joint venture

Joint Venture 101: 12 Ways to Up Your GovCon Game

A joint venture can give your company the winning edge it needs in the competitive government contracting market. Combining resources with one or more firms can help you conquer current GovCon trends that challenge small businesses, including consolidated contracts (even across agencies) and large indefinite-delivery/indefinite-quantity (IDIQ) contracts and task orders. It can ...
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SCA compliance complexity

Compliance Complexity: How to Navigate the SCA to Your Best Advantage

The complexities of government contract compliance are a double-edged sword. On the one hand, it’s a challenge to sort out all the requirements that apply to a federal contract, from pre-bid to contract administration. All that effort brings a major benefit, though: Understanding your obligations also allows you to evaluate ...
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Incurred Cost Submissions

Incurred Cost Submissions – The Highlight of Summer Break

For many people, the month of June signifies family celebrations—weddings, graduations, reunions, Father’s Day. Although we don’t know precisely what June festivities will look like this year, there’s an important date your firm can’t let slip—the deadline for your incurred cost submission (ICS). If your cost-type or time and materials ...
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How to Build the Budget Your Business Needs to Profit

Be passionate about budgeting. We are. And that’s because your budget directly enhances your business’s decision-making power. It’s simple. You can’t exceed your company’s financial goals if you don’t know what they are. And you can’t understand your financial goals if you don’t build a budget. That’s why budgeting needs ...
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Follow the Money: 5 DOD Technology Priorities for 2020

They say you can read people’s priorities by how they spend their money. As a GovCon, you know that holds true for the federal government as well. The Department of Defense (DOD) budget brings good news if your firm does business in the defense technology research realm. Funding for Research, ...
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6 Ways Outsourcing Can Work for You – And How to Get the Most for Your Money

If you’re curious about how you might benefit from outsourcing, you’re not alone. Last year, 52% of small firms said they plan to outsource at least one business process. Outsourcing is defined as hiring an external third party to take on tasks and complete processes that would otherwise be done inhouse. The ...
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