Those celestial choirs heard singing from the heavens the last couple of weeks have been celebrating a federal fiscal year that started with many agencies appropriated. Now contractors who want to make the most of it have work to do. Larry Allen of Allen Federal Business Partners offered more insight on Federal Drive with Tom Temin.
Sometimes agency professionals, such as the people who write contracts, fail at the basics. For example, take including all of the elements that need to be in a contract. Even so, it’s often the hapless contractor that loses out. Procurement attorney Joe Petrillo, of Petrillo and Powell, joined Federal Drive with Tom Temin to discuss a recent case in point.
Ready to jump into the $450 billion government contracting space? Don’t make these key mistakes.
It’s no secret that the U.S. government is one of the largest buyers and sellers of goods and services in the world, leading to tremendous opportunity for companies that earn federal contracts. If you are a small business or startup you are in luck as the government sets aside contract requirements in favor of small and socio-economic enterprises. For example, in 2017 the government awarded 24 percent of federal contract dollars to small businesses totaling $105.7 billion.
With the right amount of planning, preparation and effective networking, small businesses can thrive in the federal contracting space, but there are some major mistakes or red flags to avoid.
There’s a lack of continuing resolutions from congress this year. With agencies getting reauthorized and actual budgets to work with, that means they can make buying decisions more easily. So how can contractors get the most out of a period of budget certainty? Larry Allen, president of Allen Federal Business Partners, joined Eric White on Federal Drive with Tom Temin to provide some tips.
In today’s Federal Newscast, the new rule revising progress payments and performance-based payment policies for defense contracts was said to have been released prematurely.
As the Navy is in the midst of releasing two huge IT contracts, the service wants industry to help it drill down on how it can best modernize its systems at a low price while still meeting legacy requirements.
The Navy released the first of two request for proposals for the multibillion dollar Next Generation Enterprise Network (N-GEN) Recompete program in September. The Navy expects to finalize the second proposal request in the next couple weeks. Navy Capt. Ben McNeal, program manager for Naval Enterprise Networks, said Monday that he has limited resources for modernization after patching enterprise systems for recent cybersecurity threats.
Navy acquisition chief James Geurts said he’s focusing on four core areas for the future of Navy procurement. OTAs, or other transaction authorities, play an important part in that. Federal News Radio’s Scott Maucione spoke with Geurts during the Modern Day Marine Military Expo in Quantico, Virginia. Hear the interview on Federal Drive with Tom Temin.