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Seahawk Seahawk is online now
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Join Date: Jul 2004
Location: Maryland
Posts: 31,749
Interesting question.

My partner and I are doing a number of "what if" drills based on existing contracts and potential awards (government Small Business Innovative Research awards).

We have already requested extensions on the existing contract to keep our core work force in place and not bring on new folks, at least in the short term (two months).

That is really the impact for us, depending on how long this goes on (we have a year left on two contracts): We were in an expansion-ready mode and are now being very careful. Both my partner and I have taken pay cuts and have also been very upfront with our employees on a "rolling hourly cut" per week based on the next few months.

Whee Sequestration hit in 2013 it was a complete bloodbath for small companies. So far, the government is not pulling funds off of award contracts. We'll see.
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Old 04-03-2020, 07:28 AM
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