GovConNet Resources

The Government Shutdown: What Contractors Should Know

At the onset of our first government shutdown in almost two decades, government contractors may find themselves wondering what this will mean for their business. While much of the impact of the shutdown will depend on how long it lasts, there are things all contractors can do to put their business in the best position going forward. CLICK HERE to visit a pertinent article on Aronson LLC's FedPoint Blog and read up on current shutdown issues. The article also contains a link to a free whitepaper, published in 2011, that will help you determine the impact of the shutdown and actions you can take.

 


Free iPhone app that enhances visibility and tracking of Government contracting opportunities and competitors 
CLICK HERE TO DOWNLOAD

The app was created by a local company and pulls data from FBO and USASpending. Discussed recently: Washington Post.

 


(Free) NIST Cloud Computing Industry Day - October 9, 2013
CLICK HERE FOR MORE INFORMATION


AFFORDABLE CARE ACT: 10 THINGS FOR GOVERNMENT CONTRACTORS WITH 2 - 50 EMPLOYEES TO CONSIDER

  1. Exchanges go live on October 1, 2013 for a January 1, 2014 effective date for the Individual Market and January 1, 2014 for a March 1, 2014 effective date for Small Group.
     
  2. Exchange notices must go to your employees by October 1, 2013, and you need to have a communications strategy about all the Affordable Care Act changes.
     
  3. Plan benefit selections may be subject to a Cadillac Tax implemented in 2018. The Cadillac Tax is a 40% excise tax on high cost health plans.
     
  4. Maximum waiting period is 90 days for benefit eligibility.
     
  5. All current waivers may join your medical plan which will raise your fringe rate.
     
  6. Health Care Reform sets the minimum number of hours worked at 30 hours to be eligible for benefits.
     
  7. Individual plans may be more a affordable option depending on your State.
     
  8. All new rate structure is  effective January 1, 2014 for Small Group. Each employee will have a different rate (i.e. no more composite rates). You will need to capture dependent information on your employee census to shop plan rates.
     
  9. How will you set your employer contributions towards the premium if each employee has a different premium?
     
  10. How will multi-location plans be affected and what are your options under the exchanges?

August 22. 2013

Tagged in: