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  • 13 Jan 2017 2:51 PM | Myra Cisse

    Most of you know of my banking background so today’s topic - Department of Treasury - was rather exciting for me to delve into.  The Department of Treasury is responsible for economic, financial, tax, and fiscal policies.  The main thing I think of when it comes to this department is the manufacture of coins and currency, but they do a lot more than print money.  Nine key agencies make up the Department of Treasury and these agencies support various functions of the Treasury.  

    The US Mint, Bureau of Engraving and Printing and the Bureau of the Public Debt deal with the money in production and circulation and the debt instruments.  The US Mint was created on April 2, 1792, when the new Congress passed The Coinage Act.  The Mint was the first federal building erected under the Constitution and their job today remains the same, to coin money.  The Bureau of Engraving and Printing has the daunting task of producing Federal Reserve Notes.  They print billions of dollars each year for delivery into the Federal Reserve System.  The purpose of the Bureau of Public Debt is to borrow money to operate the federal government, account for the debt and provide reimbursable support to other federal agencies.  They borrow by selling Treasury bills, notes, bonds and US Savings Bonds

    The Internal Revenue Services is the nation’s tax collection agency.  The IRS’s mission is to help the compliant taxpayers understand the tax law while ensuring the noncompliant few pay their fair share (remember this is information I am gathering from public sources and presenting to you.  In short, don’t shoot the messenger, lol).  Love ‘em or hate ‘em, the IRS is one of the world’s most efficient tax administrators.  In the fiscal year 2010 they collected $2.3 trillion in revenue and processed 230 million returns.  In the same year, they spent just 53 cents for each $100 collected.  Evil genius or efficiency, you decide

    The 1800 employees in the Financial Management Service provide central payment services to Federal Program Agencies operate the government’s collection and deposit system and oversee daily cash flow of $89 Billion.  This agency provides accounting and reporting services and collects delinquent debt owed to the government.

    The Alcohol and Tobacco Tax Trade Bureau is charged with collecting excise tax on alcohol, tobacco, firearms and ammunition.  They also ensure compliance with tobacco and alcohol permitting, labeling and marketing requirements to protect consumers.  This agency is the newest in the Department of Treasury and was formed in January 2003 when the Bureau of Alcohol, Tobacco and Firearms (ATF) was reorganized under the provisions of the Homeland Security Act of 2002.

    The Bureau of Consumer Financial Protection is designed to make the consumer financial products and services work best for you.  They educate consumers about predatory or abusive practices, they enforce consumer protection laws and they analyze data to better understand consumer, financial service providers and the market.

    The last two we should all remember well from 2008.  The Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervision (OTS) both handle the supervision and regulation of banks, savings and loans, thrifts, etc.  The OTS is the agency that shut down Washington Mutual bank, the largest thrift in the nation.  Supervisory responsibility for federal savings associations transferred from the OTS to the OCC on July 21, 2011.  The OCC is the watchdog for banks and has the power to examine national banks and federal thrifts, approve or deny applications for new charters, take supervisory action against noncompliant banks or thrifts and issue rules and regulations governing investments, lending and other practices.

    The Treasury Department, as you can see, packs quite a punch.  They print, coin and borrow money, control financial institutions, enforce taxation, provide central payment solutions, and protect our consumer rights regarding financial products.  Look further into each of these agencies to uncover contracting opportunities that may exist for you.  Keep in mind that certain functions, like printing money, will never be outsourced.

  • 11 Jan 2017 2:56 PM | Myra Cisse

    You may be familiar with several different agencies within the government like the Department of Education, Department of Justice and Department of Defense; but what about those departments that are not so commonplace, like the Department of Interior.  I mean, what the heck do they do anyway?  By the way, it has nothing to do with interior design.  Not that I thought that or anything.

    That got me thinking.  If I’m in this stuff every day and I am not familiar with some of it, surely you may have some questions.  I discovered there are 15 Executive Departments under the Federal Executive Branch of the government and a host of Independent Agencies and Government Corporations.[1]  I have decided to address one department every week for the next several weeks.  This way, you’ll learn about what the department does, what agencies provide support to that department and, most importantly, how you can position your company to the department and related agencies.  This should be able to shed some light on the recurring question, “What Agency is buying what I do/make/sell?”   

    The first one up for discussion - in no particular order - is the Department of Interior.  This department is responsible for managing and conserving most federally owned land.  As an aside, I wonder why they don’t call themselves the department of exterior, wouldn’t that make more sense?  Come on, the Department of Education is about education, the Department of Labor is about the work force, but the Department of Interior preserves exterior spaces?  Really?  I can’t have been the only one confused, but I digress.

    There are several key agencies that are associated with the Department of Interior.  They include the Bureau of Indian Affairs, Bureau of Land Management, Bureau of Reclamation, Fish & Wildlife Service, Geological Survey (USGS), Mineral Management Service, National Interagency Fire Center, National Park Service and Office of Surface Mining, Reclamation & Enforcement[2].  Although some of the agency names are self-explanatory; others, not so much.  The Bureau of Land Management, for example, not only manages recreation and conservation of federally owned lands, but also wild horses and burros - crazy right?  The Bureau of Reclamation manages water in the West and is the second largest producers of hydroelectric power.  The Mineral Management Service is charged with environmentally and economically responsible development of our offshore resources.

