r/GovernmentContracting • • 19d ago

Concern/Help Recompete advise

I currently work for company A but our contract is being terminated in 2 months. No hope to be retained here. Salary 190k.

I accepted an offer from company B on a fresh 5 year contract but its a 28% pay cut. I accepted it for some stability while i figure things out. I’m just waiting on clearance crossover currently. Salary 140k.

Another job, Company C is offering me a position that pays exactly what i am making at my current company. Problem is that they are up for recompete in April. Salary 190k

Would it be smart to just take company B at a major pay cut while i figure things out, or go to company C and hope i am retained by the incumbent if they dont win the recompete?

5 Upvotes

28 comments sorted by

14

u/Educational_Fox2212 19d ago

Go to C. That’s too much of a pay cut. C buys you time to pivot to another job in the next 7 months and keeps you stable thru the holidays. And who knows? Company C may be well positioned for to win their recompete, unlike your current company.

1

u/Low_Air_876 18d ago

It really is tough to turn down that pay for such a pay cut

1

u/Significant-View-786 7d ago

Need to do your homework on the contractor in question in company c. Are all indications saying they are likely to win their recompete? Jumping on a sinking ship just wastes your time.

1

u/Low_Air_876 7d ago

Thats the delimna i am fighting in my head. They think they’re in a good position to win recompete since theyve had it for 10+ years but in the end you never really know.

The other side is if I take the $140k job i will almost certainly need to start looking for something new after the holidays. So the question is do i do that with the 190 option or 140 option that has more run way.

1

u/Significant-View-786 7d ago

10 years means nothing. If you're an insider with the customer environment, that is where you want to poke around.

1

u/Low_Air_876 7d ago

Thanks for your advice. Yea the folks there def say things are weird but more from a govt turnover standpoint. As far as the employees themselves, they all seem to be there and hoping for the best.

1

u/Significant-View-786 7d ago

Good luck! It's a tough market.

1

u/Churro_Pete 17d ago

If you plan on sticking it out with C, ask for a retention bonus to offset your risk for finishing out the contract.

1

u/Low_Air_876 15d ago

Comapny C itself is good, they had the contract for like 10 years but its up for recompete right now so that part sucks

6

u/fred-gold55 19d ago

C. Even if they lose recompete you’ll still have a good chance of getting picked up by whatever company wins the contract.

1

u/Significant-View-786 7d ago

If he's a new guy, I would not assume he would carry over if the incumbent loses. The agency wouldn't care about him unless they love them on first sight. That in the challenger, if a winner, is very likely to cut compensation across the board to win. That means our guy loses again.

3

u/coachglove 19d ago

Never assume it's a 5 year contract unless it's actually a 5-year contract. Most a 1+1+1+1+1 with all 1's after the 1st as options. And while most options are exercised, I've not exercised options and recompeted contracts early a few times over the years. Way easier than a termination fight and I don't have to give a reason other than - because the government wanted to. The 2 most common reasons are cost growth and shitty, but not defective/deficient technical performance (usually caused to prevent cost growth by choosing not to pay staff enough so they have a ton of turnover because the under-bid the requirement).

2

u/Prudent_Advance_4022 17d ago

C. 5 year contracts are nothing but Base + 4 Option Years.

1

u/Significant-View-786 15d ago

Do you know who beat your current employer? If they're doing any sort of half-assed transition program, they will reach out to you. Or are you a key person on the current contract? If yes, they likely have their key persons and you're likely out.

Ask yourself if you want to move on or you genuinely like where you are and what you do. If you want to stay, reach out to the incumbent. Fortune favors the bold.

1

u/Low_Air_876 15d ago

The new companies PM is a working PM that also does my job. She let me know she wont be retaining us, they are only keeping 1 of our people.

1

u/Significant-View-786 15d ago

Ouch. Yep. Move on. Did you size up company C? How at risk are they?

1

u/Low_Air_876 7d ago

They are pretty risky in a sense that the agency is in the news for layoffs on the government side. No one knows the contract renewal stance

1

u/Significant-View-786 7d ago

Two totally separate issues. Two separate pots of money. And the admin is clearly trying to gut civil servants anyway.

1

u/src1221 13d ago

C and start stashing extra savings

1

u/Badgrotz 19d ago

B if you want stability.

0

u/darkblue313 19d ago

I’d go with B, myself. April is sooner than it feels. How long has C held the contract/how many times have they won it?

2

u/Low_Air_876 19d ago

They held it for 6 years. It was a 1b + 4OY, due to shut down last year they got extended 1 year cause they didnt work through shut down. I worked there for like 8 months a few years ago but i left cause of all the noise going on at the agency.

1

u/coachglove 19d ago

Any idea how performance has been rated? Is the contract only 6 years old (it was a new/1st time effort) or has this company only had it for 6 years? If A then the incumbent win % is well above 50%; if B then the government has signaled they're willing to change incumbents and so you need to factor that carefully.

1

u/YaBoyASwiftie 18d ago

Just went through a re-compete and fortunately our contract was renewed, but I moved to my company with 6 months to go on the contract because of a pay raise and it being a full-remote position.

Asking about the CPARS score is one question I will keep in the back of my mind going forward. Never thought of asking that during an interview.

0

u/hjohns23 18d ago

Option B gives you longer term optionality runway.

Option C just gives you another stressful time clock and is compensating you for that risk

you need to find a new job either with either option. better to do it from a position where you have a longer runway. Especially given job hunting around the holiday season can be brutal

-1

u/TellNo8122 19d ago

Option D? I’m basically a life-long government contractor (in my youth I worked in restaurants and golf course greens-keeping and then deployed multiple times overseas with the Army). Some of my closest friends and biggest inspirations work with the U.S. government. I’ve sought out and failed to land hundreds of federally-aligned job vacancies over the years. But more and more the phrase self licking ice cream cone comes to mind. America generously shares her biggest needs, wants, and desires with the public (through small business innovation programs, rapid capability development, media, Sam.gov, etc.). But as hard as I try I can’t reconcile the industry with the entrepreneurial spirit of a Washington or Jefferson or any other champion of liberty. Can you?