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- AUGUST 2018 -
5 Tips to Leverage the Q4 Spending Spree
With the start of the federal government’s fourth quarter of the fiscal year quickly approaching, it’s imperative that your company is ready for a fast paced three months. This means having all of your resources and tools, including your GSA Schedule, ready to go. We’ve given you some insight on the basics of Q4 Spending, now let’s talk about what it takes to really leverage this quarter and make the most of it.
The United States Office of Government Ethics (OGE) identifies what private companies are and are not allowed to do for government workers. To reduce compliance risks, you can create a Code of Business Ethics and Conduct. This document should be signed by every employee that you have, so that you can ensure accountability. Additionally, you should hold company-wide meetings to remind employees of government and company regulations. Even if you have a plan like this already in place, it could still benefit you to find out more about ethics, so we encourage you to check out our blog!
Critical information
beta.SAM.gov transition moves into Q4
The beta.SAM.gov transition began on May 25th with CFDA.gov moving to the site, rendering the legacy website defunct. Several new features accompanied the website’s transition as well. Continued enhancements will go together with the legacy websites throughout the process, including security updates. Soon to follow CFDA.gov in Q4 of FY 2018 will be both FBO.gov as well as WDOL.gov. It will be important to understand that once these sites have been transitioned over to the beta.SAM.gov site, the legacy IP addresses will become obsolete. If you have any questions on the timeline of the transition or how this may affect your GSA contract, feel free to give us a call.
Emerging business opportunities
Research, Measurement, Assessment, Design and Analysis 2, a $3.5 billion contract opportunity, is expected to release a Request for Proposal on October 1, 2018. Interested contractors should begin to think about proposal preparation.
Disa Defense Enterprise Office Solutions (DEOS) contract is expected to be released soon. This is a new opportunity. The draft solicitation can be found here.
Africa Air Force Contract Augmentation Program V solicitation is expected to be released soon as a re-compete. Contractors interested in this contract vehicle should begin to evaluate their ability to compete for this opportunity.
Social
IT Modernization continues in Q4
Lawmakers are moving forward with a 50% increase in spending for the Technology Modernization Fund in FY2019. The House Appropriations Committee encouraged GSA and the TMF Board “to prioritize and fund those projects that have the most significant impact on mission enhancement and that most effectively modernize citizen-facing services, including updating public facing websites, modernizing forms and digitizing government processes” the report read. The increase in funds hopes to help the GSA-housed Centers of Excellence further strive to provide agencies with consulting and IT engineering services to drastically improve how agencies design services and customer interaction.
When should I start preparing for fourth quarter opportunities?
You should be preparing for the fourth quarter spending spree year-round. Build strong relationships with agencies throughout the year so when they start spending during Q4, your company’s solutions come to mind first.
How do I prepare for fourth quarter spending season?
Scope out potential Q4 opportunities well in advance and remind those agencies what your company has to offer before and during Q4. Ensure that your contracts are up to date and make modifications if necessary to avoid any administrative obstacles.
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Winvale
1110 Vermont Avenue, NW, Suite 930
Washington
D.C.
20005
United States of America
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