Professional Funding & Compliance for Contracts

Contract Funding Support

Starting a new contract is expensive. An inventory of new uniforms, a lot of new tools, workplace furniture, computers, and related “stuff” can easily overwhelm a small business budget. SCI has funding resources that understand Government contracting and provide revenues when regular Banks can’t or won’t. We see that you have the tools you need to get the job done. And adequate funding is critical to doing it.

Contract Compliance Bid Bonds

Government contracts require performance certainty. One of the elements is a contractor-provided Bid Bond to ensure the work requirements are performed if the contractor cannot, funding performance while another contractor is sourced. These can be difficult to obtain. SCI has funding sources and Bond company relationships that can make your Bid Bond happen when traditional sources have no interest and/or are unaffordable, onerous, or constructed in a complicated “assets loading” format.

Certified Payrolls

Many small contractors fail by not managing payrolls and relating taxes and Worker Comp fees well, forcing them into bankruptcy. SCI via Employee Leasing assures payrolls are Certified by being timely, sufficiently funded, properly taxed, and all funds correctly deposited. This makes COs more comfortable in their award decisions and assures you don’t become too familiar with the IRS, Dept of Labor, or the FBI. There’s NOT a “downside” here.

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Worker Comp Management

With thousands of employees on contracts across the nation, SCI has a lot of experience and expertise in managing “on-the-job” injuries and Worker Comp claims and resolutions. By pooling your contract staff in our Worker Comp policy, we decrease your rates, saving you overhead expenses and reducing exposure to claims litigation. The bottom line is that your “bottom line” is increased by our diligence and proactive processes.

Annual Reports Tax Audits

By providing you with Certified Payrolls, you receive Monthly, Quarterly, and Annual funding reports, including staff wages, taxes, related funds deposits, and collated data. Extrapolated funding reports enable you to prep corporate tax returns and meet any queries easily should an audit occur. The info is comprehensive and meets legal requirements as evidentiary documents.