We help companies navigate the complex pricing, accounting, and billing regulations that are unique to U.S. Government contracts. We use a business minded approach to help our clients address these requirements while achieving their profitability objectives.
The Victura Experience
Our goal is to become our clients’ trusted business advisors and build long lasting relationships with them.
Our typical clients range from middle-market companies to Fortune 50 corporations across a wide breadth of industries. Our senior leadership has over 35-years of experience advising both established government contractors and commercial companies that are pursuing their first contract.
Our team is comprised of finance and accounting professionals including CPAs, forensic accountants, and government contract regulatory compliance experts. This expertise allows our team to bridge the gap between financial accounting and government contract accounting requirements.
Additionally, our professionals have the technology skills needed to allow us to analyze large data sets and build dynamic financial models and cost accounting tools. As a result, we provide our clients with more thorough, complete, and accurate analyses, allowing them to make informed decisions.
The unique combination of our professional experience and expertise allows our team to provide valuable insight, practical business advice, and cost effective and innovative solutions to our clients.
- Federal Acquisition Regulation (FAR)
- FAR Agency Supplements (e.g., DFARS, GSAM, HHSAR, VAAR, etc.)
- Cost Accounting Standards (CAS)
- Truthful Cost or Pricing Data (formerly, Truth in Negotiations Act “TINA”)
- Internal Control Design & Implementation
- VA & GSA Federal Supply Schedule (FSS) Contracts
- Contractor Business System Requirements:
- Accounting Systems
- Estimating Systems
- Purchasing Systems
- Earned Value Management Systems
- Gov. Property Management Systems
- Material Management Systems
Engagements typically commence with an initial discovery and assessment phase to understand the client’s specific federal government contract issues, business needs, timelines, budget constraints, and desired outcomes in order to determine the appropriate services and impactful solutions that we can offer.
Plan of Action
Utilizing the information obtained from the Assessment, our team will develop a Plan of Action (i.e., work plan) to address and resolve the client’s challenge. The Plan of Action is developed based on the factors that are most important to your Company (e.g., speed of implementation, balancing internal vs. external work effort, cost recovery, administrative burden, compliance risk, etc.).
Based on the defined work plan we will assemble a Victura Team best suited to exceed our Client’s expectation. We leverage our regulatory expertise, practical business sense, and technology skills to work with your team to efficiently and effectively implement the identified Plan of Action.
Following completion of the Plan of Action, knowledge transfer from Victura to your staff is a key step to help sustain your Company’s on-going success. We will help facilitate this process in a manner that is most conducive for your team (e.g., walking through models, on-site trainings, webinars, transfer of work papers, developing procedures, etc.)
Victura’s business relationships are not based on ‘One and Done’ projects. Instead, we strive to maintain on-going relationships and serve as a readily available and reliable resource for your future business needs. Many of our existing Client relationships span many years (in some cases decades), in which we have provided on-going assistance for their key Government contracting needs.