According to an article in Government Executive, the Obama administration is instructing federal agencies to begin preparing their fiscal 2014 budget requests assuming a 5 percent cut in discretionary spending.
Acting Budget Director Jeffrey Zients in a memo to agency heads said the coming spending plan will build on the Budget Control Act and the fiscal 2013 document’s framework and, hence, “must continue to cut lower-priority spending in order to Continue reading »
Icy government spending conditions might make it feel like federal contract money is melting and disappearing into the ocean, but the only things growing in Antarctica are federal contract and grant opportunities.
Antarctica might be too cold even for (much) snow but it is not too cold for millions of federal dollars. Each year, the National Science Foundation finances researchers who temporarily inhabit the frozen southern continent, exploring the deep ends of the planet and the universe.
The U.S. presence in Antarctica began with regular U.S. Navy visits and settlements in the 1950s. Today, almost 3,000 scientists and support personnel Continue reading »
Although the White House and others in Congress have been trying to devise a method of capping contractor pay, the Office of Federal Procurement Policy (OFPP), per statute, raised the reimbursable compensation limit on the top 5 highest paid executives. Per Federal Register, Vol. 77, No. 78, the compensation limit was raised to $763,029 for compensation earned in FY 2011 and subsequent periods, until revised. This is an increase of nearly 10% over the previous limit.
It is important to note the Continue reading »
As reported in the Federal Times, Austin, Texas — DoD Contractors will be asked to provide more information about costs when bidding on contracts as the Defense Department looks for more “cost-conscious” contractors, said Shay Assad, the department’s pricing policy chief.
Contracting officers are being told to analyze more thoroughly the costs companies propose and to justify the contract decisions they make, Shay Assad told about 250 federal and private-sector contract managers at the National Contract Management Association aerospace and defense conference here. Continue reading »
- Overall pool of available dollars for discretionary spending is down 4%.
- There are a few growth sectors – Energy/Conservation, Budget Streamline Processes for the Government; Healthcare; and, of course, Cyber.
- In general, it appears that, although growth has slowed and the amount of negative growth has doubled for contractors, profit margins have increased on a year-to-year basis, Continue reading »
Listen to Deltek’s Ray Bjorklund, Kevin Plexico and Deniece Peterson as they give their first impressions of the President’s FY 2013 Budget request and preview the FY2013 Federal Budget Request: Insights and Implications report to be released February 2012. This webinar will provide insight into the Obama Administration’s FY2013 budget request and the information technology trends that will drive fiscal 2013 federal spending. Continue reading »
Currently certain federal government contracts permit government contracting firms to bill executive compensation federal agencies up to $693,951 annually for incurred costs, including employee salaries.
In December 2012, lawmakers voted to expand the cap at most agencies to cover all government contractors, including highly-skilled engineers and scientists that also earn top pay.
On December 21, 2011 Congress has presented the National Defense Authorization Act for Fiscal Year 2012 (“Act”) to the President. This act is the annual bill which establishes the budget and activities for the Department of Defense. While there are some highly controversial topics within the bill, namely the detention of terrorism suspects, there are several key provisions which directly impact Government contractors.
The key provisions we are concerned with are: Continue reading »
In a recent OMB blog posting by Dan Gordon, Office of Federal Procurement Policy Administrator, he noted the Federal Government, as part of the Campaign to Cut Waste, will ensure all agencies are “fully equipped to suspend or debar contractors and other recipients whenever necessary to protect the government’s interest.” Agencies must assess their current suspension and a debarment program to ensure the Excluded Parties List System (“EPLS”) is checked prior to the award of contracts, along with other processes. Continue reading »
Who Pays for the Government’s Data? GSA Implements Level III Data Requirement into Hardware Superstore Schedule
Federal contractors are caught in the midst of an unparalleled period of mandatory reporting as the transparency wave continues to bring a flood of contractor-provided information into government databases. Such initiatives include mandatory disclosures, executive compensation reporting, FAPIIS, fSRS, e-Verify, and federalreporting.gov – just to name a few. Many of the requirements contained in these regulations are onerous and impose significant administrative and financial burdens to contractors, after all, data isn’t free. Now GSA is taking information-gathering to a new level…a pilot program in the Hardware Superstore (HSS) Schedule requires contractors holding certain SINs to be able to capture and provide line-item level sales data to the government telling them what they bought. Continue reading »
What We Are Writing
- A Marriage of Inconvenience: GSA Schedule Contracts & The Contractor Code of Business Ethics & Conduct Clause
- Emerging Small Businesses: To Grow Your Business, You Must Plan For Growth
- Government Contracting: Look Before You Leap!
- GSA Schedules – Strategies for Success
- New Employee vs. Independent Contractor Considerations
- Pay on Display – Understanding the Executive Compensation and Subcontractor Data Reporting Requirements & Ramifications
- The GSA Schedule: Your Ticket to the Federal Market (May 2010)
- The New FAR Codes of Conduct and Compliance Program Provisions
- The Seven Deadly Sins (of contract compliance)