The General Services Administration has not wasted time getting to a big assignment: Building a governmentwide e-commerce portal. The idea was called for in the 2018 National Defense Authorization Act. Larry Allen, president of Allen Federal Business Partners, joined Federal Drive with Tom Temin to discuss the highlights of a recent industry day.
Online retail has been booming, with consumers flocking to the Internet to shop for almost anything. Online retail revenues in the U.S. would reach a projected US$445 billion in 2017 and jump to $600 billion by 2020, according to a report FTI Consulting released last fall.
Government contractors hunkered down on Monday and hoped the shutdown would remain short with minimal impact on their business.
One CEO is left grappling with a market that’s still far too lacking in focus despite reports of optimism based on the Trump administration’s defense spending priorities.
The HUBZone program has received its fair share of coverage on our blog, from recommended changes in the 35% employee-location requirement to SBA regulatory updates to the program. Well, the HUBZone program is once again undergoing some changes thanks to the 2018 National Defense Authorization Act–but note that these changes are not effective until January 1, 2020.
Everyone can agree that professional employees should be compensated fairly and properly—both for the benefit of the employees and to ensure successful contract performance. However, a recent GAO decision could provide a loophole for agencies to forego the very evaluation designed to ensure that fair and proper compensation.
There are tons of valuable government contracting events in the DC metro area, from networking happy hours to training seminars to opportunity overviews. We narrowed down the top 5 that we think you should attend in the upcoming weeks.
Most prime contractors include one or more subcontractors in their proposals to the Government. For solicitations issued pursuant to FAR Part 15, 15.404-3(b) requires the prime contractor to conduct appropriate cost and price analysis to establish the reasonableness of the price and to include the results of these analyses in the cost proposal. Cost analysis involves reviewing each cost element, (i.e. for labor the direct labor rate, escalation, indirect rates and profit) to determine if each element is reasonable and ties to the contractor’s accounting records. As this information is highly proprietary, most subcontractors provide the prime contractor with a sanitized proposal consisting of only the fully burdened labor rates and include their cost or pricing data in a sealed package for audit by the government.
Government contractors are often overlooked when it comes to the threat of a government shutdown. And as the most current threat becomes more and more real, many are waiting for guidance from their agency customers.
Regardless of the budget situation, the government has to spend a lot of money just to keep going. Modernizing systems, adding digital services, consolidating data centers, all require contracting. Matt Hummer, director of analytics and professional services at Govini joined Federal Drive with Tom Temin with a look at some of the top vehicles to watch this year.