Remove Accountability Remove Distribution Remove Government Contracts
article thumbnail

How Do I Get Government Contracts: A Practical Guide

Select GCR

How do I get government contracts? Key Takeaways Government contracts offer significant growth opportunities for small businesses, with federal agencies allocating at least 23% of contracting dollars to small businesses annually. government promotes economic growth and job creation.

article thumbnail

NAICS Code Appeal: OHA Says Agency’s Assignment of Code Doesn’t Have to be Perfect

SmallGovCon

For code 561210 to be applicable, the work must fall within at least three different NAICS industries, and no single NAICS code may account for 50% of the work described. Even though the RFQ described services within the definition of NAICS code 238220, Dellew failed to prove NAICS code 238220 accounted for a majority of the contract value.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cost Accounting Standards - What Contractors Need to Know

Capital Edge Consulting

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. Inadequate recordkeeping can lead to low rankings in an audit or even worse: loss of contract.

article thumbnail

Cost Accounting Standards Guide and CAS Requirements for Government Contractors

Capital Edge Consulting

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. Inadequate recordkeeping can lead to low rankings in an audit or even worse: loss of contract.

article thumbnail

Application of Cost Accounting Standards to Indefinite Delivery Vehicles

Capital Edge Consulting

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. Inadequate recordkeeping can lead to low rankings in an audit or even worse: loss of contract.

article thumbnail

Federal Contract Awards Hit $773.68B in FY24, Small Businesses See $4B Increase

GovSpend

As we begin the second quarter of the federal Fiscal Year 2025 (FY25), we find ourselves amidst changes that will impact federal contracting in numerous ways. However, this is also the time to review and analyze the federal governments contract awards for the previous fiscal year (FY24), which ended on September 30, 2024.

article thumbnail

Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts

Capital Edge Consulting

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. Inadequate recordkeeping can lead to low rankings in an audit or even worse: loss of contract.

Price 52