Govt. Work

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I have friend employed by/at the local National Guard Armory. Within in the next year I plan to take the leap into contracting. He has informed me that his list of contractors (provided by the state I believe) to call for service work is down to two. That alone leaves me suspicious. He tells me it's because they don't keep their paperwork up, something to do with the secretary of state? My question is what are the pros and cons of this sector of work and what requirements as a contractor do I need to fulfill to become eligible (if I choose) for this type of work?

Thankyou in advance,

-Lee-
 
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paperwork

paperwork

What paperwork would I need to bill the government?


I'm aware slow paying customers can kill a young business, however, can this hassle be minimized (assuming a small material outlay) simply by padding Bids or T&M invoices in assumption it'll be 2 monthes or is it worse?


BTW, thanks for the heads up. It's doubtful I'll pursue govt. work simply for the reasons you stated but any input is welcome.
 
On Davis Bacon jobs you are required to pay the prevailing scale plus benefits.

Purchasing agents that try to tell you, you are charging to much, they want to see your quote. They explain they once were a contractor (KEY WORD HERE IS ONCE).

Slow payments.

Paper work.

Bid it, then get the job 2-years later and they expect you to hold your prices.

Have an unrealistic pricing schedule.

Keeping you waiting cause being late is not in their dictionary, unless you are the one late.

BUT THEY DO EVENTUALLY PAY...and it can be worth it if you can put up with some hassles. Many companies in my area only do Government work. But they have one person just for the paper work.

And like all things some are good some are bad. I work with a group that is really decent, they assist with obtaining payments. I have another group that are nice folks but take up to 1 1/2 yers to pay some invoices. I no longer work for these people.

Also some have switched to credit cards and this allows payments at completion of work....
 
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