About the Firm ...

The Lyman Group is a Washington, D.C. consulting and publishing firm providing government contract advisory services in the areas of accounting, costs, pricing, and administration of contracts. The firm offers a full range of services to meet the needs of experienced contractors as well as those of first-time, small, and emerging businesses. The firm also publishes the Government Contract Audit Report, a newsletter that tracks, reports, and analyzes developments in government contract accounting, auditing, pricing, and finance.

Our goal is to provide expert accounting, finance, and pricing assistance to increase our clients' success as government contractors.

Our assistance is focused on providing services to make government contracting a profitable
business, while always complying with procurement laws and regulations. We can help you deal
with the problems posed by the constant changes in the procurement process.

The Environment ...

The federal government is the largest consumer of goods and services in the United States. Its procurement rules are very different from those in a traditional commercial marketplace. Each year Congress, the Department of Defense, and civilian agencies add or change procurement laws and regulations.

In recent years, the government has established limits on allowable executive compensation costs, added or changed certain contract cost principles, and revised the accounting and pricing rules relating to the acquisition of commercial items.

Many government contractors are faced with increased competition for a share of the market. Today, more than ever, it's important for contractors to present their most competitive position. This often requires a renewed evaluation of the contractor's business structure and government contracting goals.

To learn more about The Lyman Group, E-mail L. David Richardson, Principal.