IBGS is a Service Disabled Veteran Owned Small Business (SDVOSB) located in Bethesda, MD. We are the premier fringe benefit and fringe accounting firm in the US. Our capabilities and value to the public sector are limitless and we have proven to create more value and return from every contract award our partners have won.
We work in a very niche market around wage determination contracts that require employers to account for all monies spent under Service Contract Act and Davis Bacon Act contracts. Where we specialize specifically is the value brought to prime contractors. Our 3 tenets of value are :
1) The prime can use our firms designations to receive a dollar for dollar credit and fulfill any set aside requirements of a contract without subbing out the work. This allows for significant tax breaks and retention of more award dollars.
2) We handle all of the benefits placement, administration, and fringe dollar accounting over a proprietary system that streamlines processes eliminating the need for bolstered staff and overhead expenses. Yet again, increasing the value of the contract.
3) Our fees are intrinsically wrapped into your hourly rate per employee so there is a large savings from excessive fees and no commissions build outs for benefits premiums. This provides yet another large savings and allows for more strategic planning and better preparation when it is time to bid contracts. The savings alone will allow you to win the contract based on PROPER cost planning and allow your company to see more from every award.
Specialties
consulting, fringe benefit, fringe accounting, wage determination, Service Disabled Veteran Owned Small Business