What Government Contractors Should Know About Revocable Trusts

By Karen Long

Recently I had a chance to interview Katherine David, an attorney at the law firm of David, Brody & Dondershine, LLP, which is located in Reston, Virginia. I interviewed Katherine about the ability of Government Contractors to transfer their certified small businesses to their revocable trusts. Karen: Can a certified small business owner transfer their …

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How to Prepare for a Recompete from a Contract Manager’s Perspective

By Karen Long

Approximately two years before the end of a contract, your company should begin preparing for the Re-Compete. There are several tasks that should and can be done in advance of the solicitation being released. These activities include reviewing lessons learned, debriefings, contract growth and history, work to be performed, and business size status (if applicable). …

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What You May Not Know About GSA Schedules

By Karen Long

As part of my required continuing education, I recently attended a workshop at Public Contracting Institute (PCI) presented by Larry Allen of Allen Federal Business Partners. It was a good reminder of some key points about GSA Schedules and, as always, I learned a few things. GSA Schedule Sales Overall, GSA schedule sales in FY …

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What is the Difference Between Contract Administration and Contract Management?

By Karen Long

Many people use Contract Administration (CA) and Contract Management (CM) interchangeably.  However, in my opinion, they are very different.  There is not necessarily a correlation between the title of Contracts Administrator and Contracts Manager.  Titles are simply titles.  I am referring to someone’s skill level and how he/she performs his/her job.  CA is reviewing a …

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When and Why to Contact a Contracts Professional

By Karen Long

Your company is currently a Government Contractor or Subcontractor and needs to review a Contract or Subcontract. When you are a subcontractor, a Contracts Professional can help you negotiate and clearly define reasonable terms and conditions including payment terms, non-solicitation of customer, delineation of SOW, etc. The nuances of the language incorporated and what is …

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Recently Asked Questions

By Karen Long

I am sharing some of the Recently Asked Questions that I have received from clients and other consultants. Perhaps you have the same questions. Question: Is it appropriate to include a 1099/consultant (without being an LLC nor being incorporated) using a Social Security Number for our Small Business Subcontract reporting in System for Award Management …

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Subcontractor, Independent Consultant, or Employee? What is the difference?

By Karen Long

I often hear my clients or other Government Contractors use “Subcontractor” and “Independent Consultant” interchangeably; however, they are not synonymous. Sometimes I hear Independent Consultants being referred to as “1099s”, which is a misnomer because 1099s shall be issued to both unless the Subcontractor is an S or C Corporation. An individual may be working …

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Does Your Company Have Government Reports Due in October? Check Your Contracts.

By Karen Long

‘Tis the season of new Government Contract Awards! It’s also the month where there are many Government Contract Reports due either to the Prime or Government. Here are three of the more common contract requirements, their purposes, and why they’re important to the Government. Electronic Subcontracting Reporting System (eSRS) – FAR 52.219-9 – The Government …

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How to Maintain a New Hire’s Enthusiasm

By Karen Long

P.S. This can raise your bottom line The HR Department works hard to find superb candidates and conveys the benefits, bonuses, positive culture, career growth, etc. of working for ABC Company. The HR Representative offers the best candidate a position; and the candidate accepts and signs the offer letter. While some may view this as …

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Reminder-Reporting due to Federal Government by October 31

By Karen Long

October 31 is the deadline to report to the Federal Government for Service Contracts and Subcontracting Goals., if applicable. This article focuses on Service Contract Reporting. For more information on reporting Subcontractor Goals, go to www.esrs.gov. WHAT: For FY 2015, reporting is required according to the following thresholds (see FAR 4.1703). • All cost-reimbursement, time-and-materials, …

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