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Forbes
28 minutes ago
- Forbes
3 Tips To Help Government Contractors Finish The Year Strong
Dennis DuFour is President of TDEC, a business process service provider. He leads the company's growth in the commercial and public sectors. As a government contractor, the first half of 2025 was marked with numerous challenges. The recent reduction of the federal government and layoffs left the contractor community on edge, not knowing what might come next. It's also created a communication void between the government and contractors, as normal channels changed with the reductions in force. Now that we are in the midst of summer, this period of uncertainty appears to be coming to an end, positioning experienced contractors nicely for the second half of 2025. The timing of this revival is advantageous. The federal government fiscal year ends on Sept. 30, and the government will want to book allocated funds before the end of the year. Any funds left unspent are forfeited, and the following year's budget is reduced. As a long-time government contractor and the head of a multi-generational, family-owned business, it will take the right mindset to make the most of the remaining year. If I were giving the half-time pep talk, I'd tell my colleagues and compatriots to stop being firefighters and become fire starters! Now is the moment to drive work to existing contract vehicles and be prepared to respond to new, quick-turn opportunities. Here's how: Focus on building and maintaining relationships. Work quickly to touch base with remaining contacts and past contracting officers, particularly if you have best-of-breed contract vehicles. These contracts are pre-negotiated to facilitate a smoother start and should be featured in your talking points and marketing, so government buyers know how to access your services. And consider speaking directly with the program offices that have the greatest need—often through a request for information or a sources-sought notice. Anticipate potential opportunities. In addition, proposal teams should review historic data to prepare for the number of opportunities that will arise over the next few months. Realistically, the government will need at least 30 days to review proposals and make a source selection decision. That means the proposal activity timeline will be hottest during the peak of summer, from July 1st to August 30th. Explore new tools to communicate your value. Summer prep should focus on clearly explaining your services and value, assembling the right resources and organizing your response. If you haven't used templates, proposal management centers or a compliance matrix for proposal writing, consider them now. If you have underutilized staff due to contract cuts, consider having those employees utilize their network and market intelligence to help identify new opportunities. You may even want to consider offering incentives to encourage purchases before the end of the fiscal year. As a business owner, it's been tough not to feel discouraged by the first half of the year. However, there are opportunities on the horizon, and we have a lot of ground to make up. So, take a deep breath, polish your pitch and be prepared for a surge of activity over the next 60 days. Being in business is far better than being out of it. Let's start some fires and win some business. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?


Washington Post
28 minutes ago
- Washington Post
Cyber warfare has arrived. Here's the United States' best defense.
Elise Stefanik, a Republican, represents New York's 21st District in the U.S. House of Representatives and serves on the armed services and intelligence committees. Stephen Prince is CEO of TFG Asset Management. Cyberwar is no longer a future threat — it is today's front line. Whether at the fingertips of Iran, Russia or, most concerningly, China, cyber conflict is now the continuation of war by other tools: malware, phishing campaigns, zero-day attacks and more. As the recent global hack of Microsoft servers showed, in this era, fire walls matter as much as firepower.


Bloomberg
28 minutes ago
- Bloomberg
Russian Citizen Gets Six-Year Sentence for Spying in Estonia
An Estonian court has sentenced a Russian citizen to six and a half years for spying and sanctions violations. Pavel Kapustin was found guilty of gathering intelligence for Russia's FSB security agency between 2022 and 2024, transporting sanctioned luxury goods to Russia and providing false information to obtain an Estonian residence permit.