So your technology company has won its first government contract. Now what? Do you have a full understanding of the nuances and reporting requirements that come with that contract award? The government understands that it’s dealing with taxpayer money, so all costs need to be reasonable, allocable and allowable, and there’s a lot to uncover behind these terms.
Join Cherry Bekaert’s Craig Hunter and Eric Poppe for the third episode of this podcast series, as they compare the three major contract categories in which companies can engage, and how costs and reporting must be handled. They’ll also talk about the number one cultural hurdle tech companies must address when they are new to government contracting.
Stay tuned for our next episode which outlines several important areas that need attention to stay compliant with the government.
If you haven’t already, be sure to catch up on part one and part two of this series:
- Should Your Tech Company Work with the Government?
- How Tech Companies Can Successfully Capture Federal Business
- The Keys to Sustaining Growth Through Compliance: Government Contract Compliance Checklist for Tech Companies
- Protecting Your Tech Company’s Intellectual Property in a Government Contract