Jennifer Schaus & Associates SERVICES FOR US FEDERAL GOVERNMENT CONTRACTORS
WEBINAR WEDNESDAYS – 2018 WASHINGTON, DC OFFICE PHONE: 2 0 2 – 3 6 5 – 0 5 9 8
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
Join Us for Our 2018 Series of Complimentary Webinars on various US Federal Government Contracting Topics. Presenters are industry experts sharing knowledge about the competitive government contracting sector. Find all of our Govt Contracting webinars (free download) at www.JenniferSchaus.com
Contact Us @ 2 0 2 – 3 6 5 – 0 5 9 8
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
REMINDERS: All webinars are complimentary. All webinars are recorded. They are found on our website and on YouTube. Please send your questions to the speaker directly. Thank you for participating.
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
ABOUT JENNIFER SCHAUS & ASSOCIATES: - Based in downtown Washington, DC; -
A la carte services for Federal Contractors;
- Proposal Writing to GSA Schedules, 8a Cert, Contract Admin & more!; Educational webinars; -
Networking events and seminars;
WEBSITE: http://www.JenniferSchaus.com
Our Upcoming Events: Tuesday, JAN 15 – 2019 CLASS:
Strategies For Teaming, Partnering & Sub-Contracting https://www.eventbrite.com/e/strategies-for-teaming-partnering-sub-contracting-tickets-51163654869
Tuesday, JAN 29 – 2019 CLASS:
Introduction to GSA Schedules https://clients.virginiasbdc.org/workshop.aspx?ekey=140380091\
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
In our weekly newsletter OR In our 2019 Webinar Wednesday Series Contact Mallory.Flowers@JenniferSchaus.com for more information
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
ABOUT OUR SPEAKER: Marc Snyderman, Esq. - # of Years In GOV CON: 20+ - Education: B.A. Dickinson College, J.D. Rutgers School of Law and Executive Certificate in Business – Notre Dame University - Company Name: Snyderman Law Group, PC
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
Introduction to the Federal Budget Wednesday, December 19, 2018
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
AGENDA • What’s the Constitution Say? • Fiscal Law Principles • The Budget Process • The Deficit • Practical Tips
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Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
WHAT’S THE CONSTITUTION SAY? • Congress has the “power of the purse” • • • •
Raise revenue Borrow funds Appropriate proceeds to Federal Agencies Establish restrictions and conditions on use of funds
• No money can be drawn from the Treasury without an appropriation made by law – Art I, §9
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
FISCAL LAW PRINCIPLES • Purpose Statute says that agencies shall apply appropriations only to the objects for which the appropriations were made (31 USC § 1301) • Anti-deficiency Act authorizes administrative and criminal sanctions for unlawful obligation and expenditure of appropriated funds
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
BASIC FISCAL LIMITATIONS • Agency may obligate and expend appropriations only for a proper purpose • Agency may obligate only within time limits applicable to the appropriation (e.g. O&M 1 FY) • Agency may not obligate more than amount appropriated by Congress
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
FISCAL LAW PHILOSOPHY • “The established rule is that the expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress.” US v MacCollom 426 U.S. 317 (1976)
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
Navy
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ACCOUNTING CLASSIFICATIONS
Procurement, Aircraf
Your text here
FY2000
http://acqnotes.com/acqnote/careerfields/appropriation-categoriesfm
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
Type of Funding
COLOR OF MONEY
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Years Available
Funding Policy
2
Incremental
3 or 5 for Ships
Full
Operation and Maintenance
1
Annual
Military Personnel
1
Annual
Military Construction
5
Full
Research, Development, Test and Evaluation Procurement
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
5 KEY STEPS IN THE BUDGET PROCESS President submits budget request to Congress House and Senate pass budget resolutions House and Senate appropriations committees “mark up” bills House and Senate vote on appropriations bills and reconcile differences • President signs each appropriations bill into law • • • •
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
Only 1977, 1989 1995 and 1997 all appropriations passed
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THE BUDGET PROCESS
https://astrobites.org/2012/12/26/introducing-the-federal-budget-process/
WHEN THE BUDGET PROCESS FAILS • If appropriations bills not signed by Sept 30 what happens? • Omnibus Bills • Government Shut Down • Continuing Resolution – fund at the same level as prior year • •
Since FY1998 average is 5.5 CRs per year Since FY2006 3 times CR has been used for full year stopgap
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
WHAT ABOUT THE DEFICIT?
https://www.zerohedge.com/news/2018-12-13/us-reports-biggest-ever-budget-deficit-november
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
DEFICIT CREATES NEW LAW • Budget Control Act of 2011 • $917 billion of cuts directed over 10 years • Created the “sequester” – mandatory across-the-board cuts from 2013 – 2021 equal to difference between $1.2 trillion and budget reduction proposed. • Debt Ceiling •
Currently suspended until March 2019 by President Trump – over 20 Trillion. Kicks sequester down road to Oct 1 2019 as well.
Jennifer Schaus & Associates – GOV CON WEBINAR SERIES - 2018 - WASHINGTON DC
www.JenniferSchaus.com
WHAT GOVCONS NEED TO KNOW • Pay attention to potential shutdowns and talk to your customers • The CR is the norm • Customers will hold money throughout the year – be ready with contract space in August – start the convos earlier • Help your
THANK YOU FOR ATTENDING!!
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QUESTIONS? CONTACT OUR SPEAKER : MARC SNYDERMAN, ESQ. AT 646-242-3862 AND AT MARC@SNYDERMANLAWGROUP.COM
SERVICES FOR US FEDERAL CONTRACTORS
OFFICE: 2 0 2 – 3 6 5 – 0 5 9 8