Five Tips for Surviving Another Potential Government Shutdown

As yet another government shutdown looms on the horizon, contractors must again prepare for the ramifications of a shutdown.  At present, the President does not look likely to sign a budget bill unless Congress includes significant appropriations for a border wall which also does not appear likely.  If no compromise is reached, parts of the government could begin to shut down as early as next week (December 21).  While industry has no control over Washington politics, the effects will still be felt nationwide and will probably impact your business as a federal contractor.  While not an exhaustive list, a government shutdown can halt your incremental funding stream, delay other payments, preclude you from executing new contracts or modifying existing ones, impose logistical challenges such as closed government facilities or furloughed government employees who are your counterparts on a program, increase your costs (both direct and indirect), and delay or defer the exercise of contract options.  So, what can you do to weather the storm?  Here are some suggestions for mitigating your risks during a potential shutdown.