Author: Dona Basu

Why Work For The Government? There are many compelling reasons to work for the Federal Government.  We will detail how a small business can benefit greatly from being a government contractor. Being A Government Contractor Is A Great Way To Make Your Business Stand Out In An Overcrowded Field Business can be very competitive. Working… Continue reading Why Small Businesses Should Consider Government Contracting

Can a Small Business hope to compete for federal government contracts? The Federal Government is required to reward a certain amount of its contract to small businesses. Last year the Federal government awarded 25% of its contracts to small businesses. In 2018 the U.S. Small Business Administration announced that the Federal government awarded a total… Continue reading The Small Business Advantage In Government Contracting

How Do I Know That Being A Government Contractor Is Right For My Company? There is very little certainty in business. Having a powerful client that is known for paying its bills on time, like our Federal Government, is a great asset. Also, many of your competitors might be dismissing the idea of being a… Continue reading Government Contracting Opportunities For Women

Make Sure You Have The Right Staff It is vitally important that government contractors have skilled accounting staff to ensure that the company complies with all policy regulations. The company must have adequate policies and procedures to prevent mistakes, especially for their timely discovery and correction. This helps cut down on exposure to accounting errors… Continue reading Procurement Advice For Government Contractors

The Key To Winning A Government Contract Is To Pay Attention To Guidelines You must read closely to what the request for proposals or RFPs wants in your bid. Make sure that you are aware of deadlines and who is handling the requests. Usually, small businesses have 6 to 8 weeks to submit a bid… Continue reading How Small Businesses Can Win Government Contracts

What is FAR? The FAR is a standardized set of regulations employed by all federal agencies in making purchases. It provides procedures for how to maneuver in the procurement process. It takes you through the need for the product and service to the award of the contract. Specifications As of 2001, the United States Federal… Continue reading Government Contracting Opportunities For Small Businesses

The Government Would Like to Keep Contract Conflicts Out of Court All contractors have the right to dispute and appeal. However, the government prefers to try to resolve all contractual issues in controversy by mutual agreement at the contracting officer’s level. The government expects you to use reasonable efforts to resolving controversies, before the submission… Continue reading How To Properly Protest A Government Contracting Decision For Small Businesses

Contract Administration Issues Federal contracts are different from the average commercial contracts. They have general contract provisions that are unique to the government. These contract provisions include statutory or regulatory requirements that only apply to the federal government. They include the following: Termination for default  Termination for convenience Contract changes Payments Specifications Inspection  Testing.  These… Continue reading Terminating Government Contracts

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 Government Contracting Challenges For Small Businesses

Special Consideration In many markets, small businesses are often outcompeted by larger organizations that often have access to almost unlimited resources. This set aside actually might increase a small business’s chances of winning a lucrative bid. The following is set as statutory rules to give small businesses a fair chance in the marketplace: 23 percent… Continue reading Small Business Contracting Advice For Minorities