Government Contracting
Government Contracting can be a complex process with many challenges. When it comes to Procurement issues, even the savviest of companies can need help navigating the aggressive environment, applicable laws, policy, and regulations. From the initial Request for Proposal (RFP) to the Period of Performance of the prime contract, these are pitfalls companies need to understand. The breadth of specialized Government Contracting enables our experts to provide the services clients need to succeed. We support industries such as Defense, Manufacturing, Nuclear Energy, Professional Services, and Software.
Challenges of Government Contracting
Government contracting is an environment that requires strict oversight across all business operations. The most common issues are found in all size companies.
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Prime Contractors must be able to offer modern IT services and solutions to internal and external customers. Advanced technologies such as automation, cloud storage, and cybersecurity must be factored into company operations.
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The Federal Acquisition Regulation (FAR) is the primary set of regulations in Federal Procurement. Compliance with the FAR is the key to avoiding consequences like contract loss, termination of a prime contract, legal action, or financial consequences.
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Companies must meet industry needs. The cost to Prime Contractors can be found in Research and Development (R&D), testing and implementation. The government may provide incentives through tax deductions that may offset some of these costs, but government contractors still must pay for the cost of innovation.
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Companies need expert guidance in Government Contracting when submitting a competitive bid or proposal. The losing contractor could file a protest because they believe the bidding process was flawed or the winning contractor wasn’t qualified.