News and Events : PVBS Newsletter Archives
PVBS November 2011 Newsletter
- Indirect Rates: A Management Strategy for Success
From an October 25 webinar featuring Sam Davidson, Director, Government Contractor Services Group at Cherry, Bekaert & Holland.
Sam Davidson, Director, Government Contractor Services Group at Cherry, Bekaert & Holland, joined PVBS for a discussion on how government contractors could more effectively manage their indirect rate strategy. This is a critical topic for growing and emerging companies that provide services to the Federal Government. Some of the highlights of the webinar included discussions on (1) Equitable allocation of indirect costs to cost objectives, (2) Providing a management tool for resource investment and pricing decisions; and (3) Need for the indirect cost structure to mirror and not drive the operation.
Click here to register to download the webinar and associated PowerPoint presentation.
- Microsoft Commitment to the Government Contractor Market Continues to Grow
Lisa Malone is the Microsoft Dynamics Industry Market Development Manager for the Government Contractor market. In this interview, she talks about Microsoft and its strong commitment to the needs of government contractors and how its annual research & development investment of hundreds of millions of dollars ensures that government contractors get access to their superior ERP and business software solutions they demand.
Read the complete interview to learn about Microsoft’s commitment to bringing financial and business solutions to government contractors.
- Obama Administration Orders all Federal Agencies to Pay Small Government Contractors Faster
Bill Walter of accounting firm Dixon Hughes Goodman brought to our attention a memorandum by OMB Director Jack Lew about the Obama Administration’s order for federal agencies to pay small businesses faster to spur hiring and job growth. The Prompt Payment Act (PPA) generally requires an agency to pay its contractors within 30 days of receipt of relevant documents for goods and services have been received and accepted by the Federal Government. This memorandum outlines the Executive Branch policy that, to the full extent permitted by law, agencies shall make their payments to small business contractors as soon a practicable, with the goal of making payments within 15 days of such receipt.
Contact Bill at Bill.Walter@dhgllp.com for more information on this memorandum. Read the complete here.
- High-Performing Government Contractors Recognized at 9th Annual Greater Washington Government Contractor Award Event
The 9th Annual Greater Washington Government Contractor Awards lived up to its billing as the “Academy Awards of government contracting” last month, hosting a high-powered crowd of nearly 1,000 industry and government leaders. Some of the best-run and strongest government contractors in the market were recognized by the nominating committee, including a nice number of PVBS customers. Visit the GovCon Award site for a complete listing of the winners, and photos and videos of the event.
Read all about the winning companies here.
PVBS September 2011 Newsletter
- What You Need to Know About the DCAA Today
From an August 25 webinar featuring Bill Walter, Partner, Dixon Hughes Goodman Government Contract Consulting Services.
Bill Walter of accounting firm Dixon Hughes Goodman says that the three most important things to know about the DCAA presently are (1) DCAA hints about auditing incurred costs in plan for FY 2012; (2) The New Business Systems Rule; and (3) the Impact of DCAA staff turnover for contractors. In an exclusive webinar for government contractors hosted by PVBS, Mr. Walter discussed the above in detail.
Click here to register to download the webinar and associated PowerPoint presentation.
- Smart Financing Strategies for Government Contractors
By Jed Fochtman, Capital Advisors Corporation
Access to the right type of financing for operations and contracts will play an increasingly important role in the future for tomorrow's government contractors. Government contractors face unique challenges in today's marketplace with the federal budget tightening and increased competition on existing contracts. Larger federal government contractors need to acquire smaller contractors to enable them to increase revenues. Smaller government contractors need to innovate by developing new products and services at lower costs to remain competitive.
Read the complete article to learn about smart financing ideas that government contractors should consider as they grow.
