In CohnReznick’s recent Government Contracting Lunch & Learn Webinar, we met a fictional client, Lucas.

Lucas is a CEO, and his organization has expanded their portfolio and won new work with the federal government. Winning this new work has brought up some questions/concerns regarding how Lucas could appropriately expand his organization from a predominantly commercial organization to one that will support both commercial and government business. Lucas is interested in understanding options for structuring his organization to support the different sets of customers and compliance requirements his organization is now responsible for.

Access the full presentation to view the different options our speakers outlined for Lucas.

Key tools in the toolbox

During the webinar, our government contracting professionals provided key consideration “tools” for organizations to determine the right organizational structure. They included:

• Different operating models to address both government and commercial customers, with pros and cons of each.
• Technological considerations such as:
  • Requirements around data security
  • Enterprise Resource Planning (ERP) implementation considerations (with a focus on accounting and timekeeping requirements)
• Insights on bringing in the right workforce with the knowledge, skills, abilities, and experience needed to address the compliance requirements around government contracting. Workforce options were provided for how best to strategically assign those resources within the enterprise.
• A high-level review of different government contracting compliance requirements and implications they may create on supply chain and government accounting requirements.

Access the on-demand webinar now to learn how to identify an appropriate operating model for your organization.