Norcal APEX Accelerator’s Post

Join the Upcoming 2-Day Virtual Course: A Practical Guide to the Incurred Cost Submission, led by Capital Edge Consulting’s Director, Eric Hayman! Are you ready to master the Incurred Cost Submission (ICS) process? Government contractors subject to an Allowable Cost and Payment contract clause must submit an adequate ICS annually to establish final indirect rates and direct contract costs. 📅 Course Details: When: December 16th & 17th, 2024 Register 🔗: https://lnkd.in/efFNrwem What You’ll Learn: Prepare an accurate and complete Incurred Cost Submission Navigate the rules of cost allowability and allocability Understand indirect rate structures and their role in ICS Identify and capture all allowable costs to mitigate audit risks Hosted by Federal Publications Seminars, this course provides a step-by-step guide to the preparation, development, and successful submission of your ICS, complete with insights into FAR Part 42 requirements. Whether you’re a seasoned contractor or new to the federal market, this course equips you with the tools and knowledge for compliance and success. #IncurredCostSubmission #GovernmentContracting #FARCompliance #VirtualTraining #CapitalEdge

Navigating Multiple Award Schedules (MAS) effectively is crucial for federal contractors. Overcoming compliance, pricing management, and audit preparedness requires a proactive approach. Additionally, having a website that clearly and simply articulates all services and offerings is essential. This enhances visibility, builds trust, and makes your strengths easily accessible. https://lnkd.in/eaYXxXSW #GSA #FederalContracting

🌟 Are you considering entering the world of government contracting? Here are some key insights to keep in mind: 🔹 Government contracting can be a lucrative avenue for businesses looking to expand their reach and impact. It offers a unique opportunity to work with government agencies on projects that serve the public good. 🔹 However, navigating the world of government contracting can be complex and challenging. The process often involves stringent requirements, regulations, and competitive bidding processes that can be daunting for newcomers. 🔹 To succeed in government contracting, it's essential to do your homework and understand the rules of the game. This includes familiarizing yourself with the Federal Acquisition Regulation

Tips for managing questions to the client. Remain aware of deadlines for questions and answers and avoid procrastination in submitting questions. This is important because your deadline may differ from theirs (even if it isn't, it's always a good practice). Stay on top of deadlines so you'll have time to adjust if something happens — like an unexpected delay or change in plans. #competitivebidding #aec #aecproposals

Tips for managing questions to the client. Remain aware of deadlines for questions and answers and avoid procrastination in submitting questions. This is important because your deadline may differ from theirs (even if it isn't, it's always a good practice). Stay on top of deadlines so you'll have time to adjust if something happens — like an unexpected delay or change in plans. #competitivebidding #aec #aecproposals

Vertx has compiled a comprehensive checklist of ten essential items to help you navigate the complexities of Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) programs and ensure your business stays in line with federal regulations. Let’s begin with the first checklist item: understanding federal acquisition regulation compliance. One of the foundational aspects of SBIR/STTR regulatory compliance is adherence to the Federal Acquisition Regulation (FAR). This extensive set of rules governs the federal acquisition process and includes requirements related to contract terms, cost accounting standards, and other federal regulations. Business owners must familiarize themselves with the FAR to ensure compliance throughout the SBIR/STTR process. Dive into the remaining nine checklist items here: https://buff.ly/3SL9DDP

🌟 Government contracting - a complex yet rewarding world that many businesses aspire to enter. But what does it really take to navigate this intricate landscape successfully? Let's dive in and explore some key insights and considerations for those looking to venture into the realm of government contracts: 🔹 Understanding the Rules of the Game: Government contracting is no ordinary business endeavor; it comes with a distinct set of rules and regulations that must be adhered to. Familiarize yourself with the Federal Acquisition Regulation

Looking to sharpen your federal contracting skills? Dive into the intricacies of price and cost analysis with our comprehensive course! Gain invaluable insights into navigating the Federal Acquisition Regulation (FAR) and master the tools and techniques for accurate cost proposal documentation. Reduce audit risk and optimize your contracting processes – enroll now and elevate your expertise! Classes start June 3. https://bit.ly/3xCDGpH • • • #MasonNation #GMUAlumni #GMU #GMUPatriots #LevelUp #LevelUpYourCareer #Upskill #GetToKnowUs #GainNewSkills #GovernmentContracting #ContractPricing #GovernmentPricing #PricingFundamentals #CostAnalysis #GrowthMindset #SuccessMinded #Success #SuccessMindset #SelfDevelopment #ProfessionalDevelopment

🔹 Ever wondered about the role of government contracting as a middle man in the business world? Let's dive into this thought-provoking topic and explore the dynamics at play when it comes to this aspect of the industry. 🔹 When we think about government contracting, it's easy to see them as simply intermediaries between the government and private businesses. But if we dig deeper, we might uncover some fascinating insights into how this relationship shapes the marketplace and drives innovation. 🔹 One could argue that government contractors bridge the gap between the public sector's needs and the private sector's capabilities. They act as facilitators, bringing together different stakeholders to deliver solutions that benefit society as a whole. 🔹 However, this intermediary role can sometimes be a double-edged sword. On one hand, it streamlines the process of procurement and ensures that projects are completed efficiently. On the other hand, it can create complexities, bureaucracy, and potential conflicts of interest. 🔹 The reliance on government contracting as a middle man raises questions about transparency, accountability, and fair competition. Are all players in the game operating on a level playing field, or are there underlying power dynamics at play that skew the system in favor of some over others? 🔹 In a constantly evolving landscape, where the line between public and private interests is often blurred, it's crucial to critically examine the role of government contracting in driving economic growth and societal progress. 🔹 As professionals navigating this space, we must strive for integrity, ethics, and value-driven decision-making to ensure that the middle man doesn't become a bottleneck but rather a catalyst for positive change. 🔹 Let's continue the conversation and share our insights on how government contracting as a middle man can be optimized to foster innovation, efficiency, and equitable opportunities for all stakeholders involved. Together, we can shape a future where collaboration and impact take center stage in the world of business and governance. 🔹 What are your thoughts on the role of government contracting as a middle man? Feel free to share your perspectives and experiences in the comments below! Let's engage in a constructive dialogue that enriches our understanding of this complex yet essential aspect of the business landscape.

In our work with First Nations communities and organizations, we often undertake projects related to document management systems. While doing this work, we stumbled upon the concept of OCAP® (Ownership, Control, Access, and Possession) which is a guideline around data governance for First Nations in Canada developed by the First Nations Information Governance Centre (FNIGC). We recognize that many nations across the province and across the country haven't had the opportunity or time to conduct research into data governance, although they recognize the importance it plays in their communities. We thought we would do that research ourselves and help make OCAP®, it's principles and solutions, and the steps nations can take to implement it more accessible. You can read about out findings in our new white paper "6 Ways for First Nations to implement OCAP® from an IT perspective: The need for Ownership, Control, Access, and Possession for First Nations data sovereignty." You can download the white paper from the link in our newest post on the Vivacity Technologies website: