Government Contracting

One thing that is certain in these uncertain times is that the Department of Defense (DoD) is moving forward with its plans for Cybersecurity Maturity Model Certification (CMMC). Though the onset of COVID-19 has somewhat slowed assessment program efforts, the goal to protect Federal Contract Information (FCI) and Controlled Unclassified Information (CUI) remains intact. Explore how cloud service providers can be an important step with helping fulfill CMMC requirements.

Evaluating the capacity of internal systems generally isn’t the number one to-do item for government contractors while managing a period of dynamic growth. Often times it’s not number two or even number 10. However, if a firm is relying on generic, mass-market solutions, such as QuickBooks®, for accounting and overall business management, as workloads increase, likely so do the problems. The time to pop the hood and review how a solution is truly performing is now before the first “check engine” light comes on.

Generic, out-of-the-box solutions, like QuickBooks^®, are a common place to start for many small businesses managing government contracts. Though these solutions can hold small government contracting firms together initially, in the long run, vulnerabilities inevitably emerge that can put government contractors at significant risk. Specifically, what are the top accounting challenges that can impact a small firm’s day-to-day, and what are the answers they need to help keep the government as their client?

Government contractors are starting to see audit notifications from the Defense Contract Audit Agency (DCAA) as they enforce new accounting system compliance requirements. What can firms expect from these audits, when will they be informed and how can they best prepare? Partner expert Baker Tilly helps fill in a few blanks on the new rules of the road.

For government contractors that have a pending contract award, or are considering bidding on a contract with the Department of Defense (DoD), the department’s new Integrated Program Management Reporting (IPMR) requirement is a significant change in earned value management (EVM) reporting. Deltek expert partner BDO provides some answers to topline questions about Integrated Program Management Data Analysis Report (IPMDAR) and keeping compliant.

The stakes are higher than ever before in today’s procurement environment and bid protests have become a valuable tool for government contractors seeking additional contract award opportunities. Understanding what to do when filing a protest is important, but so is understanding what not to do. Get perspective from an experienced government contracting attorney on the most common mistakes, misconceptions and myths regarding bid protests.

Whether you are taking your first steps as a government contractor or have a Ph.D. in RFPs (request for proposals), chances are some of the first agency acronyms you filed away for future work are FAR (Federal Acquisition Regulation) and CAS (Cost Accounting Standards). Peek behind the curtain for each to gain some important compliance readiness tips and resources.

Compliance was the hottest blog topic for 2019. Look back at some of Deltek’s most reviewed posts, covering everything from Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA) audits, procurement software benefits and FAR and GSA compliance to better understand the compliance rules of engagement for 2020.

The 2020 Deltek Clarity Government Contracting Survey is now open! See why the survey is important, how your experience and expertise will inform the final Clarity Study and what to expect as a participant.

The bad news: government contracting firms will eventually face business disruptions. They could come in the form of cyber event/attack, government shutdown, natural disaster or the loss of a key executive. The good news: building solid business continuity and disaster recovery plans can start today with four key steps.