal ever reaches an agency desk, budget accuracy, cost visibility, and forecasting discipline have already decided whether your bid will be competitive or not.   For project-based businesses and government contractors, especially those pursuing Cost Plus Fixed […]