Top five IT industry NAICS codes spending trends

Posted by Meghan Gallagher on Jan 17, 2018 2:01:08 PM

Blog photo JAN 17-2.jpgAs part of our focus on NAICS codes this month, our team did a deep dive into the NAICS codes associated with the largest federal IT spending. Given that IT modernization is still a big priority, it’s important to look at those spending trends. Specifically, we’ve reviewed the top five IT NAICS codes from fiscal years 2016 and 17.

Why review these codes? One factor driving your sales and marketing success is the ability to find great opportunities for your organization. Knowing what your NAICS Codes are, and how well they do within the government space is the first step. For example, is your main NAICS code rarely associated with government opportunities? Or are there countless opportunities for that code? If it is not associated with good opportunities, you may need to consider other relevant NAICS codes, and start looking for opportunities with those codes instead. The IT industry is a good place to start given the high spending levels in that category.  

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Topics: GSA Contract Consulting, Government Contracting, GSA, NAICS

NAICS codes: Is your company a Small Business? 

Posted by John Abel on Jan 10, 2018 2:00:00 PM

woman at her desk.jpgHaving a small business designation can fuel marketing and sales efforts for new federal business opportunities. Every year, the Small Business Administration (SBA) aims for certain percentage goals of budget spending that are designated for small business contracts. So, it’s critical to know if your company is eligible for small business set-aside contracts, but how to be sure? The answer is lies in the North American Industry Classification System (NAICS). Your company’s NAICS codes help determine if you qualify as a small business based on certain size standards. Through the Small Business Act, the SBA established size standards for NAICS codes to help businesses get their designation, and see relevant opportunities for which they qualify. 

Find out if you are a small business

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Topics: GSA Contract Consulting, Government Contracting, SBA, GSA, NAICS

Blockchain fever in 2018 - beyond Bitcoin 

Posted by John Abel on Jan 8, 2018 4:30:00 PM

blockchain.jpgJust a few days into 2018, it’s clear that blockchain technology and cryptocurrency are hot topics whose popularity will continue to surge. In 2017, at times it seemed impossible to escape a discussion with peers about how we wish we’d invested in Bitcoin starting in 2009. The spike in public interest in blockchain-based cryptocurrency has nearly everyone taking note – now even the U.S. Government.

What makes cryptocurrency so valuable is the underlying technology it depends on, called blockchain. Blockchain could have a dramatic impact on internet security and communications moving forward.  

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Topics: GSA Contract Consulting, Government Contracting, Technology, GSA, blockchain

NAICS codes 101 in 2018

Posted by Morgan Taylor on Jan 3, 2018 1:30:00 PM

The North American Industry Classification System (NAICS) classifies businesses into over 700 different industrial categories or codes. For government contractors, it’s crucial to understand these codes and effectively leverage them to win government business.

What are NAICS codes?

Developed by the Office of Management and Budget (OMB), NAICS is a classification system used by government agencies to collect, analyze and publish statistical data on the United States business economy. OMB developed this system  with statistical agencies in the United States, Canada and Mexico to create common industry standards for statistical data presentation and analysis. The federal procurement sector uses the code to classify industries.

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Topics: GSA Contract Consulting, Government Contracting, GSA, OMB, NAICS

Think TAA’s Substantial Transformation clauses are tough? Advisory Rulings can help

Posted by John Abel on Dec 20, 2017 12:00:00 PM

GSA Multiple Award Schedules (MAS) contracts often have many compliance standards, some of the most complex being the ones for the Trade Agreements Act (TAA).  How do you know if your products meet TAA standards? The simplest way to determine if your product is TAA compliant is to check the list of approved countries of origin. This list outlines all the pre-approved countries of origin permissible under the TAA.

But what if the products you want to offer come from a non-TAA compliant country?

Under TAA, a vendor may import goods from a non-compliant country if the final product undergoes a “substantial transformation” either in the U.S. or another TAA- compliant country.  So, if acquired parts or goods supplied from a non-compliant country are “substantially transformed” in the final product, a contract holder can assert TAA compliance.

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Topics: GSA Contract Consulting, Government Contracting, TAA, GSA

Mass Modifications – Stay up to date with Solicitation Updates

Posted by John Abel on Nov 30, 2017 11:00:48 AM

Though the GSA tried to make doing business with its Multiple Award Schedule (MAS) contracts easier, the process is still complex. Per GSA, “A mass modification is a government-initiated modification that occurs when a uniform change occurs schedule-wide.”[1]  A mass mod is a schedule-wide update to a contract’s terms that require the contractor’s acceptance. Often, these modifications are all-encompassing updates that incorporate new government regulations or legislation. One recent example is mod A509 for the new Transactional Data Reporting system.

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Topics: GSA Contract Consulting, GSA Schedule

What you need to know about GSA Schedule 70’s newest cybersecurity SIN

Posted by Haley Lawrie on Nov 29, 2017 10:54:37 AM

Strengthening the security of federal networks, systems, and data is one of the most important challenges federal agencies face. Therefore, the General Services Administration (GSA) is changing how it provides access to the Department of Homeland Security (DHS)'s cybersecurity program through the Continuous Diagnostics and Mitigation (CDM) program. GSA's newest Schedule 70 Special Item Number (SIN) 132-44, Continuous Diagnostics and Mitigation Tools, is a dynamic approach to strengthening the cybersecurity of government networks and systems. The jointly administered program by DHS and the GSA currently operates under a Blanket Purchase Agreement (BPA) which will expire in August, 2018. The GSA began the BPA-to-GSA transition process by adding the SIN 132-44 to IT Schedule 70.

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Topics: GSA Contract Consulting, GSA Schedule, cyber security, IT Schedule 70, cyber

Big Changes Coming for the Service Contract Act and GSA Schedules

Posted by Ashley Marculescu on May 26, 2016 2:46:01 PM

In an effort to better align GSA Schedule labor regulations with the U.S. Department of Labor’s (DOL) Service Contract Labor Standards (SCLS), formerly known as the Service Contract Act, the GSA Federal Acquisition Service plans to update all GSA Multiple Award Schedules (MAS) to comply with SCLS. This update will ensure most recent wages are incorporated into individual task orders.

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Topics: GSA Contract Consulting

New FAR ‘Final Rule’ Imposes Security Safeguard Requirements for Contractor Information Systems

Posted by Kevin Lancaster on May 24, 2016 3:47:30 PM

This year has been marked by a number of important changes and updated contracting procedures aimed at improving the U.S. Federal Government’s cybersecurity systems. Against the backdrop of President Obama’s Cybersecurity National Action Program, launched earlier this year, a new Federal Acquisition Regulation (FAR) rule has recently arrived which addresses basic safeguarding of contractor information systems. This may seem innocuous at first, but the change should not be taken for granted by the contractor community.

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Topics: GSA Contract Consulting

The Quarterly Reporting Guide for State and Local Contractors

Posted by David Baldino on May 19, 2016 8:00:00 AM

It’s that time of year again: quarterly sales reporting! Whether you are a federal or state and local contractor, you are required to submit a sales report to not only fulfill your contractual duty as a vendor, but also to pay an administrative fee.

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Topics: GSA Contract Consulting

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