Indirect Rates
CB&H’s Sam Davidson Featured in Upcoming Webinar on Indirect Rates
Sam Davidson , Director, Government Contractor Services Group at Cherry, Bekaert & Holland, will join Pleasant Valley Business Solutions for a discussion on how to more effectively manage your indirect rate strategy. This is a critical topic for growing and emerging companies that provide services to the Federal Government. INDIRECT RATES: A Management Tool for Success for Growing and Emerging Government Contractors Date & Time October 25, 2011 2:00 – 3:00 PM EST Click here for more information or to register Some of the topics to be discussed on the webinar include:
Improved Buying Power: DoD Guidance for Greater Effeciency and Productivity in Defense Spending
On September 14, 2010, Secretary of Defense Gates directed the Department of Defense to pursue a wide-range of efficiency initiatives targeted at achieving a significant share of the $100 billion redirection of defense budget dollars from unproductive to more productive purposes. Several of these initiatives are as follows: Developing a “reward and incentive strategy” relative to profit and the control of indirect/overhead expenses. Weighted guideline criterions defined at DFARS 215.404-70 and 71 will be reviewed to emphasize the tie between profit and performance (e.g., overhead expense control); The increased use of Fixed Price Incentive Fee (FPIF) contracts, utilizing a 50/50. Read More.
What Can CB&H’s Government Contractor Services Group Do For Your Business in 2010?
The previous decade was a tough one for all businesses, including contractors and subcontractors to the federal government. Unfortunately, successfully delivering innovative, world-class solutions for federal customers did not, and does not protect government contractors from being pilloried as under delivering for the soldiers and taxpayers we serve. Historic levels of incoherence, with regard to requirements definition and regulatory consistency, have significantly increased the cost of operating as a compliant contractor. Today, it is essential that government contractors have access to best-in-class professional advice from experts possessed of the training and experience necessary to provide value-added and comprehensive regulatory compliance. Read More.
Stimulus-Funded Projects Face Greater Indirect Rate Scrutiny
Is your company is planning to work as a prime contractor or subcontractor on a transportation or infrastructure job that will be funded by the recently signed American Recovery and Reinvestment Act of 2009 (ARRA)? Your ability to withstand the increased scrutiny of your incurred costs, both direct and indirect, can determine your ability to receive any state or federal funding in the future. The ARRA provides for over $100 billion for transportation infrastructure, energy-related public infrastructure modernization, clean water, flood control and environmental restoration, and the repair and upgrade of federal facilities. With these stimuli will come greater oversight, accountability and transparency. As evidenced by the. Read More.