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In 2018, the Federal government obligated almost $500B of its budget to buy products and services.

However, many companies choose not to include the Federal government as a potential source of revenue in their business development plans. While doing business with government agencies can be intimidating, some advantages such as transparency, steadiness, and relatively quick payment may encourage companies to add government agencies as target customers while rumors of waiting for payments for long periods of time and no margins are not always true.

Earnest Consulting Group (ECG) and its principles have worked with the Federal government either as a prime contractor or through helping its clients. The result has been over $80M in contract awards to multiple agencies.

We look forward to continuing our winning tradition and helping organizations win opportunities and help solidify them as an industry leader in their respective areas with the Federal government.

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MYTH: Providing goods and services to the government means you have to wait forever to get paid.

FACT: Many government contracts are subject to the Prompt Payment Act which was enacted to ensure the federal government makes timely payments. Bills are to be paid within 30 days after receipt and acceptance of goods/services or after receipt of an invoice whichever is last. If a timely payment is not made, interest should be automatically paid.

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