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prime contractors Tagged Articles
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The Role of Small Business in Unmanned Systems Development
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| Getting funding for developing technology is tough, always has been and always will be. Unmanned systems (robotic and remote control) technology is no exception, but it has an advantage: there is great interest in having machines do work in hazardous situations where human safety is at risk. Who gets the contracts for developing these new technologies that the DOD says it wants? Federal investment in research and development has always focused on big business and top-tier prime contractors. This article shows how small businesses can avail themselves of opportunities created just for them via Small Business Innovation Research (SBIR). |
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Other prime contractors Related Articles
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Genral Information
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| The U.S. Small Business Administration (SBA) can guarantee bonds for contracts up to $2 million, covering bid, performance and payment bonds for small and emerging contractors who cannot obtain surety bonds through regular commercial channels. SBA's guarantee gives sureties an incentive to provide bonding for eligible contractors, and thereby strengthens a contractor's ability to obtain bonding and greater access to contracting opportunities. A surety guarantee, an agreement between a surety and the SBA, provides that SBA will assume a predetermined percentage of loss in the event the contractor should breach the terms of the contract. |
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OFCCP Compliance: Understanding the OFCCP’s new ruling on Internet Applicants
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| OFCCP Ruling at a Glance
The Internet Applicant final rule, issued by the Office of Federal Contract Compliance Programs (OFCCP), addresses recordkeeping by Federal contractors and subcontractors about the Internet hiring process and the solicitation of race, gender, and ethnicity of "Internet Applicants." As of February 6, 2006, contractors must keep records in compliance with these new OFCCP regulations. |
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General Contractors Liability Insurance, Certificates of Insurance, the Misnomers
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| General Contractors Liability Insurance, Additional Insureds, Certificates of Insurance, the Misnomers.
Regarding General Contractors Liability Insurance and General Liability Insurance Certificates, there is a grand misnomer running rampant through the construction industry in NY, NJ and MA.
I only speak about these states because I am familiar with their laws as they apply to the insurance, construction industry and the labor law. Please check your federal (OSHA), state, city and local government for laws as they apply to the construction industry and the labor law. |
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The Role of Small Business in Unmanned Systems Development
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| Getting funding for developing technology is tough, always has been and always will be. Unmanned systems (robotic and remote control) technology is no exception, but it has an advantage: there is great interest in having machines do work in hazardous situations where human safety is at risk. Who gets the contracts for developing these new technologies that the DOD says it wants? Federal investment in research and development has always focused on big business and top-tier prime contractors. This article shows how small businesses can avail themselves of opportunities created just for them via Small Business Innovation Research (SBIR). |
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Mortgage Rates And Subprime Crisis – An Overview
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| The global subprime crisis had such far-reaching implications that it is impossible to spell out in a few sentences the large-scale affect it caused on the economy of the world. As expected, Canada too did not escape the worldwide wrath. The fallout has been extensive. Today, money borrowers are bombarded with terms such as prime mortgage rate and subprime mortgage rate. What do these expressions mean? A rudimentary understanding of different types of credit is as much essential as getting to know of terms such as Canada prime mortgage rate. First here is some nitty gritty of what prime interest rate is. |
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Employee vs. Independent Contractor - How to Correctly Classify Workers and Avoid IRS Employment Tax Audits
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| Employers must beware of the federal and state crackdowns on the use of independent contractors to avoid payroll tax problems and employment tax audits. But how do you distinguish between independent contractors and employees? More importantly, how does the IRS determine who owes unpaid employment taxes and who doesn't? Consider these tips to make correct determinations of worker classifications and avoid the wrath of IRS audits for unpaid employment back taxes and payroll tax problems. |
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Women in business
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| I was speaking to someone from overseas the other day and he said he never thought he would see the day when Australia elected a female Prime Minister. His perception of Australia was that our culture was very ‘blokey’. So you would think that the appointment of Prime Minister Julia Gillard was the result of great change, an indication of how successful women have become in the workforce. Think again. In the recently published report by the Equal Opportunity for Women in the Workplace Agency it made clear that the number of female key executive managers and board directors in the ASX 200 has hardly changed over the past eight years. In comparison with New Zealand, the UK, Canada, the US and South Africa, Australia has the lowest percentage of women in the most senior positions.
So what exactly is going on?
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Independent Contractor vs. Employee
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| Many business owners have used independent contractors when appropriate and especially when the needs are part time and/or irregular hours. Using independent contractors can save the business owner on payroll taxes and can be a plus if the need is occasional. |
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BEST PRACTICES WHEN USING SUBCONTRACTORS
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| Contractors take great care to make certain that their subcontractors have the necessary skills to perform their craft. Unfortunately, many contractors are less informed about best practices for the business relationship with their subcontractors. Without taking as much care to ensure a solid business and legal relationship, contractors put their customers, their business, and themselves at great risk of failure. This article reviews the financial, insurance, entity, and contractual guidelines contractors need to consider. |
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INDEPENDENT CONTRACTORS ATTRACT INCREASED SCRUTINY
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| Government agencies, running record deficits, look to companies' use of independent contractors as a source for increasing revenues. Business sees independent contractors as providing much needed staffing flexibility. Taxing agencies consider independent contractors as tax cheats and force business owners to become enforcers of government tax policy.
This article explores the criteria businesses need to follow to avoid a finding that your independent contractors are actually employees resulting in assessments for past taxes, penalties, and interest. |
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