Navigating the intricate world of government contracts and vendor requirements can be a daunting task. At RTH Worldwide, LLC, we understand the complexities involved in securing and maintaining government contracts, ensuring compliance with stringent regulations, and streamlining vendor management processes. Our dedicated team of experts is here to guide you through every step, enabling you to focus on delivering exceptional products or services while we handle the administrative burdens.

Government Contract Assistance

• Identifying and pursuing government contract opportunities
• Bid preparation and submission
• Contract negotiation and award management

Vendor Registration and Compliance

• Federal, state, and local vendor registration
• Maintaining up-to-date vendor profiles and certifications
• Ensuring compliance with government regulations and requirements

Invoicing and Payment Processing

• Accurate and timely invoice preparation
• Submission and tracking of invoices
• Facilitating prompt payment from government agencies

Audit Preparedness and Support

• Maintaining comprehensive records and documentation
• Preparing for audits and compliance reviews

Contract Cost Principles and Procedures

Compliance Assessment and Risk Evaluation for Cost Allowability

• Comprehensive review of your accounting practices and cost structures
• Identification of potential areas of non-compliance with FAR Part 31
• Risk assessment and development of mitigation strategies

Cost Accounting System Reviews

• Evaluation of your cost accounting system for FAR compliance
• Assistance in developing and implementing compliant cost accounting practices
• Preparation and support during government audits and reviews

Incurred Cost Submissions

• Guidance on preparing accurate and compliant incurred cost submissions
• Representation during government audits of incurred costs
• Defense of questioned costs and mitigation of potential penalties

Training and Education on FAR Cost Principles

• Customized training programs for your staff on FAR Part 31 requirements
• Ongoing education and updates on regulatory changes and best practices
• Development of internal policies and procedures aligned with FAR guidelines

Indirect Rate Calculations and Negotiations

• Assistance in calculating and substantiating indirect cost rates
• Preparation for indirect rate negotiations with government agencies
• Strategies for maximizing recovery of allowable indirect costs

Cost Impact Analysis and Planning

• Evaluation of the cost implications of proposed business decisions
• Proactive planning to ensure compliance and cost allowability
• Identification of potential cost savings and optimization opportunities