Federal contract requirements are constantly shifting. Whether it is new compliance clauses or contract modifications, companies must be prepared to adapt quickly to these changes and plan the next move. Open communication, staying informed on developments, and engaging experts are the keys to navigating federal contract requirements. Let’s dive a little deeper:
1. Communicate With Contracting Officers
The contracting officer assigned to each contract has the authority to modify the contract and determine contract requirements. When a requirement is unclear, always seek clarification with the contract officer (this is also a great opportunity to build a relationship with them for future contracts!). Regular communication is beneficial to understanding any changes in contract requirements, agency policies, or funding. Not all contracts will have modifications, but these can significantly impact the fulfillment of the contract. When a contract has modifications, it is essential that you take the time to analyze the changes for impact to your plans.
2. Stay Informed
Multiple channels are available for contractors to stay informed on updates from agencies regarding contracts and regulations, such as GSA and SAM.gov. Because these are federal resources, these platforms stay current with any pricing, performance, or regulatory updates giving contractors the latest information.
FAR and DFARS regulations are the regulatory framework at the core of every federal contract. These documents are frequently amended to reflect current policies and cybersecurity standards. By conducting regulatory compliance reviews, contractors can ensure their operations align with those frameworks. Not only does a regular compliance review minimize the risk of non-compliance, but it allows contractors to also respond quickly should a change occur.
3. Engage With Experts
Government contracting is full of complex regulations and requirements that can easily be misunderstood. Engaging with industry experts who understand the process can help contractors interpret, respond, and negotiate changes. In comes JetCo Solutions, where we have over 18 years of experience in making the complexity of GOVCON easy – we know what the government wants and how they want it. Federal contracting is complex, but with JetCo’s help, we can turn regulatory challenges into growth opportunities for your business.
About the Author
The JetCo Solutions Team
The JetCo Solutions team is determined. We only win if you win, and we want you to succeed at every step of the government contracting process. View our team.
