 Government Best Practices for Mitigating Contractor Risk |
In a best practices whitepaper set to release in August, D&B offers a simple yet powerful roadmap which enables agencies to reduce risk and increase oversight of contractors.
Contractor risk management validates that potential government contractors are viable, legitimate businesses. It also confirms that they have the financial capability and organizational resources to provide the required services. At the same time, it makes sure that contractors are not engaged in questionable ethical or legal activities. Successful contractor risk management programs save staff time, resources and money by reducing significantly the number of problems related to contractor non-performance or fraud. It also enables the smooth performance of government programs and functions that otherwise might be disrupted by critical failures on government contracts.
Preview our Pre-Award and Post Award Contractor Checklist which can help you make more confident procurement decisions today. Contact us today to receive the checklist and be among the first to receive the Government Best Practices for Mitigating Contractor Risk whitepaper. |
| D&B's U.S. Business Trends Report Summarizes Recent Failure Trends |
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D&B's report summarizes our analysis of and insight from recent failure trends on approximately 22 million active United States based businesses in D&B's global database. Highlights of this report include:
Insight 1: D&B estimates that the total number of actual business failures in 2008 was approximately 100,000. This estimate includes bankruptcies as well as those companies going out of business with unpaid debts in the next 12 months, making it more than double the number of bankruptcies reported by the U.S. Government. |
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Insight 2: The impact of declines in the manufacturing industry has rippled through states with significant exposure to automotive related manufacturing bases. For example, Michigan, Tennessee, Alabama and Georgia - states with a high concentration of U.S. and foreign car-related manufacturing and suppliers - have among the highest numbers of business failures.
Insight 3: D&B sees an improvement in payment delinquency trends (the rate at which businesses pay their suppliers) in Q1, a leading indicator for bankruptcy rates. We remain concerned with the rate of bankruptcy filings; however, we expect an improvement in the number of businesses filing for bankruptcy.
Insight 4: States with a larger base of serviceoriented categories such as Accommodation and Food Services; Education Services; and Healthcare and Social Assistance have shown lower delinquency rates than states relying more heavily on manufacturing.
Download now to read D&B's complete analysis in the U.S. Business Trends Report. |
| In-depth Industry Trend Reports Help Manage Risk |
D&B's U.S. Industry Trend Reports focus on failure trends within specific industries - using proprietary metrics including recent payment trends and behaviors (delinquency and charge-offs) recorded in the trade database-revealing information and insight far richer than bankruptcy filing numbers alone.
Analytics and insights in an industry report include:
- Failure statistics in a specific industry, including benchmarks against the overall US business population
- Failure rates in a specific industry segmented across sub-industries (SIC) and geographies, including the top 10 lowest and highest failure rates by category
- D&B proprietary metrics for a specific industry, highlighting trends from the last two years (2007 and 2008)
The following industries are now available, with new industries being added quarterly. D&B's Global Analytics Team is available to develop custom reports based upon customer request. To request an industry report, contact us.  |
| U.S. State Profiles Provide a Macro and Micro Analysis on each State |
Given the recession and fluctuating state and local economies, it can be difficult and time-consuming to keep up with the leading economic indicators and their impact on your state. First Research's State Profiles consolidate a snapshot view as well as provide detailed commentary on industry trends in your state.
The employment data section offers key indicators - unemployment and job growth rates, weekly earnings, industry growth rates, unemployment rate vs. national average graph and job growth rates vs. national average graph - all which are updated monthly.
To see complete charts, download full report
The major industry section updated quarterly provides detailed assessment of the industries within your state, including number of companies within the industry, revenues, number of persons employed by industry, detail on sub sectors, and contribution to gross state product. To learn more about these state profiles or to request your state report, contact us. |
| Tell Us How We Are Doing |
Next week, we will be launching our Mid-Year Customer Survey and we would like to ask for your participation. Your feedback is important to us. The more you who tell us how we are doing, the more we can improve your experience with D&B.
We know your time is valuable. That is why we have designed a simple survey that will take only 5-10 minutes of your time. We look forward to hearing from you.
In the meantime... Tell us. We'll act. 1.800.424.2495.
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We Value Your Feedback!
our Mid-Year Customer Survey arriving in your inbox next week. |
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| Upcoming Webinars |
Interpreting D&B Information to Meet Your Agency Needs
Tuesday, August 18, 2009 2PM EST
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| Download Data Quality Whitepaper |
Download this whitepaper to learn agencies can ensure data quality in a transparent Government:
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| Download Fraud Prevention Whitepaper |
Download this whitepaper to learn how government agencies can stop fraud before it happens:
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| Download Lending Oversight Whitepaper |
Download this whitepaper to learn how government agencies strengthen mission performance in federal loan and grant programs:
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| Learn More |
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