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    Posted October 14, 2013 by
    BGilmore
    Location
    Colorado Springs, Colorado
    Assignment
    Assignment
    This iReport is part of an assignment:
    Shutdown over: What next?

    Another small business hit hard by the shutdown

     

    CNN PRODUCER NOTE     Buddy Gilmore's story was featured on CNN.com here. He owns a small business that does modeling and simulation, as well as network engineering, for the Department of Defense. He says 90% of his Colorado Springs, Colorado, staff has been furloughed since October 1 due to lost business. What’s worse is that his employees do not work for the government, so they will not receive back pay, he said.

    “My mind is with my employees, some of whom have run out of vacation time and are dipping into their savings,” said Gilmore, the CEO of the company. “I have offered up early Christmas bonuses, and some have opted to take them.”

    But his attempts to make the best of the situation aren’t enough to assuage all of his employees.

    “Some of my best and brightest employees are already looking for employment elsewhere, and they would be very hard to replace,” he said.

    Gilmore estimates he is losing about $40,000 in revenue a week. And that number doesn’t include the $300,000 in outstanding invoices he has from a project work completed back in July. “That's pretty tough for a small business,” he said.
    - zdan, CNN iReport producer

    I own a small business that provides modeling & simulation, training, and network engineering to DoD. 90% of my staff has been on furlough since Oct 1st. Some are burning through vacation, while others have already run out of vacation time. Since we are not federal workers, there won't be any back pay. Yesterday I was notified by my lead network engineer that he was now seeking other employment. In addition, payment from the government for work performed prior to 1 October has come to a standstill - we are still awaiting payment for work performed in July. Even after Washinton ends the sutdown, it will be perhaps several days before our government contracting officers officially notify us that we can go back to our jobs.
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