Government Shutdown FY 2024
Impact on Government Contractors
When anticipating a federal government shutdown, government contractors should take proactive steps to minimize potential disruptions and financial hardships. While the specific recommendations may vary depending on your industry, contract, and circumstances, here are some general steps to consider:
- Stay Informed
- Assess Contracts
- Contact Contracting Officers
- Financial Planning
- Supply Chain Management
- Employee Planning
- Contract Modifications
- Legal and Compliance
- Document Everything
- Develop a Shutdown Plan
- Cybersecurity
- Contingency Staffing
- Public Relations
- Advocacy
- Diversify Contracts
Each contractor’s situation is unique, and the best course of action may vary. Consulting with legal, financial, and industry experts can provide valuable guidance tailored to your specific circumstances. Additionally, staying adaptable and prepared for unexpected challenges is crucial in navigating government shutdowns as a government contractor.
Washington APEX will be hosting a client-based zoom meeting to address this situation. This meeting will go over some key points and concerns about small business contractors who are dealing with a federal government shutdown.
Intended Audience: Staff, clients, support organizations
Speaker: Terry Homburg
Moderator: Leslie Miller
Registration: recorded session https://washingtonapex.ecenterdirect.com/events/853882
Resources available once you register
