Which Parts of the Federal Acquisition Regulation Matter to Small Businesses?
The Federal Acquisition Regulation, otherwise known as the FAR, is massive. It contains 52 parts, which detail how government officials write the solicitations and the contracts. However, there is one part of the Federal Acquisition Regulation that is written and pertains to Government Contractors. Please make sure you stay till the end so that you, […]
What Contracts Are Used in Government Contracting?
In this video, I will be discussing seven different types of contracts used in government contracting. I will also be providing the Federal Acquisition Regulation (FAR) reference for your information. Now, if you are new to the government contracting world, then you need to know that the FAR is the primary regulation used by executive […]
Key To Winning Contracts – Wrap Rates
We are going to continue our accounting series by discussing wrap rates. No, I am not talking about wrapping a car. Before we go any further, I must tell you I am not an expert in this field. All I can do is explain wrap rates as they were explained to me a long time […]
Top MISTAKE Gov’t Contractors Make
The number one mistake that new government contractors make is not having a plan. It is tough to break into this market. The best way to do so is to have a plan. Now, I am not talking about a set-aside here. I am talking about a plan on how you believe you can break […]
GC Trends – Service Disabled Veteran Owned Small Business (SDVOSB)
It is always interesting to review the trends in government contracting. Service-Disabled Veteran-Owned Small Business (SDVOSB) trends surprised me. But before I spoil the blog let’s look at total contracting dollars spent over the last decade. I started by computing the average contracting dollars spent over the last decade. Please refer to the chart labeled […]