Posts Tagged ‘Government contracts’
Why is Using a Government Contracts Accountant Important?
Summary of Keypoints Government contracting requires specialized accounting expertise: Compliance with CAS, FAR, DFARS, and agency-specific rules creates financial complexity that traditional accounting alone cannot manage effectively. A Government Contracts Accountant (GCA) focuses on compliance and cost recovery: GCAs specialize in indirect rate structures, audit preparation, forward pricing rate proposals, and maintaining systems that meet…
Read MoreUnderstanding How to Bid on Government Contracts: A Guide for Government Contractors
Summary of Keypoints Government contracts offer stable, long-term growth opportunities: Bidding on government contracts provides reliable, publicly funded revenue, multi-year stability, enhanced credibility, market expansion, and opportunities for innovation and research. Successful bidding follows a structured, step-by-step process: Contractors must research opportunities (SAM.gov, agency sites), understand RFP and FAR requirements, develop strong technical and cost…
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