Author: Dona Basu

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 excellent agreement and included… Continue reading Subcontracting You Way To Success With SAM

What is the Sam Directory? SAM stands for System Award Management. In order to do any business with the federal government, you must register your business in the System for Award Management. The government will not hire any type of business large or small that has not registered in the SAM directory. Why does my… Continue reading Small Business Guide To The Sam Directory

Understanding The Marketplace It might at first feel like working for the government is very unpredictable. Contractors can be affected by various factors such as budget cuts, regulatory pressures, change of administration, and stringent accounting rules. However, all marketplaces can be volatile and change rapidly according to the whims of consumers. Therefore, a company needs… Continue reading Overcoming Obstacles In Government Contracting For Small Businesses

Job Security No Longer Exists. Many people think that starting a business is just too risky. However, the workforce no longer offers the security it once did. Companies do not take care of employees for a lifetime and then provide them with a large pension for retirement like they did a generation ago. People are… Continue reading How Becoming A Federal Contractor Can Lead To Economic Stability For Small Businesses

Being an entrepreneur is exciting but also presents its unique challenges. Financing can be a significant obstacle that is often not easy to overcome. However, the more money you have at your disposal, the more options available to make sure your business is on the right path to success. Unfortunately, many companies never properly explore… Continue reading How Female Small Business Owners Can Become Federal Contractors

Where Do You Find Government Contracts For Bidding Search for opportunities at the following SAM.gov. Federal agencies are required to publish all contracts above $25,000 on SAM.gov. This means that there are many contracts advertised there at any given time. Contact a procurement officer for information on contracts below the $25,000 threshold for publishing. Look… Continue reading Small Business Guide To Crafting Successful Bids For Government Contracts

Understanding The Marketplace It might at first feel like working for the government is very unpredictable. Contractors can be affected by a variety of factors such as budget cuts, regulatory pressures, change of administration, and stringent accounting rules. However, all marketplaces can be volatile and change rapidly according to the whims of consumers. A company… Continue reading Areas Where Small Businesses Can Prosper In Federal Contracting

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 Risks Of Being A Government Contractor For Small Businesses

Guide To The Perfect Government Contract Proposal Simplified Procedures In 1994 the Federal Acquisition Act or FASA simplified the buying procedures of the government. Many of the more harsh restrictions on government purchases were removed for any less than $100,000. Now agencies use much simpler procedures for analyzing and soliciting bids up to the $100,000… Continue reading Guide To The Perfect Government Contract Proposal

Small Business Guide To Federal Bidding Get The Bid Package After you have ascertained the government contract that you want to bid on, it is essential to contact the agency and request a bid package. This package is also often called the solicitation package. After you receive the package, review it carefully. Find out what… Continue reading Small Business Guide To Federal Bidding