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Click to view LioraStein's profile Professional LioraStein 7 posts since
Apr 21, 2009
135. Re: Does anyone have any knowledge of the B2G Institute? May 7, 2009 9:03 AM
in response to: govcon101
GovCon,

This contract is for the Air Force - would they qualify for Assignment of Claims?
Click to view chuxx01's profile Start-up chuxx01 1 posts since
May 11, 2009
136. Re: Does anyone have any knowledge of the B2G Institute? May 11, 2009 3:13 PM
in response to: emsijo
I am interested in that info re: a company that can help me secure govt contracts. My e-mail cpcobbins@yahoo.com. Thanxx in advance
Click to view govcon101's profile Mogul govcon101 22 posts since
Mar 24, 2009
137. Re: Does anyone have any knowledge of the B2G Institute? May 11, 2009 4:16 PM
in response to: chuxx01

LioraStein - the Assignments of Claims act is for any Gov't contract that has it as a clause. And if you don't see it, you can ask for them to insert it during the solicitation phase. FAR 52.212-4 is the clause that you look for and the actual wording is in para (b) of that clause: "(b) Assignment. The Contractor or its assignee may assign its rights to receive payment due as a result of performance of this contract to a bank, trust company, or other financing institution, including any Federal lending agency in accordance with the Assignment of Claims Act (31 U.S.C. 3727)."

This then gave rise to an industry called factoring. 3rd party private firms will advance up to 80% of an invoice within 24-48 hours of having an invoice assigned to them (or 'factored'). They then let the gov't agency know the invoice has been assigned to them. And then they pay the balance less a discount (how the factoring companies make their few percent) when the balance is paid.
Click to view LioraStein's profile Professional LioraStein 7 posts since
Apr 21, 2009
138. Re: Does anyone have any knowledge of the B2G Institute? May 11, 2009 4:45 PM
in response to: govcon101
GovCon,

Thanks very much for this information!

Liora
Click to view emsijo's profile Authority emsijo 15 posts since
Dec 3, 2008
139. Re: Does anyone have any knowledge of the B2G Institute? May 12, 2009 8:03 AM
in response to: baseball45678
Yesterday B2G reimbursed close to $1,000 in payments FROM DECEMBER!!!!! Here is the catch, if you are a business owner. They made the check out to my employee NOT to my company or to me. It was MY name on the credit card not his! My bookkeeper opened the envelope and saw that the check was made out to him so SHE GAVE IT TO HIM!!!!! My employee is honest and later in the day, after he figured out where the money came from, gave it back to her. Can you imagine what would have happened had he not been honest? Not only should you track the reimbursement but track who and how it gets reimbursed,

Thanks to this blog and all of the complaints you had regarding B2G reimbursement I followed up with my bookkeeper about a week ago to see if B2G every reimbursed us for our employee whose fee I charged on a different card. (Mine was reimbursed quickly with the help of American Express.) I asked her to follow up on the other card but she forgot until I reminded her. This blog saved me almost $1,000! Thanks!
Click to view baseball45678's profile Start-up baseball45678 2 posts since
May 3, 2009
140. Re: Does anyone have any knowledge of the B2G Institute? May 12, 2009 4:50 PM
in response to: emsijo

We finally received our checks this weekend after they had our funds for 72 days. Our bank branch manager told us that generally if you pay by credit card, funds are supposed to be refunded back through that credit card. Pat at B2G said they refund by check because they don't know if the balance has been paid off or the account closed. Either way, somthing seems fishy - think we'll fish elsewhere.
Click to view FBBS_Sucks's profile Start-up FBBS_Sucks 1 posts since
May 15, 2009
141. Re: Does anyone have any knowledge of the B2G Institute? May 15, 2009 2:51 PM
in response to: emsijo
OMG. I cannot believe that this forum is here.

I took an employee to the free workshop, bought the seminar, and backed out after the first day. I got a talk about turning my back on the future as I went to fill out my refund paperwork. Getting the refund was agony - just as described here. Stay away.
Click to view mikanui's profile Authority mikanui 14 posts since
Nov 10, 2008
142. Re: Does anyone have any knowledge of the B2G Institute? May 18, 2009 3:44 PM
in response to: govcon101
Hey Ted,

Thanks for the info on B2G. I am actually going to an intro seminar today at the Green Valley Ranch in Henderson.

We actually offer to register businesses with the Federal Government for a small fee of course. This is to help them through the first 48 to 72 hours of the registration process.(Dunns, CCR, ORCA, Sub net, etc.) We are actually looking to find someone we can refer these businesses to either a classroom setting like B2G, or independent contractors that actually write the proposals for fee. ( We are getting with certain ones like GSA Proposals.com) We don't have an educational institute like yours online yet.

Any thoughts?

