Mid-Year Budget & Forecasting Tips for Government Contractors

Cherry Bekaert: Government Contractors Guidance

In the second episode of Cherry Bekaert’s Operational Effectiveness podcast series, Eric Poppe, a Managing Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Todd Angioli, a Director in the Firm’s Government Contracting practice with 20+ years of financial operations experience.

Together, Eric and Todd discuss mid-year considerations when budgeting and forecasting.

Listen to this episode to find out more about:

• What government contractors should consider at the mid-year point when forecasting for the remainder of the calendar year
• High-level considerations when reforecasting the operating plan:
  • Revenue
  • Direct Labor
  • Fringe
  • Overhead
  • General and Administrative Expenses (G&A)
  • Bottom Line
• Key forecasting and planning areas:
  • Recompete andNew Business
  • Current Execution
  • Improvement Initiatives
  • Need Assessment for Mid-Year Burden Recalculation
  • The Need to Move Investments
  • Other Course Corrections
• What growing government contractors should be doing at the mid-year point

Cherry Bekaert’s team of government contracting consultants have significant operations and contracting experience to help you navigate any operational considerations. If you have any questions specific to your situation, our government contracting consultants are available to discuss your situation with you.

If you haven’t already, catch up on part one of the budgeting considerations series:

Effective Operational & Financial Performance: Budget Considerations During Year-End

View all Government Contracting Podcasts