- Crossing the Compliance Threshold When You Pass 50 Employees
By Bridget Pulivarti, Government Contracting Practice Director, Helios HR
Crossing the threshold of 50 employees brings a new layer of challenges to federal compliance and auditing for government contractors. The most cumbersome to manage are affirmative action programs (AAPs), which are established to protect specific classes of employees, including minorities and females (EO11246), the disabled (section 503 of the Rehabilitation Act), and veterans (VEVRAA). These programs are audited by the Office of Federal Contract Compliance Programs (OFCCP). The process can be overwhelming at first, but with good processes and systems in place, organizations can have successful compliance audits. Read the complete article here.
- Why Everyone is Running to the Cloud
By Teri Erickson, “The Cloud Chick”, New World Applications
Everyone’s talking about "the cloud." IDC predicts the public cloud market will hit $72.9 billion by 2015. Everyone says "Cloud," and some even mean it such as our partner PVBS who announced their Software as a Service (SaaS) in the cloud this week, but is everyone clear on exactly what “The Cloud” is? Thanks to NIST (National Institute of Standards in Technology), we have a definition: On-Demand access to resources, Broad Network Access, Resource Pooling, Rapid Elasticity, and Measured Service. In layman’s terms, you have shared resources that can be quickly accessed; those resources can be added and subtracted in short order; and that provision can be gauged.
Learn more about the Cloud by reading the rest of the article here.
- An Early Start Of Specialized Due Diligence Is Key To Successful M&A Transactions Involving Government Contractors
By Rand L. Allen, Daniel P. Graham, Kay Tatum and Jeremy Schofer, Wiley Rein LLP.
Companies involved in a transaction involving government contracts know that getting an early start at due diligence is critical. It is also important to have government contracts counsel involved in early stages of negotiating the purchase agreement, to draft and negotiate provisions in the purchase agreement that address the unique risks of doing business with the federal government. If the principal value of a business comes from its government contracts, contract provisions in the purchase agreement relating to those contracts must be negotiated simultaneously with other key provisions determining the allocation between the parties of the risks and rewards of owning and operating the business – such provisions as purchase price, survival of representations and warranties, and indemnification. Read the entire article here.
PVBS July 2011 Newsletter
PVBS May 2011 Newsletter
PVBS December 2010 Newsletter
PVBS June/July 2010 Newsletter
PVBS May 2010 Newsletter
PVBS March/April 2010 Newsletter
PVBS January/February 2010 Newsletter
PVBS September 2009 Newsletter
PVBS August 2009 Newsletter
PVBS July 2009 Newsletter
PVBS June 2009 Newsletter
PVBS April/May 2009 Newsletter
PVBS February/March 2009 Newsletter
PVBS January 2009 Newsletter
PVBS December 2008 Newsletter
- Microsoft and PVBS Continue to Invest in Government Contractor Financial Management Software
- Microsoft Government Contractor Summit at Fairview Park Marriott on December 11
- Washington Technology Focuses on Microsoft's Government Contractor Success
- EAGLE EYE: Doing Business with the Justice Department
- $10B in Norfolk BRAC Contracts Up for Grabs
- Three Things Oberon Did to Earn its $167 Million Price Tag
- Awards Fees: What's All the Confusion?
- Negotiation and Government Contracting
- Changes in Ownership in 8(A) Firms
- CRM Plus Financial Management Software Gives Government Contractors a Competitive Edge
- Go Beyond Your Reports to Manage Your Business
- CRM Helps Government Contractors Win More Business
- DOD Orders Steps to Verify Procurement Data
- CRM Plus Financial Management Software Gives Government Contractors a Competitive Edge
- Go Beyond Your Reports to Manage Your Business
- CRM Helps Government Contractors Win More Business
- DOD Orders Steps to Verify Procurement Data
- Government Contractor M&A Market Still Robust, says BB&T's Knop
- Strategies to Help Prepare for Credit Market Changes
- House Votes Broad Contracting Changes that Will Impact Sole-Source and Cost-Plus Contracts
- SmartPay and SmartPay2 Make it Easier for Agencies to Buy
- Q&A with HHB's Sherry Craighill
- Government & Corporate Purchase Card Acceptance on the Rise
- Strategic Alternatives for Contractors in Tough Times
- Government vs. Commercial Contracting Issues
- New Government Reseller Seminar Launched