    So let’s think of the possibilities.  Veterinarians, Firefighters, Drilling experts (both offshore and surface), Engineers, Geological experts, Landscape Design firms, and any company that provides the equipment needed in any of these fields.  These are all needs that the aforementioned agencies and this department would have, but that doesn’t even begin to scratch the surface.

    I know you’ve heard it before and you’ve probably read it from me a few times in the past.  The federal government buys EVERYTHING!  Peering into this one department and its nine key agencies has proven how true that statement is.  Tune in next week as we dive into another department and see what contracting opportunities may be waiting for you.

    [1] http://www.usa.gov/Agencies/Federal/Executive.shtml - Federal Executive Branch

    [2] http://www.usa.gov/Agencies/Federal/Executive/Interior.shtml# - Department of Interior information with link to the 9 associated agencies

  • 16 Nov 2016 7:11 PM | Abraham Xiong (Administrator)


    We've all been waiting for this. For the longest time, the SBA's Mentor Protege Program was only available to 8(a) Certified companies. Even though multiple legislations were passed for the expansion to include other certified companies years ago, it's finally here. 

    Not only can 8(a) companies, but now, Service Disabled Veteran Owned Small Businesses (SDVOSB), Women Owned Small Businesses (WOSB), and Hubzone companies all have the same opportunities to utilize the Mentor Protege Program.

    So what does this mean for your company? If you're a small business, then you have an opportunity to set up a formal MP Agreement with large companies to assist your company. If you're a large company, then you now have access to more contracts normally reserved for set-aside programs. In a MP Joint Venture, both the large and small companies can now pursue more projects together. Large companies can better meet their subcontracting goals and small companies can go after bigger sized projects.

    GCA is hosting a FREE webinar on the expansion of the Mentor Protege Program.  Register to attend one of the upcoming webinar here: 


  • 16 Nov 2016 10:58 AM | Abraham Xiong (Administrator)

    GCA Leads Trade Delegation of USA Government Contractors to South Korea

    To grow your business, sometimes you must think out of the box. Out of the box may mean taking your business out of the USA market. This is exactly what 10 companies are doing as they join the Government Contractors Association (GCA) on a trade delegation from the United States to Seoul, South Korea.

    On December 4th – 9th, GCA will lead a Trade Delegation from the USA to the Global Public Procurement Marketplace Event in South Korea (GPPM). This delegation of US companies will be on the grounds in South Korea to engage and explore the possibilities of collaborating with Korean companies. This is an initiative set up by Sungshin Women’s University, GCA, G-PASS members, and the Korean government’s Public Procurement Service, similar to the General Service Administration, here in the USA.

    In a competitive global market, you need an edge over your competitors. One way to do that is to source out potential partners domestically. Most government contractors understand that teaming and joint venture partnerships are essential to the long-term success in the government market. No one company has the bench or resources to not utilize a cooperative teaming approach. Based on our research, we estimate that over 70% of all government related projects require some type of partnership efforts. Whether it is a large prime working with subcontractors or two small businesses teaming together to provide the best solution to the government.

    As such, since most businesses are already sourcing teaming arrangements domestically, why not explore the international market. And if you’re considering international trade, why not do it with a collaborative effort with the University and the Government of the country which you’re sourcing from. You may think, why should I consider this? Well, some possible advantages are:

    • Better Pricing: You might get better pricing sourcing directly from the international manufacturer than through a 3rd party distributor.
    • Minimized Risk: There will always be risks in doing business, especially internationally. In this situation, it is better to work through a University and through the Korean Public Procurement Service agency than to go directly to international companies. An element of trust and more transparency will have been already established by the organizers to engage the trade delegation.
    • New Technologies/New Products: When you’re meeting with and exploring new partners, you’ll be in a position to better source out new technologies and new products. New ideas and improved technologies can come from anywhere in the world.
    • Gained Knowledge/New Relationships: At a minimal, a well-traveled business owner will always have better perspective in a competitive landscape. In a trade delegation, like this one, entrepreneurs will gain valuable insights and new relationships which can lead to future growth opportunities.

    Abraham Xiong, President of Government Contractors Association says, “We’re deeply honored to be working with our international partners, the Korean Public Procurement Service and Dr. Mankin Kim of Sungshin Women’s Univerity. We hope that this trade delegation will add value to our members, the 10 trade delegation companies, the Korean companies, and our partners with the Global Public Procurement Marketplace.”

    This trade delegation is the first one with another trade delegation which will take place in 2017. The goal of this trade delegation and future trade delegation is to explore the possibilities of finding synergies between international companies as they seek to grow and expand internationally.

    If you or someone you know is interested in being part of a future trade delegation, you may reach out to Myra Cisse at 404-955-8080 or by email at: myra@govcontractors.org.

    About the Author: Abraham Xiong serves are President of Government Contractors Association. He is a small business advocate, utilizing his entrepreneurial experiences to help small businesses to learn, access and grow their companies in the government market.

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