USFCR Blog

The federal contracting world is about to undergo a significant change, and veteran-owned businesses need to be ready. Signed on March 20, 2025, Executive Order 14240 is set to consolidate federal procurement under the General Services Administration (GSA). The goal is to eliminate waste, reduce redundancy, and save taxpayer dollars by centralizing common goods and services procurement within one agency—GSA​

The U.S. government consistently funds large-scale infrastructure and construction projects, providing billions in contract opportunities for businesses of all sizes. While some agencies face budget adjustments, federal construction remains a priority, especially with projects tied to the Infrastructure Investment and Jobs Act (IIJA) and sustainability initiatives.

Federal contracts present an opportunity for stable, long-term work for small and mid-sized contractors. However, understanding the contracting process, positioning your business effectively, and identifying the right opportunities are key to success.

Imagine taking on a government contract without the risk of losing money on unexpected costs. Cost-reimbursement contracts make this possible by covering your expenses—plus a profit—while you focus on delivering results.

For small businesses, these contracts offer a safety net for unpredictable projects. But to take advantage of them, you need to understand the rules, the risks, and the right strategies to maximize profitability.

Time-and-Materials (T&M) contracts provide flexibility for both contractors and government agencies, making them a common choice for projects with uncertain scopes or shifting requirements. Instead of a fixed price, these contracts compensate businesses based on actual labor hours worked and material costs incurred.

Recent headlines about Elon Musk’s Department of Government Efficiency (DOGE) canceling more than 1,000 federal contracts and laying off thousands of federal employees have understandably caused concern among businesses. These cuts primarily impact consulting, DEI initiatives, and administrative support contracts, creating genuine uncertainty for many contractors.

The U.S. government spends billions annually on professional services, including video production, animation, and content creation. From military training videos to public service announcements, federal agencies need high-quality video production to educate, inform, and engage.

​Winning a government contract isn’t just about submitting a strong bid—it’s about understanding who’s making the decisions. In the world of federal procurement, Contracting Officers (COs) hold the keys to government spending. Whether you're bidding on a small contract or a multi-million-dollar award, the CO determines whether your company gets the deal.

This article will break down the role of a Contracting Officer, how they impact federal contracting, and what businesses can do to work effectively with them.

Imagine waking up to discover that $1.4 billion had vanished overnight. That’s exactly what happened when North Korean state-sponsored hackers infiltrated Bybit, one of the world’s largest cryptocurrency exchanges. This wasn’t just another cyber attack—it was the largest digital heist in history.

For years, North Korea’s infamous Lazarus Group has targeted financial institutions, particularly cryptocurrency exchanges, as a way to bypass global sanctions and fund the country’s nuclear ambitions. While crypto heists have become an unfortunate reality, this one sets a new precedent—not only in scale but in how it is forcing governments worldwide to rethink cybersecurity.