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Tag Archives: Government Charge Card

Thursday, DEC 19 – Joint Ventures, Teaming & Sub-Contracting in Govt Event

Jennifer Schaus & Associates
Presents:
Gov Con 411 Series – Actionable INFO for GovCons – 12/19/2013 – Teaming

 

Thursday, DEC 19 – Joint Ventures, Teaming & Sub-Contracting in Govt 

730am – 11am @ Clark Construction, MD

Panel discussion with experts on obtaining teaming agreements, Joint Ventures & Sub-Contracting, companies with success stories from the field.  Discussion, Q&A, Networking.

Ticket Required In Advance:  https://govcon411-12192013.eventbrite.com 

Thursday, DEC 12 – SBA 8a Small Businesses in Govt Contracting Event

Jennifer Schaus & Associates
Presents:
Gov Con 411 Series – Actionable INFO for GovCons – 12/12/2013 – SBA 8A Cert

 

Thursday, DEC 12 – SBA 8a Small Businesses in Govt Contracting

730am – 11am @ Clark Construction, MD

Panel discussion with experts on obtaining the SBA 8a Certification, companies with 8a success stories from the field.  Discussion, Q&A, Networking.

Ticket Required In Advance:  https://govcon411-12122013.eventbrite.com

Monday, DEC 9 – Govt Contractors Kennedy Center HOLIDAY Event

Jennifer Schaus & Associates
Presents:
Govt Contractors 2013 Holiday Event 12/9 – KENNEDY CENTER, Washington DC

 

Monday, DEC 9 – Govt Contractors Kennedy Center HOLIDAY Event

5pm – 730pm @ The JF Kennedy Center, DC

Networking and holiday celebration for govt, govt contractors, govt relations. All business professionals are welcome.

Ticket Required In Advance:  https://govconholiday2013.eventbrite.com 

Thursday, DEC 5 – SDVO & Veterans in Govt Contracting Event

Jennifer Schaus & Associates

Presents:
Gov Con 411 Series – Actionable INFO for GovCons – 12/5/2013 Veteran & SDVO
Thursday, December 5, 2013 from 7:30 AM to 11:00 AM (EST)

Bethesda, MD

 

 

Thursday, DEC 5 –  SDVO & Veterans in Govt Contracting

730am – 11am @ Clark Construction, MD

Panel discussion with experts on obtaining the Veteran Certification, companies with SDVO success stories from the field.  Discussion, Q&A, Networking.

Ticket Required In Advance: https://govcon411-12052013.eventbrite.com 

Monday, NOV 25 – Gov-ART-ment Networking Event

 

 Jennifer Schaus & Associates

Presents - Gov-ART-ment Networking
Monday, November 25, 2013 from 6:00 PM to 8:00 PM (EST)

Washington, D.C., DC

 

6pm – 8pm  @ AARON Gallery, DC

Govt, Govt contractors, Govt relations Networking event at an art gallery.  All business professionals are welcome.

Ticket Required In Advance:  https://www.eventbrite.com/e/gov-art-ment-gwac-exclusive-networking-event-tickets-9021181597 

 

FTSWPA’s Technology Reduces Contractors’ Card Processing Fees

With the many challenges facing contractors today, it’s no wonder that they have relied on their banks to set-up their credit card processing. Unfortunately these bank processors are ill-equipped to properly manage this level of Business-to-Business (B2B) processing.  It is regrettable that many in the contracting industry are unaware of the advantages that correct processing solutions can present.

Financial Transaction Services primary focus in our partnership with contractors is the education of their decision makers and hands–on employees on using the… Read More »

GSA SmartPay Usage Is Down – How Is It Affecting You?

Recently, Mark Amtower showed the statistics in the decrease of spending in the GSA SmartPay program.  Spending dropped approximately 3 billion dollars and 20,000 transactions in FY 2012 compared to FY2011.  Are you suffering from lowering buying from the government?  If so, how do you offset this?  It’s time to look at your expenses.  The first place to look is at your credit card processing expenses.

As discussed extensively in this blog, providing level 3 data can reduce your expenses… Read More »

Government Contractor Lending Programs: Another Arrow in the Quiver for Banks

Many banks, especially in the Washington, DC area, have developed special programs for lending to federal contractors.  These include Virginia Commerce Bank, John Marshall Bank, First Virginia Community Bank, Capital Bank, Virginia Heritage Bank, Sandy Spring Bank, Xenith Bank, United Bank, Access National Bank, Cardinal Bank, Bank of Georgetown, and Freedom Bank of Virginia.  These institutions understand that working with businesses that have the government as their main customer requires specialized knowledge and expertise.

Washington Technology had an article about one… Read More »

Government Charge Card Abuse Prevention Act Finally Passed

In previous posts, we have mentioned that a new law was in the works that would require federal agencies to put new safeguards and controls on government charge card use by federal employees.  As Jack Moore of Federal News Radio reports, the Government Charge Card Abuse Prevention Act of 2012 was signed into law on October 5th, and agencies will now face stricter rules for issuing and tracking government charge cards.  The legislation was introduced by Sen…. Read More »

The Confusion Behind Level 3 (Part 2)

In an earlier article, I wrote about how the cost of processing a credit card (the interchange) is dependent on multiple factors such as the type of card issued, how it is processed, and the type of business that it is used in. Taking the data that is required a step farther, below is a summary of the required data elements that make up all levels of processing:

LINE ITEM DATA

LEVEL 1

LEVEL 2

LEVEL 3

Merchant Name

X

X

Read More »