"The Bid-No Bid Process An Overlooked, But Important Sales Process Tool." We wrote our May 2009 Think Business Magazine article on a business function that is well known by government contractors. For many companies it may not have formalized policies and procedures. Solid Bid/No Bid decisions can be the difference between winning and spending money [...]
Molly K. Gimmel speaks about GSA Schedules- what you need to know and how to administer contracts after award- at the National Association of Women Business Owners (NAWBO) GovCon Specialist Interest Group (SIG) meeting.
An article published on Monday, February 11 in Washington Technology explains how, as of the end of 2007, the Federal Acquisition Regulation (FAR) now contains a subpart requiring contractors to establish a code of business ethics and conduct. This will only apply for contracts valued in excess of $5 million or with a period of [...]
The Treasury Department has raised the interest rate under the Prompt Payment Act from 5-1/4% to 5-3/4% for the period July 1 - December 31, 2007. This is the rate at which contractors are to be paid interest for payments made after 30 days from the government's receipt of the contractor's invoice.