Contract Finance

What a CMMC assessment costs at each level, whether the fee is allowable under FAR 31.201-2, and how to recover it on cost-plus and fixed-price contracts.

How government shutdowns affect contractor payments, billing, and indirect rates. A CPA-guided financial playbook for payment delays.

How entity choice affects DCAA compliance, indirect rates, and the $671K executive comp cap. CPA guidance on S-Corp vs C-Corp vs LLC.

A joint venture needs its own books, bank accounts and cost structure from day one. Setting up JV accounting, handling intercompany costs, and satisfying DCAA and SBA together.

A GSA Schedule adds obligations beyond ordinary contracting: quarterly IFF, sales reporting, Transactional Data Reporting and Trade Agreements Act checks. Each one needs its own accounts.

Government-furnished property creates obligations the day the first item ships. FAR Part 45 wants records, inventories, disposition plans and loss reporting. Closeout is where contractors find out.

The government pays interest when it pays late, and most contractors never claim it. The Prompt Payment Act makes it automatic, but invoice errors and missed deadlines leave millions uncollected.

DOGE terminated over 13,000 federal contracts in 2025. The cancellation itself rarely kills a small GovCon firm. The indirect rate spiral that follows it is what does.

The prime carries full responsibility for subcontractor compliance. DCAA audits your subcontract management, cost tracking, consent and flow-downs. One weak sub spreads questioned costs everywhere.

The Service Contract Act requires prevailing wages on contracts over $2,500. Violations bring back pay, termination and three-year debarment. How it differs from Davis-Bacon.