Basic Government Contracting Requirements


General SBIR Contracting Issues Contract Types Requirements of an �Adequate� Accounting System

SBIR�s � for Small Businesses, but with Big Requirements Regular government contracting rules apply

Federal Acquisition Regulations (FAR) DCAA audits/reviews TINA � certify negotiated contracts over $550,000 (subject to fines, penalties & jail time)

Flexible funding, but not free spending

Funds for R & D � flexible Must generally follow proposed Statement of Work Can�t do whatever you want once you �get your hands on the money�

Awards are not cost competitive

Know What You�re Getting Into

Phase I�s are generally FFP Once negotiated, contract value doesn�t change Required to provide deliverables Phase II�s are generally CPFF Negotiate contract value Can only invoice for actual, allowable costs incurred Indirect Costs must be tracked and reimbursed only at actual � determined after end of contract

Phase III � Can be anything

Contract vs. Grant

Contract = Commitment to perform Acquisition Instrument, Government is the purchaser. Purpose is to acquire goods
Grant = Best efforts Assistance mechanism, Benefits a public purpose, Purpose is to stimulate research




Government Contracts

Alphabetical Index

Site Map

!! NEW !!
Women Owned Small Business Preference Program"


Government Classification of Small Businesses

Overview of the Federal Contracting Procurement Process.

The Federal Acquisition Regulation (FAR)

Basic Government Contracting Requirements

Help in Reading a Government Solicitation

Getting Started in Government Contracting

Small Business Government Help

New System for Award Management (SAM)


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