Emerging Technology
PR Newswire | August 04, 2023
Global IT research and advisory firm Info-Tech Research Group has been selected for participation in the US Department of Defence (DoD) Enterprise Software Initiative (ESI) program. This new partnership enables the DoD and its IT leaders to access world-class resources, gain industry-leading guidance, and receive transformative insights and invaluable consultation from experts with extensive experience. The agreement also includes McLean & Company, a division of Info-Tech known for its exceptional HR research and advisory services, and MyPolicies, the firm's provider of robust online policy management and administration software.
The DoD ESI is an official DoD initiative sponsored by the DoD Chief Information Officer (CIO). The initiative is designed to streamline procurement and optimize cost efficiency in the acquisition of commercial software, IT hardware, and services. Through its joint team of experts, ESI consolidates requirements and establishes agreements with IT providers, resulting in a unified contracting and vendor management strategy across the entire department.
"We are honored to have been selected to provide services as a member of the US Department of Defense's Enterprise Software Initiative. This partnership affirms our commitment to providing world-class IT research and advisory services to the public sector," says Ron Gumbert, senior managing partner at Info-Tech. "There is a shared vision to foster a technology-enabled, efficient future for the DoD, driving strategic change and transforming challenges into opportunities."
Info-Tech's public sector executive services and research team comprises highly experienced industry experts focused on supporting government clients to address mission-critical, technology-enabled initiatives.
"Our recent expansion into Arlington, Virginia, signifies our dedication to being an integral part of the IT ecosystem in the US, and this collaboration with the US Department of Defense's Enterprise Software Initiative further solidifies that commitment," adds Gumbert. "Our Arlington office stands ready to serve as a strategic hub for our work with the DoD and other Federal agencies, providing unparalleled research and advisory services. This pivotal development marks a new chapter in our mission to drive impactful digital transformation within the defense sector and beyond."
About Info-Tech Research Group
Info-Tech Research Group is one of the world's leading information technology research and advisory firms, proudly serving over 30,000 IT professionals. The company produces unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. For 25 years, Info-Tech has partnered closely with IT teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.
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Emerging Technology
Businesswire | July 28, 2023
BRP Group, Inc. today announced the establishment of its newest national Center of Excellence (“COE”) — Government Contracting (“GovCon”) – to join the firm’s expanding portfolio of specialty practices.
The new practice launch is part of BRP Group’s intentional strategy of leveraging the deep expertise of its national network of risk management and insurance partnerships, and their experts and specialists, to make a greater difference for their clients’ business needs regardless of geographic location.
BRP Group’s GovCon COE team is comprised of knowledgeable insurance experts with broad experience advising clients who operate in the government contracting space. This COE is specifically structured to support federal contracting clients with property and casualty, employee benefits and retirement insurance solutions, GovCon M&A due diligence and in-house compliance specialists.
“Our new Government Contracting (GovCon) Center of Excellence (COE) is an expansion of BRP Group’s specialized solutions and capabilities that work to meet the unique needs of current and prospective clients. By combining the expertise from our two partner firms, Armfield, Harrison & Thomas (AHT) and The Capital Group, we are excited to bring this additional practice to the marketplace,” said Dan Galbraith, BRP Group’s Chief Operating Officer. “Not only do government contractors encounter typical risk management and insurance issues, they also navigate unique challenges associated with conducting business within a rapidly-evolving, highly-regulated environment. With more than 25 years of experience and a proven track record of designing specialized insurance coverage for these complex business and regulatory conditions, our dedicated colleagues, led by BRP Group’s Senior Director of Sales Kevin FitzPatrick, keep clients protected, in compliance and proactively prepared to mitigate risk and manage costs.”
The GovCon COE focuses on addressing the unique needs and challenges of clients in the hyper- competitive federal contracting space that are best solved by a unified team approach. The GovCon COE helps federal contractors navigate these mission critical areas:
Controlling fringe expenses to keep competitive Wrap Rates
GovCon Employee Benefits Benchmarking - designing programs that help improve employee attraction and retention.
Risk Management Strategy
Defense Base Act (DBA) Coverage
International Coverage
Cyber Liability Insurance
Service Contract Act (SCA) Compliance and Strategy
401K plan development and administration
In addition, the GovCon COE has integrated two key programs:
GovTech™: The Government Technology Insurance Company offers robust commercial insurance policies that flow down the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS) framework and provides easy access to GovCon insurance subject matter experts at premiums that accurately reflect the exposures.
