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Profit on Federal contracts-you mean we can have some? (Business Credit Selected Topic).

Business Credit

| February 01, 2003 | Walter, William R. | COPYRIGHT 2003 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Recently, with the demise of the "instant millionaire" era of the Internet and the threat of a recession, interest in doing business with the Federal Government is a primary view of many businesses. With this new focus, companies chasing the federal dollar are jumping into the procurement arena, often with a view that the profits on government contracts should be as high as they were perceived to be under their ill-fated Internet and technology projects of recent years.

This misperception can lead to problems with both management and customer alike. With a good understanding of the profit guidelines and contract financing tools that a Federal Contracting Officer ...

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Source: HighBeam Research, Profit on Federal contracts-you mean we can have some? (Business...

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