Mid-Year Budget & Forecasting Considerations for Effective Operational & Financial Performance

In the second episode of Cherry Bekaert’s Operational Effectiveness podcast series, Eric Poppe, a Managing Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Todd Angioli, a Director in the Firm’s Government Contracting practice with 20+ years of financial operations experience.

Together, Eric and Todd discuss mid-year considerations when budgeting and forecasting.

Listen to this episode to find out more about:

  • What government contractors should consider at the mid-year point when forecasting for the remainder of the calendar year
  • High-level considerations when reforecasting the operating plan:
    • Revenue
    • Direct Labor
    • Fringe
    • Overhead
    • General and Administrative Expenses (G&A)
    • Bottom Line
  • Key forecasting and planning areas:
    • Recompete andNew Business
    • Current Execution
    • Improvement Initiatives
    • Need Assessment for Mid-Year Burden Recalculation
    • The Need to Move Investments
    • Other Course Corrections
  • What growing government contractors should be doing at the mid-year point

Cherry Bekaert’s team of government contracting consultants have significant operations and contracting experience to help you navigate any operational considerations. If you have any questions specific to your situation, our government contracting consultants are available to discuss your situation with you.

If you haven’t already, catch up on part one of the budgeting considerations series:

Effective Operational & Financial Performance:  Budget Considerations During Year-End


View All Government Contracting Podcasts

 

Todd J. Angioli

Government Contractor Consulting Services

Director, Cherry Bekaert Advisory LLC

Eric Poppe

Advisory Services

Managing Director, Cherry Bekaert Advisory LLC

Past Episodes

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February 3, 2025

26:48

Speakers: Eric Poppe

Learn the steps to take after receiving a stop-work order, from consulting your contracting officer to documenting costs and managing contract compliance.

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January 17, 2025

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Learn about project cost considerations for government contractors, including tax impacts, compliance, and financial reporting essentials.