Cost of Government Compliance

Doing-It-RightAs a Gov Con one of the most crucial aspects of government contracting is making sure you have an infrastructure that supports government compliance. Costs associated with keeping your organization compliant are in the range of 22-29% of your contract value and according to The META Group more than 90% of businesses still handle contracting manually, which means those percentages could be higher. Contract compliance can be the difference between contract successes or being suspended or debarred.

According to PWC primary costs of government contracting are in the area of infrastructure requirements preparation and documentation activities. The first being documentary cost can be the cost of implementation of processes to meet regulatory framework; the second is requiring employees to follow the process; and the third is collection, auditing and proving that processes were followed.

As stated previously, since the majority of company’s handle contract compliance processes manually. The bulk of those processes are handled via emails, phone calls, word processing changes to the SOP and manual sign-off’s. All those activities have cost implications associated with a person’s time. In order for your organization to get a handle on compliance costs, consider the following:

Automate as much as possible; look into investing in an automated business processing system to save time on redundant tasks. We have identified five (5) areas of your business where automation can reduce your compliance costs:

*Comprehensive Cost Accounting Software; make sure your software meets the DCAA standards of CAS and GAAP.
* Proposal Library System; Try investing into a system that not only gives you basic structures so you don’t have to recreate the wheel for every proposals submission, but can also integrate with your current systems so that you can populate current data.
*Customer Relation Management software; Having a system to manage your potential and current client relations should be a priority for every business. Project Management/ Program Management; Software to manage resources, time, and budget are crucial to delivery success.
* Inventory Management; Managing inventory in an automated way helps you accurately track costs and significantly increases business efficiency.
* Automating Payroll; Make sure you have a schedule to pay your employees.

Share small business news, blogs and social media tips with Project Eve’s community of small business owners and entrepreneurs today. Our contributors come from a wide range of backgrounds; so whether you are a small business owner, social media strategist, financial adviser, serial entrepreneur, or write an amateur blog we urge you to contribute a blog to our 500,000+ community today. For more information, please refer to our Content Submissions Guidelines.

Add a Blog


  1. Hey just wanted to give you a quick heads up. The words in your post seem to be
    running off the screen in Firefox. I’m not sure if this
    is a formatting issue or something to do with internet browser compatibility but I figured I’d post to let you know.
    The style and design look great though! Hope you get the
    problem solved soon. Many thanks

  2. Hi! Do you know if they make any plugins to help with
    SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good success.
    If you know of any please share. Thanks!

  3. I do not even know how I ended up here, but I thought this post
    was great. I do not know who you are but certainly you
    are going to a famous blogger if you aren’t already ;
    ) Cheers!

  4. Hey there great blog! Does running a blog such as this require a lot of work?
    I have no understanding of programming however I had been hoping to start my
    own blog soon. Anyways, should you have any suggestions or techniques for new blog owners please share.
    I understand this is off topic however I just needed to ask.
    Many thanks!

  5. I’m extremely impressed together with your writing skills
    and also with the format in your weblog. Is this a paid subject or did you
    customize it your self? Either way keep up the excellent quality writing, it’s
    rare to look a nice blog like this one these days..

  6. I’m truly enjoying the design and layout of your blog. It’s
    a very easy on the eyes which makes it much more enjoyable for me to come here and visit more often.
    Did you hire out a designer to create your theme? Superb work!

  7. I have been exploring for a little for any high quality articles or blog posts on this kind of
    space . Exploring in Yahoo I eventually stumbled upon this website.
    Studying this info So i’m glad to exhibit that I have an incredibly good uncanny feeling
    I discovered exactly what I needed. I so much undoubtedly will
    make sure to don?t fail to remember this website and give
    it a look regularly.

  8. Hello would you mind stating which blog platform you’re working with?
    I’m planning to start my own blog soon but I’m having a tough
    time choosing between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your design and style seems different then most blogs and I’m looking for something unique.

    P.S Sorry for being off-topic but I had to ask!

  9. Attractive component of content. I just stumbled upon your web site and in accession capital to claim that I get actually loved account your weblog posts.
    Any way I’ll be subscribing for your feeds or even I achievement you access constantly rapidly.

  10. This design is incredible! You most certainly know how to keep a reader amused.

    Between your wit and your videos, I was almost moved to start
    my own blog (well, almost…HaHa!) Great job.
    I really loved what you had to say, and more than that,
    how you presented it. Too cool!

  11. I am in fact delighted to read this website posts which carries plenty of valuable information, thanks for
    providing these kinds of information.

  12. First off I would like to say great blog! I had a quick question which I’d like to ask if you don’t mind.
    I was interested to know how you center yourself and clear your mind before writing.
    I have had a difficult time clearing my mind in getting
    my ideas out there. I do take pleasure in writing but it just seems like the
    first 10 to 15 minutes are generally lost simply just trying
    to figure out how to begin. Any suggestions or tips?

  13. I know this if off topic but I’m looking into starting my own blog and
    was wondering what all is needed to get setup?
    I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very web savvy so I’m not 100% sure. Any tips or advice would be greatly
    appreciated. Cheers

  14. magnificent issues altogether, you just gained a logo
    new reader. What may you suggest about your post
    that you simply made some days in the past? Any positive?
    pof natalielise

  15. I know this if off topic but I’m looking into starting my
    own weblog and was curious what all is needed to get set up?
    I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very internet savvy so I’m not 100% sure.
    Any suggestions or advice would be greatly appreciated.

  16. Hi there! This post couldn’t be written any better!
    Looking at this article reminds me of my previous roommate!
    He always kept preaching about this. I most certainly will send this article to him.
    Pretty sure he will have a good read. Many thanks
    for sharing!

  17. Wonderful site you have here but I was curious
    about if you knew of any discussion boards that
    cover the same topics discussed in this article?

    I’d really love to be a part of online community where I can get advice from other experienced individuals
    that share the same interest. If you have any recommendations, please
    let me know. Thanks!


Please enter your comment!
Please enter your name here