GovConHealth: Provides go-to-market strategies to federal contractors to help them control employee benefits expenses. The initiative is powered by a unique and proprietary consortium-funded stop-loss arrangement that bands together high-performing federal contractors to safely and conservatively partially self-fund their employer-based healthcare.
ABOUT BRP GROUP
BRP Group, Inc. (NASDAQ: BRP) is an independent insurance distribution firm delivering tailored insurance and risk management insights and solutions that give our Clients the peace of mind to pursue their purpose, passion and dreams. We are innovating the industry by taking a holistic and tailored approach to risk management, insurance, and employee benefits, and support our Clients, Colleagues, Insurance Company Partners and communities through the deployment of vanguard resources and capital to drive our growth. BRP Group represents over 1.3 million clients across the United States and internationally. For more information, please visit www.baldwinriskpartners.com.
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Government Finance
PR Newswire | September 28, 2023
Deltek, the leading global provider of software and solutions for project-based businesses, announced today that Hexagon US Federal, an independent subsidiary of Hexagon Corporation exclusively focused on bringing the broad range of Hexagon technologies to the US Federal government and its partners, has selected Deltek Costpoint GovCon Cloud Moderate (GCCM) as its cloud-based accounting solution, after an extensive review of other options on the market.
With multiple offices and hundreds of employees across the US, it was critical that Hexagon US Federal had a best-in-class ERP to support its next phase of growth and digital transformation. Hexagon US Federal had already been trusting Deltek Costpoint for decades to provide a secure, compliant, all-in-one accounting solution. When it was time for Hexagon US Federal to move to the cloud to automate business processes, integrate business application systems and alleviate on-premise costs, the company reviewed multiple solutions on the market.
Costpoint GovCon Cloud Moderate was the company's clear choice for a robust, cloud-based solution to facilitate an overall digital transformation. Costpoint offered a lower total cost of ownership, with the ability to improve scalability and security, while streamlining back-office processes with built-in functionality without requiring multiple third-party integrations for reporting.
Deltek Costpoint is the government contracting industry's leading solution that delivers more innovation and greater intelligence at every stage of the project lifecycle. It centralizes the management of projects, people and finances, and scales seamlessly as needs grow, enabling small to enterprise size businesses to win new contracts, manage project profitability and improve customer satisfaction. Additionally, the integrated cloud offering enables the secure storage of contract data and is consistently enhanced through cybersecurity compliance controls equivalent to NIST SP 800-171 and NIST SP 800-53. Costpoint GovCon Cloud Moderate provides additional protections by supporting compliance with federal contract regulations including DFARS 252.204-7012 (protection of CUI and CDI data), ITAR data protection, and the anticipated CMMC requirements.
"When I look at the possibilities with Costpoint, there is nothing else on the market that compares to it for government contractors. There just isn't," said Becky Harris, Chief Financial Officer at Hexagon US Federal. "Compliance was a significant factor in our decision. As a federal contractor, Hexagon is required to protect sensitive data and be prepared for audits of our data security practices. Deltek's GCCM cloud has implemented very stringent cybersecurity controls that will help us achieve our compliance requirements, including CMMC, while facilitating a cloud-based, cradle-to-grave lifecycle of core back-office business processes with all the data integrations."
"We're proud to have built a product that, time and time again, is proven to be the gold standard for government contractors," said Todd Walker, Vice President of Product Management at Deltek. "We're thrilled that Hexagon US Federal has decided to continue leveraging Deltek Costpoint – after reviewing it against our competitors – to provide the company with the best of both innovation and compliance as they make the shift to the cloud."
About Hexagon US Federal
Hexagon US Federal is a independent subsidiary of Hexagon Corporation, home of over 24,000 employees in 50 countries, focused on bringing Hexagon technologies to the US Federal government and its partners. They provide innovative technologies and professional services to a broad range of US Government customers across the Federal Civilian, Defense, and Intelligence Communities.
Headquartered in Chantilly, Virginia with offices in Huntsville, Alabama, St. Louis, Missouri, and Lexington Park, Maryland, Hexagon US Federal has over 480 employees dedicated to the success of national security priorities and ensuring the effectiveness for Civilian agencies.
About Deltek
Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue. Learn more at www.deltek.com.
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