Greg Bingham is the President of The Kenrich Group LLC. He has over 32 years of experience in the field of business consulting, primarily for Government and Construction Contractors.
Selected Industry Experience
Clients have included corporations, partnerships and individuals; in-house and outside counsel. Greg has consulted with contractors to the U.S. government, including contractors to many different departments – Defense, Energy, State, Housing & Urban Development – as well as the National Aeronautics and Space Administration, Army Corp of Engineers, Department of Veterans Affairs, Agency for International Development, the General Services Administration, National Institute of Health and others. Mr. Bingham’s assistance to clients has included presenting his findings in settlement negotiations, alternate dispute resolution proceedings, depositions and trials. One judge commented as follows with respect to Greg’s testimony:
Mr. Bingham “credibly testified… based on his 32 years in advising clients on government contract issues…”
“[T]he Court finds Bingham’s testimony… to be credible, well-founded, and reliable,”
General Government Contracting
Mr. Bingham has assisted clients on numerous issues including: (1) testimony on damages, penalties and industry practices relating to disputes arising from government contracts and subcontracts, including contract breach, lost profits, termination cost recovery and recovery of the costs of delay and disruption; (2) forensic investigation of issues involving accounting, estimating and billing including allegations of defective pricing, false claims, mischarges, improper labor charging and improper billings; (3) review or preparation of hundreds of claims for changed work, delay and disruption; (4) review or preparation of over 1,000 termination settlement proposals on contracts terminated for convenience as well as assistance on contracts terminated for default (e.g., A-12); (5) consulting on compliance issues arising from the contract pricing and evaluation guidance found in FAR Parts 12 and 15 as well as compliance with the Cost Principles found in FAR 31 and the Cost Accounting Standards; (6) the initial preparation and updates of CAS disclosure statements as well as the assessment and quantification of cost impacts caused by changes to disclosed or established cost accounting practices; (7) Federal Supply Schedule issues relating to the triggering of the Price Reductions and Defective Pricing clauses; and (8) analysis of cost realism and other cost and price evaluation issues on bid protests.
Greg is an Adjunct Professor in the George Washington University where he teaches Pricing and Cost Issues in Government Contracts (GCON 6506), a graduate level course in the Masters of Science in Government Contracts program. Course topics include the development or evaluation of proposals relating to contract awards, requests for equitable adjustment or claims, and termination settlement proposals. Audit and evaluation of cost or pricing data as well as other information is also addressed. The students who take this class have routinely included government contracting officers, contracting officer representatives and contract specialists.
Greg is the Vice Chair of the Contract Finance Committee of the National Defense Industrial Association. This Committee focuses on the accounting, cost, and pricing aspects of government acquisition. Acquisition activities relating to financial management, financial accounting, auditing, allowable costs, cost reporting, contract pricing, financing, profits, payments, and disbursements are its primary areas of work.
Greg is on the board of directors of the Capital Area Food Bank, the largest charity of its kind in the Washington, DC area, where he serves as Chair of the Audit Committee.