Overview of the Series
This workshop series “Preparing for Public Projects w/The Interstate Bridge” and will focus on all things you need to know about preparing for your business’ taxes specifically with government contracting.
Laying the Groundwork for the I5 Bridge
Watch the recording Here
You will learn:
- What is the Interstate Bridge Program
- Background of the program
- Program details
- How you can be part of it
- Next Steps and Resources
OMWBE Certifications: Why They’re Important and How to Obtain Them
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You will learn:
- The importance of certification
- Specific eligibility requirements
- How to get started with the certification process for both state and federal
- State Certifications (MBE, WBE, MWBE, CBE, SEDBE)
- Federal Certifications for US Department of Transportation (DBE, SBE, ACDBE)
- How to ensure a smooth application process
- About the new Public Works Small Business Enterprise (PWSBE) Certification
Accounting Principals: Preparing for Government Contracting
Watch the recording Here
You will learn:
- Accounting Basics
- Difference between profits and cash
- Understanding your financial fitness
- Managing growth and resources (good records)
- Public Works requirements
- Monitoring financial results
- Establishing an advisory team
Finance: Expanding for Bigger Projects
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You will learn:
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- What types of capital access are available
- Credit worthiness for financing (Loan Readiness & Requirements)
You will have an opportunity for:
- Breakout sessions with each lender
- Q&A’s to the most commonly asked questions about business financing
This will be an online 1 hour presentation with 30 minutes available for Q&A
Primary Presenters:
Marc Timm, Columbia Credit Union
Steven Phan, Craft3
Ajnesh Prasa, Banner Bank
Taxes: Government Contract Closeout Procedures
Watch the recording Here
You will learn:
- What is the contract closeout process?
- When is my retainage released?
- What are the contractor’s responsibilities in the closeout process?
- Is my project retail sales taxable or public road construction taxable?
- Are there different expectations for a General Contractor and Sub Contractor?
Primary Presenters:
Kim Deyo
A Guide to Teaming
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You will learn:
- What is possible through teaming on Public Works Projects (NON-Federal)
- How to covince a prime to put you on their team
- Tips and tools for building relationships and capacity
- About WDOT’s Capacity Building Mentorship Program
- From an Attorney on JV and teaming legal considerations
You will have an opportunity for:
- Q&A’s to the most commonly asked questions on teaming from leading GovCon experts
This will be an online 1 hour presentation with 30 minutes available for Q&A
Primary Presenters:
CEO & Founder of Govology, Carrol Bernard
CEO & Founder of RSM Federal, Joshua Frank
WSDOT’s Capacity Building Mentorship Program, Brooke Leslie
CEO & Founder of Reaves GovCon Group, Attorney Brad Reaves
How to Attract, Hire, and Retain Talent
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You will learn:
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- Actionable steps that you can take to improve jobs for your current and future employees.
- Financial resources and support available through WSW’s programs to help you recruit, train, and retain workers.
- What brings the best out of an employee, boosts morale and productivity in the workplace, and helps create equitable prosperity in the community.
You will have an opportunity for:
- Q&A’s to the most commonly asked questions about HR hiring practices from leading HR experts
This will be an online 1 hour presentation with 30 minutes available for Q&A
Primary Presenters:
Erin Roe of Salsbury & Co
Darcy Hoffman of Workforce Southwest Washington
Bonding & Insurance Capacity Building
Watch the recording Here
You will learn:
- The importance of Working Capital
- CPA statements, WIP’s & project management: the unseen drivers
- Gaining a helping hand with the Small Business Administration & Protégé program
- Knowing the market & Broker Relationship
Primary Presenters:
Stefan Engelhardt, Brown & Brown, Inc
Brought to you by: Columbia River Economic Development Council (CREDC) and WA APEX Accelerator Advising
Indirect Cost Rates & The Safe Harbor Program
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This workshop is a part of our workshop series “Preparing for Public Projects w/The Interstate Bridge” and will focus on all things you need to know about indirect cost rates and the safe harbor program.
You will learn:
- In-depth Safe Harbor Training
- How to ensure FAR part 31 compliance
- Documentations needed for Safe Harbor graduation
- What to expect after graduating from the Safe Harbor program
- How to develop and maintain indirect cost rates
Primary Presenters:
Lamin Ceesay WSDOT Safe Harbor Program Audit Specialist
Diana Strassmeier, CPA, CCIFP—Aldrich CPAs + Advisors LLP
Brought to you by: Columbia River Economic Development Council (CREDC), WA APEX Accelerator Advising, and the Interstate Bridge Replacement Program (IBR)
A Bridge Project Necessity: Insurance
Watch the recording Here
Did you know the Longshore & Harbor Worker’s Compensation Act applies to your business if you perform work on or around “navigable” waterways?
This workshop is a part of our workshop series “Preparing for Public Projects w/The Interstate Bridge” and will focus on all things you need to know about special insurance to work around navigable waterways.
You will learn:
- Details of the Longshore & Harbor Worker’s Compensation Act
- Why special insurance is needed for navigable waterways
- Consequences of not having the appropriate insurance coverage
- SBA contact information to confirm if your firm is subject to the Longshore & Harbor Worker’s Compensation Act
- Where to find surety companies to purchase insurance policies
Primary Presenters:
Terry Homburg
A retired federal Contracting Officer with 29 years of experience. He shares real life examples of what works and what does not work in government contracting
Brought to you by: Columbia River Economic Development Council (CREDC), WA APEX Accelerator Advising, and the Interstate Bridge Replacement Program (IBR)
