Government contractors operate in a highly regulated and rapidly evolving environment, where operational efficiency is critical to success. At Withum, our Government Contractors Services team brings deep expertise in emerging industry trends to help organizations navigate complexity with confidence. From tax planning and digital transformation to overhead rate audits and CMMC consulting, we serve as trusted advisors, empowering contractors of all sizes to strengthen operations and compete effectively in the federal marketplace.
Government contractor ERP and accounting systems must support compliance with FAR and Cost Accounting Standards, accurate cost tracking and cost allocations, and the efficiency of financial and management reporting.
Achieving CMMC compliance allows contractors to protect sensitive information, reduce the risk of cyber threats, and enhance their reputation within the defense industry. This certification not only helps in safeguarding their operations but also positions them as reliable partners in the defense supply chain. CMMC consulting ensures that contractors meet the stringent cybersecurity requirements set by the Department of Defense, which is crucial for securing and maintaining contracts.
Organizations following the latest CMMC news should be aware that on July 13, 2026, the Department of Defense (DoD) announced the immediate suspension of CMMC Phase II requirements, which had been scheduled to take effect on November 10, 2026. While the certification timeline has changed, Phase I self-assessment requirements remain fully in place. The DoD…
Recent regulatory changes are actively reshaping how small business government contractors compete, meet compliance requirements and pursue growth across the federal marketplace. The federal government has ordered a sweeping review of 8(a) contracts, leading to significant updates to Small Business Administration (SBA) programs. The Federal Acquisition Regulation (FAR) is undergoing a historic transformation, alongside revisions…
On March 4, 2026, the U.S. Small Business Administration (SBA) formally initiated termination proceedings against 628 firms participating in the 8(a) Business Development Program, marking one of the most significant enforcement actions in the program’s history. The action represents the latest escalation in a multi month compliance campaign led by SBA Administrator Kelly Loeffler, aimed…
The Federal Acquisition Regulation (FAR) has long served as the backbone of federal procurement, guiding how the U.S. government acquires goods and services. However, after more than four decades of incremental updates and mounting complexity, the FAR is undergoing a historic transformation. The Revolutionary FAR Overhaul (RFO), initiated under Executive Order 14275, marks the most…
In mid‑January 2026, Defense Secretary Pete Hegseth released a video announcing an extensive Department of Defense review of sole-source contracts awarded under the Small Business Administration’s 8(a) Business Development Program. His message signals significant oversight shifts affecting thousands of small, disadvantaged businesses. The 8(a) program is a business development initiative by the Small Business Administration…
Withum’s Government Contractors Services Team works with businesses in virtually all industries. From technology and construction to base operation staff, manufacturing, architecture and engineering, healthcare and pharmaceuticals, we pride ourselves on our core knowledge of the regulatory environment.
We are more than accounting professionals we are business advisors dedicated to the growth of your organization.
Our Government Contractors team includes:
For more information or to discuss your business needs, please fill out the form and a member of our team will connect with you in a timely manner.