Federal Gov't Contracts Archives - Page 2 of 3 - Streamline Government Contracts, LLC

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

Federal Gov't Contracts, Government Contract Reporting

‘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

Contractor Performance, Federal Gov't Contracts, Profitability

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 their 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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How to Influence Your CPARS Rating Positively and More

Federal Gov't Contracts, Lessons Learned

These are a few questions I have received from my clients that I thought may be useful to others. Question: It seems like my CPARS (Contractor Performance Assessment Reporting System) is based on what is happening on the project at the moment instead of the entire year. In fact, sometimes it seems like the CPARS

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How to Optimize Your Company’s Technical Team on Labor Contracts

Best Practices, Federal Gov't Contracts

As the Government Fiscal Year comes to a close, many new contract awards will be issued and option periods exercised. One way to optimize your Technical (aka Direct Labor) Team for each Government Services Contract: Hold an Internal Contracts Kick-Off meeting upon award or Option Period Kick-Off (if applicable). Prior to the meeting, establish a

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Why I Like Federal Government Contracting

Federal Gov't Contracts

When I tell people that I find working on Federal Government Contracts rewarding, I often get puzzled expressions. In the past having worked primarily for small and mid-size Government Contractors, I identify and root for them. To me, small businesses are the underdogs of the world. It’s satisfying to see a small business experience the

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Why One Village Member Alone Cannot Optimally Execute a Federal Contract

Federal Gov't Contracts, Government Contractors

I have heard many companies and organizations say that a particular Project Manager or Technical Lead can effectively execute a Federal Contract. Although the term “flawlessly” was not used, it was implied. Similarly, a client recently said that I can solve all of their contractual issues. While this is flattering, one person or Department cannot

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Why Meeting the Financial Forecast is Not Good Enough

Best Practices, Federal Gov't Contracts

If your company is meeting its forecast and running as effectively as possible, then you don’t need to read any further. However, this would infer that your company is perfect; and I don’t believe a perfect company exists. Why is meeting a forecast “not good enough”? Unless your company is doing everything “right” and there’s

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How to Maximize Profit on Firm Fixed Price (FFP) Service Contracts

Federal Gov't Contracts, Firm Fixed Pricing

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

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How to Protect Your Company: Best Practices

Best Practices, Federal Gov't Contracts

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.

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How to Avoid Possible Proposal Pitfalls

Federal Gov't Contracts, Government Contractors, Proposals

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

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Federal Gov’t Contracts