Author: Dona Basu

The Government Is Required To Set Aside A Certain Percentage Of Contracts For Women-Owned Small Businesses At least five percent of government contracts have to be awarded to women-owned small businesses. To qualify for these set-asides, a business must have the following: Meet small business size standard for primary NAICS code and contract At least… Continue reading Why Government Contracting Is A Great Opportunity For Women

Protesting A Bid Or Award You must be an interested party, which means a prospective bidder who will be affected by the award economically. This usually means you will receive the award if your protests are sustained. One such challenge would be that the bid was defective. A defective bid can include the following: The… Continue reading What Happens When You Disagree With A Government Contracting Decision?

Consolidated Purchasing Programs Like any other organization, the federal government has everyday purchasing needs such as petroleum products, carpets, furniture, perishable goods, and standard office supplies.  For this reason, it made sense to centralize purchasing various standard products and services. Some new procurement models for acquisition include multi-agency contracts and government-wide acquisition contracts or GWACs.… Continue reading How Small Businesses Can Craft Competitive Government Proposals

The United States Government Is A Very Powerful Client With Deep Pockets The Federal government usually spends around 500 billion dollars a year on goods and services. This makes the U.S. government an extremely attractive client. There are few other organizations with this type of spending power and clout. The government also tends to buy… Continue reading The Advantages Of Being A Government Contractor For Small Businesses

Understanding The Marketplace It might initially feel like working for the government is unpredictable. Contractors can be affected by various factors such as budget cuts, regulatory pressures, changes in administration, and stringent accounting rules. However, all marketplaces can be volatile and change rapidly according to the whims of consumers. A company needs to ensure that… Continue reading Lucrative Areas Of Government Contracting For Small Businesses

Disputes A dispute is when a government contractor has issues or material disagreements that relate to the contract itself and therefore files a claim. A claim is defined as a demand by one of the contracting parties seeking, as a matter of right, the payment of money, the adjustment or interpretation of contract terms, including… Continue reading How To Raise An Objection Against The Government

What Does This Mean For Small Businesses That Want To Be Government Contractors? The Federal government must also set aside a certain amount of contracts for small businesses. At least 23 percent of government contracts will be awarded to small businesses. Smaller companies do not have to worry about being outcompeted by large companies with… Continue reading Understanding Government Contracting Regulations

The First Step Is Registering With SAM To do business with the federal government, you must register your business in the System for Award Management directory. The government will not hire any type of business (large or small) that has not been registered in the SAM directory. Please read one of the helpful blog articles… Continue reading How Small Businesses Should Maneuver In The World of Government Contracting

Being a government contractor can be extremely lucrative. However, you should have a strong understanding of government procedures and processes. We will name some things that all contractors should be aware of in order to be successful. Procurement Government procurement has always been a part of advancing many national, economic, and social objectives. Government contractors… Continue reading Is Your Business Ready For Government Contracting?

What Is a subcontractor? A government subcontractor is defined by Federal Acquisition Regulation (FAR) 3.502-1 as: Any person, other than the prime contractor, who offers to furnish or furnishes any supplies, materials, equipment, or services of any kind under a prime contract or a subcontract entered into in connection with such prime contract and included… Continue reading Why Small Businesses Should Consider Being Government Subcontractors