Redstone Government Consulting Blog (18)

As inflation continues to rise, you are likely wondering what the General Services Administration (GSA) guidance to contractors will impact you. The issue of inflation has many companies looking for answers, and although GSA has taken steps to address inflation, there is still a lot to be discussed. In this article, we will look at what types of relief and guidance GSA is providing.

We understand this revelation (so to speak) is likely too late for many contractors that have already established final indirect rates for the year of PPP forgiveness; however, any direct costs adjusted for loan forgiveness still remain open until closeout of the contract.

So, you have Federal Acquisition Regulation (FAR) based government contracts. Submitting a proposal for a grant should be similar, after all government regulations are government regulations – Right? Not really.

In this uber competitive labor market, it is more crucial than ever to be creative with compensation and benefits. Compensation programs and retention strategies have expanded beyond base compensation and bonus to include all methods in which employees are rewarded and incentivized. As a Federal Government Contractor, it is especially important to understand the FAR requirements which may impact compensation decisions and to document all processes and procedures related to your compensation program.

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An interview with Lynn Ryan, Project Manager at Broadway Ventures LLC.

“Create value by providing mission-critical services and solutions for government and commercial customers by improving service quality and cost,” is Broadway Ventures mission that has given them direction that enabled them to grow into a $7 million revenue company. Headquartered in Amite, Louisiana, Broadway Ventures is a professional service contractor that delivers administrative, cybersecurity and consulting solutions. Broadway Ventures is also 8a, HUBZone, and SDVOSB certified small business, which has helped them become established contractors with The Department of Defense and Department of Health and Human Services.

In a saga which conjures up the phrase: “It ain’t over till it’s over” (quotation attributed to the late, great Yogi Berra), the US Court of Appeals for the Federal Circuit (Case 21-2304) in a decision dated 01-3-2023, reversed an ASBCA Decision (60091, et al), the latter having found Raytheon’s policies for tracking potentially unallowable Lobbying and Organization costs to be reasonable, thus allowable.

Schedules H and J are some of the most important parts of the Incurred Cost Submission. This VLOG will briefly explain the Incurred Cost Submission, how to complete Schedules H and J, and the importance of each schedule.

In order to fulfill project requirements, there are times necessitating that remote employees travel into the contractor’s site of operations for a meeting, special project, training, performance review, etc. The US Department of Labor, Wage and Hour Division, Fair Labor Standards Act (FLSA) states that the time employees spend commuting from home to their normal place of work before the beginning of the workday and from work back home at the end of the workday is not considered compensable time worked and therefore is not time for which employees must be paid. What if the employer wants to compensate remote employees for this travel time? The available guidance doesn’t seem to say an employer can’t pay an employee for this time, and many employers do, however, should they, and what things should an employer consider?

So, you have a Contractor Purchasing System Review (CPSR) in the pipeline. Whether your first CPSR review or Defense Contract Management Agency (DCMA) is returning to perform a comprehensive review, you should make sure your house is in order.

Executive Compensation Limit for Government Contractors