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The Department of Health and Human Services (DHHS) is a very complex and large department. In FY2016 the HHS budget was at $1.1 Trillion. So far in FY16, the department has awarded over $405 Billion in funds in over 64,000 transactions. 

Government contracting is an alternate source of non-dilutive financing for organizations.  This webinar will provide an understanding of government contracting to help Life Sciences companies determine if this is a feasible approach for advancing their emerging technologies or innovations.

The principles of government contracting will be provided along with the associated financial and programmatic benefits and risks.  Background information on the key contracting vehicles used by BARDA will be discussed to help attendees understand the advantages and disadvantages each will have on an organization’s bottom line.  Attendees will leave with a basic understanding of what is required to become a government contractor, the risks and benefits, and the key attributes of a successful government contractor.
About Our Presenter ...
Andrew Stiles, Manager, Government Contracting Advisory Services
BDO USA, LLP


Andrew Stiles has consulted various clients on multiple aspects of Government contracts.  Andrew’s Government contract consulting experience includes helping clients comply with the Federal Acquisition Regulation (FAR), Cost Accounting Standards (CAS), and both Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA) Business System control requirements.  Andrew also has experience assisting in the preparation of incurred cost submissions and building complex cost impact models.

Andrew has worked with a variety of biotechnology and life science organizations in the preparation of their Incurred Cost Submissions. This included calculating indirect rates in accordance with Government regulations and reconciling the trial balance to the populated DCAA ICE model to ensure all costs have been properly reported. He has also consulted with multiple federal contractors on cost allowability and allocability matters as part of the Incurred Cost Submission process. 

PROFESSIONAL AFFILIATIONS
Certified Fraud Examiner

EDUCATION
B.S., Finance, Virginia Tech