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
Watch the recording Here
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
Watch the recording Here
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
Watch the recording Here
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