Experts at NeoSystems Urge SPARC Awardees to Get Prepared Before Task Orders Are Handed Down
Tysons Corner, Va. (October 13, 2016) – NeoSystems Corp, a Platinum Deltek Partner and a leading provider of managed services (Accounting, HR, Contract Management, IT), Hosting, and Strategic Systems Integration Consulting Services, announces the launch of its SPARC IDIQ online "Resource Center" and hands-on jump-start events to get awardees prepared to execute on contracts.
Awarded by the Health and Human Services (HHS) Centers for Medicare and Medicaid Services (CMS) in April 2016, the Strategic Partner Acquisition Readiness Contract (SPARC), and the Indefinite Delivery/Indefinite Quantity, (IDIQ) is a $25 billion performance-based contract. Although task orders have not yet been issued due to protests currently under review by the Government Accountability Office (GAO), the slight delay is giving SPARC awardees a rare opportunity to get key contract compliance elements in place and business systems synced for seamless contract execution.
As part of a larger effort to enable government contractors of all sizes with the necessary tools, updates, best practices, news and trends to deliver on large contracts, NeoSystems is launching a dedicated "Resource Center" and Readiness Kit.
For large, prime contractors, the SPARC award and delay might be ‘business as usual’ but for many of the small, minority and Women Owned Business (M&WBE) and HubZone contractors, this award presents a unique opportunity to take their business to the next level.
"Being able to deliver on a contract of this size and potential with HHS means that SPARC Awardees need to be fully operational with GovCon-compliant systems and processes,” states Michael Tinsley, CEO of NeoSystems Corp. “Ironically, fast and explosive growth is a real problem that contractors face because there are so many compliance and regulatory requirements. With a single delivery order, a company of 30 employees could triple or quadruple overnight. Most companies aren’t ready for this type of growth."
For 13 years NeoSystems has helped government contractors set up business operations in preparation for contracts of this magnitude. "Awards like this will require some of these companies to look at new or more scalable systems to take their business to that next level. A lot of things that work with 25 employees, such as semi-manual processes or spreadsheets built around an accounting system that is not designed for projects, don't work with 125 employees. NeoSystems Resource Center and Readiness Breakfasts will provide valuable tools to ensure that contractors understand what they need to have in place prior to task order award," Tinsley added.
Along with the Readiness Kit and Resource Center launch, NeoSystems will also offer three complimentary educational Readiness Breakfasts open to all government contractors who are either current IDIQ awardees or seek inclusion in future awards. All breakfast events will be held at the NeoSystems corporate offices in Tysons Corner, VA. Registration can be found below.
SPARC/IDIQ Readiness Breakfasts: www.neosystemscorp.com/events
The Basics of FAR and CAS - October 28th
The Trend Toward Traditionally Internal Functions as a Service - November 4th
Understanding the Basics of Rates and the Rate Cycle - November 10th
For more information on the breakfasts or for team registrations, please contact:
Elizabeth Jimenez, Director of Corporate Marketing for NeoSystems Corp
About the SPARC IDIQ
SPARC is a multiple award, Indefinite Delivery/Indefinite Quantity (IDIQ), performance-based contract. It is available to all components within Centers for Medicare & Medicaid Services (CMS) and all Health and Human Services (HHS) Operating Divisions to procure IT System development services, from end to end. The purpose of this contract is to provide strategic, technical, and program management guidance and support services, to facilitate the modernization of CMS business processes and supporting systems.
About NeoSystems Corporation
NeoSystems Corp., based in Tysons Corner, Virginia, delivers integrated strategic back office services and solutions to enable, run, and secure commercial entities, government contractors, and nonprofit organizations. Today, NeoSystems maintains a 97% client retention rate, supports 600 companies and over 70,000 employees with its outsourced services and NeoSystems' experts have implemented hundreds of fully integrated financial and business management systems. Utilizing best of breed technology and leveraging in-depth domain expertise in Accounting & Finance, IT, HR, Contract Management and Hosting (SSAE SOC1 & SOC2, NIST/DFARS, ITAR), the Neo team enables companies to improve vital operations, reduce their overhead costs and become compliant with complex requirements. NeoSystems is partnered with the world's leading software companies, including Deltek, NetSuite, Ultimate Software, IBM, and others to provide best-in-class solutions. NeoSystems is Deltek's first and only Platinum Partner. For the seventh consecutive year, NeoSystems has been named one of America's fastest growing private companies by Inc. Magazine. For more information, visit http://www.NeoSystemsCorp.com.
Source: NeoSystems Corp.