GovCon Finance

The gap between what you've won and what you've funded

Every other Tuesday. One mechanism, one figure, one thing to do this fortnight. Twenty-six issues a year, and nothing else in them.

The newsletter is called Backlog. Funded backlog and unfunded backlog is the industry's own line, and the space between those two numbers is the only subject.

Backlog only. Unsubscribe from any issue in one click.

The Editors, GovCon Finance

What arrives

One mechanism, cited

FAR Subpart 32.8. The notice requirement to the contracting officer. The Assignment of Claims Act of 1940. Named by number, never gestured at. If an issue can't cite the clause, the issue doesn't go out.

One figure, sourced

What 100 days of protest carry costs against a hired twelve-person project team. What $800K of retainage across four projects releases at a typical advance rate. From SAM.gov, GAO bid protest data, SBA, or the FAR itself.

One thing to do this fortnight

A calculation to run before your next lender call. A clause to check in an agreement on your desk. A question to ask before you sign.

Nothing else

No roundup. No industry news. No sponsor block. One insight per issue is the format constraint, and it holds for all twenty-six.

Sample issue

Your protest carry is a payroll number, not a legal number

GAO has 100 calendar days to decide, the performance stay runs the whole time, and your project team is already hired. That isn't a dispute you're waiting out. It's fourteen payroll runs against zero revenue, and your attorney isn't the person to ask about it.