Tag Archives: Level-3 compliant
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 »
Transparency in government will continue to be a hot topic for quite some time, especially as more stories continue to emerge of it helping executive departments and agencies become more efficient and of transparency helping to prevent fraudulent use of public funds.
Take for instance a recent article in Federal Computer Week that discussed transparency as being credited for preventing fraud from occurring with the Recovery Act of 2009. Earl Devaney, retired chairman of the Recovery and Accountability Board, highlighted… Read More »
Understanding the government’s acquisition process of goods and services can be confusing for many vendors. One area in particular is the multitude of programs vendors have access to, and understanding which ones hold the most benefit for the contractor.
Guy Timberlake, the co-founder of The American Small Business Coalition, wrote a great article that provided his personal experience and market intelligence on a couple of valuable programs: the GSA SmartPay program, and micropurchasing.
In the article, he discusses the benefits he… Read More »
Having a contract with the GSA Advantage comes with a multitude of benefits for suppliers. One major benefit is that the contract provides access to government customers who purchase the goods and services they need. This allows an opportunity for contractors to significantly increase sales.
To help cover such benefits, the GSA Advantage must rely on a fee to support the branch that negotiates all of its schedules. This fee, known as the Industrial Funding Fee (IFF), requires suppliers who are… Read More »
An excellent article recently published on Centre Knowledge, the official blog of a government consulting services firm Centre Consulting, discussed the regulatory and compliance hurdles contractors must overcome to remain ahead of the competition. The author, Eric S. Crusius, Esq. highlighted the importance of allocating more resources to government compliance and how this can lead to greater profits in the long run for contractors.
The author specifically speaks of two distinct areas of compliance with the Service Contract Act (SCA)… Read More »
A recent article in the Federal Times discussed some troubling concerns with the Defense Contract Audit Agency (DCAA) and its rising backlog of audits that can result in billions of dollars in un-audited defense contract costs.
From the article:
“The number of audits performed by the Defense Contract Audit Agency, which ensures that costs charged to the government by contractors are allowable and reasonable, has plummeted in recent years. Last year, the agency performed roughly a quarter the number of audits… Read More »