Government Contracts

One crucial aspect of government contracting is the preparation and submission of incurred cost proposals. Whether you’re a new, current, or potential government contractor, understanding how to complete and submit these proposals is essential. Below, we’ll address frequently asked questions about the incurred cost proposal process, equipping you to navigate it successfully.

Businesses that work with the federal government must meet a wide range of strict requirements in order to win and keep government contracts. The complexity of the many laws and regulations that accompany government contracts can be daunting, but with the right support, it doesn’t have to be. Once you’ve learned the ropes, you’ll be

The Defense Contract Audit Agency (DCAA) has specific requirements for accounting and accounting software for government contractors. These requirements are designed to ensure that government contracts are administered in a transparent, accurate, and accountable manner. To pass audits and follow DCAA regulations, it is critical that government contractors use accounting software that can be set

For small businesses that contract with the federal government, navigating the complex landscape of compliance and regulations can be a daunting task. But fully understanding and following these regulations and processes is critical for winning and successfully executing government contracts. For many contractors, this starts with the DCAA Preaward Survey process. The government uses this

The process of winning and fulfilling your first government contract can be daunting. While working as a contractor or subcontractor for the federal government can open up significant opportunities for small business owners, the laws and regulations that govern the process can feel confusing to navigate, especially for those new to the process. But with

Businesses with government contracts are beholden to regulations put forth by the Defense Contract Audit Agency (DCAA), which are expansive and include specific requirements for accounting and timekeeping. DCAA-compliant timekeeping requires that businesses demonstrate thorough daily time tracking, keep precise records with an audit trail for all charges, include extensive reporting, and more. Following DCAA-compliant

The United States Federal Government is the largest purchaser of goods and services worldwide. And since its purchases are taxpayer-funded, the U.S. government has stringent accounting standards, policies, and regulations in place designed to safeguard the interests of taxpayers. All government contractors are required by law to ensure that their accounting practices are fully compliant

The biggest customer in the world is the United States government, which purchases goods and services across nearly every industry imaginable. And by law, the U.S. government is required to provide opportunities to small businesses to bid on government contracts. Government contracting, therefore, can be a lucrative opportunity for small businesses. But the process of

The Standard Form 1408 (SF 1408), Preaward Survey of Prospective Contractor (Accounting System) is a document used by the United States Federal Government to determine a potential contractor’s ability to meet a contract’s accounting requirements. Incorrectly completing the SF 1408 can result in your bid being rejected and other potential penalties, so it’s important to

Is your business hoping to learn how to win government contracts? The process can seem complex and daunting, but with the right approach, including a focus on compliance, your business can increase its chances of success in the government contracting market. We’ll discuss the steps your business can take to win government contracts, from registering