When most people hear the word “audit”, they think of “accounting”. However, it is important to remember that companies can be audited by the Government for labor category qualifications for Time and Materials (T&M) contracts. If the employee does not qualify for a labor category, the company will have to reimburse the Government for the […]
Labor Category Audit Read More »
Q: In the RFP, it says that a company without past performance will be given a “neutral rating”. How does this translate into the evaluation score? A: If a company is given a neutral rating for a technical factor, the company’s score is based on fewer factors (e.g. 4 factors instead of 5). The reason
Subs and Primes: Answers to Your Pre-Award and Post-Award Questions Read More »
I have previously mentioned “Lessons Learned” under “Business Development Quick Tips and Reminders”, which is essentially an internal debriefing. Therefore, in this blog I am covering external debriefings, aka debriefings with the Government, FAR 15.506. Regardless of whether you win or lose, I recommend requesting a debriefing with the Government. If you lose, you can
Debriefings-The Information Offerors are Entitled (and not Entitled) Read More »
Recently, we prepared an Estimate at Completion (EAC) for one of Streamline’s clients for a Firm Fixed Price (FFP) contract. This is a service we recommend and provide to companies to project and see whether they are performing on-target, under-performing, or over-performing financially. For those who are new to Government Contracts or are not involved
How to Maximize Profit on Firm Fixed Price (FFP) Service Contracts Read More »
Today I am including questions that I am frequently asked along with the answers. Q: Is there risk in beginning work on a contract that has an error or information missing? A: Yes, because beginning work constitutes acceptance of the contract. The safest response is to wait until all corrections are made before starting work.
How to Protect Your Company: Best Practices Read More »
1. Be careful when using descriptive marketing pieces (e.g. glossy brochures) in your proposal because it could contradict what your proposal states. For example, if the solicitation instructions say to state that the proposal should be valid for 180 days and the marketing piece says “Price subject to change.”, the Government may determine that the
How to Avoid Possible Proposal Pitfalls Read More »
1. Scenario: A competitive solicitation is released as a small-business set-aside, specifically as a Woman-Owned Small Business (WOSB). The Government does not receive any proposals. Question: Will the solicitation be released as full and open? Answer: If the Government has done the required market research and the research showed that the Government should expect to receive at least
Small Business: Questions and Answers Read More »
There are advantages to utilizing a Contracts Manager (CM). However, there are also situations when the best advice is to call a lawyer. Below are examples of both: Advantages to Using a Contracts Manager (CM): CMs can save your company money! They can negotiate subcontracts and teaming agreements (TAs) in a more cost-effective manner than
Advantages of Utilizing a Contracts Manager and When to Contact an Attorney Read More »
I recently went to an Appropriation Law Seminar and thought you might find this information useful. • For Procurement purposes, you can check whitehouse.gov/omb/budget to find out about the President’s budget for the current fiscal year. (Most of the Government websites reflect previous fiscal years.) • An appropriation, budget authority to incur an obligation, can be for
Government Spending and Contract Funding: Did you know…? Read More »
I was fortunate enough to be able to interview Steve Britt, Partner & Director of Cybersecurity at Berenzweig Leonard LLP located in Tysons Corner, Virginia. Steve has extensive experience in the cybersecurity area. If you have questions on this topic, please contact Steve directly at sbritt@berenzweiglaw.com or 703.570.8010. Karen: Steve, tell us a bit about
DoD Cybersecurity Regulation – What Happens Next? Read More »