Thank you, Mike Kaleikini
One Solution, LLC
Click to view govcon101's profile Mogul govcon101 22 posts since
Mar 24, 2009
143. Re: Does anyone have any knowledge of the B2G Institute? May 19, 2009 10:59 AM
in response to: mikanui
Hi Mike! That initial setup is critical to setting a good foundation. The Institute does have RFP writers or if somebody is in the open market and not going to class, just send them to me and I can do a referral. In the meantime, drop me an email and let's dialogue directly. Ted
Click to view DTTCore's profile Authority DTTCore 9 posts since
Mar 5, 2009
144. Re: Does anyone have any knowledge of the B2G Institute? May 19, 2009 1:30 PM
in response to: govcon101
Ted,

I have thought long and hard about whether or not to address your last reply to me concerning your inquisitiveness about how much government business I currently do. I will state right up front that I found it rather odd that you would actually want to whip it out and put it on a table for measuring.

My company was awarded an $11.2 million contract last month shortly before our exchange. We were awarded another small $1.6 million dollar contract just last week, which has led me to decide to reply.

We are a large company that engages in numerous mentor-protege relationships. Suffice to say, your firm, which appears to not actually engage federal contracting itself, would like to have us on your roster. Just as well, you would like to have your numerous client roster engage with us.

So, a word to the wise:

When you want to whip it out in public, it is best to know who you are whipping it out in front of and likewise to be prepared to have someone ready to cut it off with a wink and a smile.

Now that that has been addressed, I want to turn my attention to the exchange between you, LioraStein, and chuxx01.

The B2G Institute exists to educate companies in the government market for a fee in hopes that these companies will win a government contract award. This seems simple enough. But this is only the lost-but-paid for leader. The real story - THE REAL PURPOSE OF THE B2G INSTITUTE is to finance these contract awards through a process called factoring via the Assignment of Claims Act.

There is no way around this fact. The B2G Institute's parent company is a major player in the dying cash flow business and the founder, Fred Steinberg, is a self-proclaimed cash flow expert.

Readers of this forum - anyone will take your money. When it comes to the government contracting though make sure that you know to whom you are giving it and why.

DTTCore

Click to view govcon101's profile Mogul govcon101 22 posts since
Mar 24, 2009
145. Re: Does anyone have any knowledge of the B2G Institute? May 19, 2009 1:50 PM
in response to: DTTCore
DTTCore - good for you! And in the current economic times, I am very happy that your firm is rocking. Not trying to 'whip it out' - just validating. And you are correct - High Sierra works as the marketing arm for other firms and does not work directly.

I would challenge your discussion of the Institue's mission in your message though. We spend that last section on day 3 of the class telling people about factoring and the Assignment of Claims Act - then they can go out and find a factoring company if they so desire.

And let me add one thing on factoring companies or funding companies to all in the blog. WHOEVER you go to to get factoring or purchase order funding, get more than one proposal. I've heard of some companies out there that are charging 10%+ on gov't contract factoring. That is way too high. I see the more reputable firms down below 5% and some lower than that. AND, ask for references. Prudence and research into any venture is the correct manner of getting what you want.

Again, happy on the successes and wish you all the more as you continue.
Click to view las1cal's profile Start-up las1cal 1 posts since
May 20, 2009
146. Re: Does anyone have any knowledge of the B2G Institute? May 20, 2009 7:02 PM
in response to: emsijo
Can you please email Dustin Keith's contact information to carrie@blueonyxdesign.com? Thank you!
Click to view Watley's profile Start-up Watley 1 posts since
May 26, 2009
147. Re: Does anyone have any knowledge of the B2G Institute? May 26, 2009 2:37 PM
At this time the B2G Institute has stolen $3,495 from me. I withdrew from a 3 day seminar at the beginning of the first day, called them over a dozen times and it is now 32 days past when I withdrew and have still not received a refund.

I withdrew in the first day because 85% of what they were teaching was how to write a business plan and market your services in general, not something I needed help with. The actually useful material was hidden in a bunch of introductory business class material and I didn't see the value in the total offering.

My experience has been completely negative with them as they will lie to your face or over the phone, whatever is needed. Karen Church, who is in charge of the refunds, is choosing to ignore their own contracts and Elmar has lied to me directly about when the funds would be returned. Don't do business with the B2G Institute, they are a pack of thieves.
Click to view sarge7's profile Start-up sarge7 1 posts since
May 26, 2009
148. Re: Does anyone have any knowledge of the B2G Institute? May 26, 2009 2:56 PM
in response to: govcon101
Be careful of self certifications, when you finally do submit a bid you are saying that you meet those requirements. The 8a's requirement is that you meet the Socially AND Economically requirements to be eligable for this status.
Click to view s8junkie's profile Start-up s8junkie 1 posts since
May 27, 2009
149. Re: Does anyone have any knowledge of the B2G Institute? May 27, 2009 12:32 AM
Avoid them. Complete scam. Google B2G institute scam. Spread the word.
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