Government Contract Project Management
Project Partners Tailors Applications to Fit Government Contracting Firms Without Customizations
Our in-depth knowledge of the world's leading Project Portfolio Management software enables Project Partners consultants to tailor and extend our customers' systems to a perfect fit, avoiding customizations whenever possible.
For our Oracle Applications customers we expertly leverage the Client Extensions technology: supported, pre-defined user exit points. The result is perfect-fit software with code that is preserved upon upgrade. This is a clear advantage over customizations that can break every time a patch is installed.
Take a look at some of the industry-specific extensions below to get an idea of what we can do for you.
Bill when Paid – This extension was developed to meet a requirement to bill the customer for supplier costs only once they have been paid. The Billing Extension solves this requirement by putting expenditure items on hold that have not been paid by checking the payment status in Oracle Payables. Once the item has been paid the extension removes the billing hold.
Cost Plus Fixed Fee – Cost Plus Fixed Fee is a method of billing common in the Aerospace, Defense and Government Contracting industries. The fee portion of the invoice is generally based on a percentage of cost. Capturing the fee percentage and the eligibility for the timing of the fee billing are some of the requirements involved in CPFF billing. Another is Retainage. Typically a percentage of the fee is not billable until the contract and all post-contract audits are completed. A Billing Extension is used with other components to handle all aspects of the CPFF requirements including Fee Calculation and Retainage handling.
Progress Billing – Another method of billing common in the Aerospace & Defense industries is Progress Billing. It is fundamentally designed to reimburse contractors for a portion of their incurred costs prior to the delivery of the goods or services being contracted for. Some of common requirements of Progress Billing may be:
- Withhold billing on items that have not yet been paid for. (i.e., Payables status).
- Liquidation of progress billed amounts for DD250 invoices when the product is delivered.
A Billing Extension is used to handle the calculation of the Progress Billing amount less withholds and to handle the creation of liquidation events for DD250 invoices.
Labor Costing using Actual Labor Rates – This extension was developed to meet a requirement to calculate actual labor cost by employee using salary information from Oracle Human Resources. During Labor Distribution the costing extension retrieves the actual base salary information for the employee and determines the base labor rate per hour as (Weekly Salary / Total Hours). This enabled our client to better meet DCAA requirements for their government contracts. Without this extension one would need to maintain actual labor rates by employee in the Oracle Projects labor rate detail screen. In addition, the extension is able to calculate the actual labor rate per hour even as total hours per week change for exempt personnel. For example, a $1000/wk exempt salaried employee may work 40 hours one week and 45 hours the next week. This labor costing extension will cost 40 hours X 25 = $1000 for week one and 45 hours X 22.2222 = $1000 for week two.
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