Earlier this year, Secretary James Mattis released a new National Defense Strategy (pdf) for the first time in 10 years. One of the major goals of the new strategy is to drastically reduce acquisition timelines and cut the time required to award a contract by half. The initiative was echoed by Director of Defense Pricing Shay Assad at this year’s Government Contract Pricing Summit: “what we are interested in is changing [the award process] from 400-500 days to 30.”
TEMECULA, Calif., May 2, 2018 /PRNewswire/ -- Executive Business Services (EBS), Inc., makers of PROPRICER, is pleased to announce that a new case study featuring one of its customers has been published. EBS and Fincantieri Marinette Marine (FMM), an affiliate of Fincantieri, one of the world's largest shipbuilders, worked together to write the case study.
The success of your government contracts requires a holistic analysis of their performance and what’s needed on a daily, monthly, and quarterly basis, both from a contractual and financial standpoint. Government contractors handle this challenge in different ways depending on the contract and the fee being earned.
Temecula, CA – PROPRICER, a leading proposal pricing software that helps federal contractors and agencies develop, manage, and analyze their proposal cost volumes, is excited to announce the release of PROPRICER 9.3 build 104, the most up-to-date iteration of our user-driven pricing software. Based on years of user experience, the newest software enhancements make the proposal process even easier and more effective than ever before.
If you’re a contractor to the United States Government working on a cost-based or T&M (time and materials) contract, you must provide an “incurred cost submission” annually. This post outlines how to avoid a faulty submission.
Many contractors lower their chances of winning government contracts because they fail to follow a repeatably successful proposal development process; even when they win a contract, they wonder if it was worth the time and effort they put into the sales stage.
To optimize your proposal process, remove the mystery from it by focusing on three key areas: team roles and responsibilities; compliance; and time savings.
Developing government pricing proposals requires extensive work due to the data and reporting requirements. You may feel ready to face your prospect when you gather your cost data, but we recommend nailing down your proposal process using a checklist.
The Undersecretary of Defense for Acquisition, Tech, and Logistics provides contractors and their subcontractors with a “Proposal Adequacy Checklist,” a handy tool for ensuring you submit your pricing proposals, well … adequately.
With the prevalence of incurred cost and voucher audits, a DCAA auditor will look for proof of a work authorization process when reviewing your contract pricing proposals. While there’s no specific regulation requiring your company to incorporate work authorizations as part of your labor (cost estimating) system, DCAA auditors will likely call an accounting system “inadequate” by citing disclosure deficiencies if they see you failed to follow a work authorization process.
So, your proposal team has started streamlining your bid proposal process with PROPRICER – that’s great news! But you know they could do even more if they had a bit more familiarity with the tool.
