Government Contracting

Significant Opportunities—Unique Requirements

Government contractors today face a myriad of challenges that either directly or indirectly impact their accounting and financial strategies and processes.

Snyder Cohn understands challenges like the ones below and helps clients prioritize and address them in a cost-effective manner:

• What costs do contractors face as they move to the federally mandated E-Verify System which requires contractors to check Social Security and immigration databases to establish employees’ eligibility to work in the United States? Some contractors will be forced to buy or upgrade computers and modify human resources systems to participate.
• Some government regulations require additional compliance expenses, such as requiring a more detailed set of accounting books; establishing procedures to ensure that various agency guidelines are followed; and for responding to RFPs.