Maximizing Cash Flow Management for Government Contractors

government-contractors-cpa

Summary of Keypoints Cash flow challenges in government contracting stem from timing mismatches, including long payment cycles, provisional billing rates, cost-reimbursement structures, and approval delays, making proactive cash management essential even for profitable contractors. Strong receivables management is critical to liquidity, requiring prompt invoicing, weekly tracking of invoice status, early escalation of delays, and timely…

Read More

Contract Briefs & Provisional Billing Rates: Paving the Way for Financial Success in Government Contracting

Contract Briefs & Provisional Billing Rates

Summary of Keypoints Contract Briefs and Provisional Billing Rates are foundational tools in government contracting, supporting both compliance and financial performance by aligning contract requirements with effective cost management and cash flow practices. Contract Briefs act as a strategic contract roadmap, summarizing key terms, compliance obligations, risks, performance benchmarks, and resource needs to improve clarity,…

Read More