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From the Desk of Bernard Mustafa
Dynamics NAV Supports Recovery Act Reporting Requirements
On February 17, 2009, President Obama signed Public Law 111-5, the American Recovery and Reinvestment Act of 2009 ("Recovery Act", "Stimulus Act"), which included a number of provisions to be implemented in Federal Government contracts. Effective March 31, 2009, interim Federal Acquisition Regulation (FAR) 52.204-11 went into effect that implements this mandated clause. This requires the prime contractor and their first tier subcontractors to provide quarterly reports documenting their use of stimulus funds. If you win contracts that use Recovery Act funds, you are subject to these reporting requirements.
Dynamics NAV for Government Contractors will have the capabilities you need to report on your Recovery Act contracts. Click here for information on the wide range of reporting capabilities found in Dynamics NAV.
Call me at 703.391.0977 if you have any questions about the reporting requirements of the Recovery Act or about how the reporting capabilities in Dynamics NAV help chief executives make better business decisions.
Best regards,
Bernard Mustafa
CEO, PVBS
www.pvbs.net |
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| Holland & Knight LEGAL TIPS: When to Disclose Exit to Key Employees |
William J. Mutryn, a partner in Holland & Knight's Northern Virginia office, and co-Leader of the firm's national Corporate and M&A Practice Group frequent answers legal questions concerning mergers and acquisitions for our newsletter. He practices principally in the areas of mergers and acquisitions, commercial transactions, corporate governance and finance. Over the last few years, he has served as lead counsel in over 50 M&A transactions and is the President of ACG's National Capital Chapter. For previous Q&A, please click here.
 QUESTION: When should an owner disclose a possible exit to key employees and what incentives can be offered to motivate key employees to cooperate in a possible transaction?
ANSWER: As a general practice, business owner would disclose his or her desire to execute an exit strategy to only a few key employees. At the time a firm decision to sell is made and an investment banker or financial advisor is retained, a business owner would disclose the event to a small group of trusted employees who need to know for purposes of assisting in the transaction....More.
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| Three Steps to Meeting Earned Value Management Requirements |
Rob Hirschmann is Corporate Vice President with Projility, a Vienna, Virginia based 8(a) government consulting firm focused on implementing effective project portfolio management and earned value management solutions. Projility's 'Easy EVM' suite is based upon a complete Microsoft solution platform.
Over the past twelve months, we've seen requirements for ANSI-compliant Earned Value Management (EVM) systems in almost every new procurement coming from the Federal government, small and large. The message is becoming clear: contractors who cannot come to the table with a solid approach, qualified staff, documented processes and integrated technology solutions (defined together as a system) will not be awarded new work. This is becoming the status quo across all areas of government - going beyond EVM's roots in the Department of Defense, now mandatory across Civilian and Homeland Security procurements regardless of contract type.
Click here to find out three key steps every contractor can take NOW to proactively address these requirements....More
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| Billing & Collections Best Practices Group Starts in Time for Busy Season |
An initiative by the Coalition for Government Procurement (CGP) and one of its members, Diamond Mind, Inc. has resulted in the creation of a Billing & Collections Best Practices group consisting of finance executives from within the government contracting community. With the Busy Season for federal procurement rapidly approaching, now is the best time for resellers to the Federal Government to determine how to best organize their time around those activities which will create the most value.
The Coalition for Government Procurement (www.thecgp.org) is considered to be amongst the most effective voices for commercial service and product companies selling in the federal market. 29 years of working with decision makers in and out of government for common sense acquisition rules gives the CGP unparalleled experience that is put to work daily for its members. In depth knowledge of procurement issues and relationships gives the CGP ability to ensure that its members' views are heard - and respected - whenever procurement policy is debated
For more information, please contact Wade Tetsuka, wade.tetsuka@diamondmindinc.com at (703) 717-3339 or Megan Biggins, mbiggins@thecgp.org (202) 315-1056.
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Be sure to visit and register at our blog.
Sincerely,
Bernard
Pleasant Valley Business Solutions
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PVBS VP Paul Skurpski
Appointed to SECAF Board of Directors |
SECAF (Small and Emerging Contractors Advisory Forum) announced that it has appointed PVBS Vice President Paul Skurpski to its Board of Directors. SECAF provides education, resources, and advocacy venues to serve the small and emerging government contractor community.
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| About Microsoft Dynamics NAV for Government Contractors |
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Microsoft Dynamics NAV for Government Contractors from PVBS is an ERP solution that has been designed specifically for companies that provide services and/or sell products to the Federal Government. It features:
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Warehouse Management
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Human Resources
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Analytics
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CRM
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