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 How Small Businesses Can Terminate A Government Contract
Author: Dona Basu
Small Business Government Contracting Assistance
Welcome Back! In the first part of our series, we talked about some of the technical things your business needs to complete in order to land your first government contract. Now, we will discuss some ways in which you can get your foot in the door to this lucrative world. Narrow In On The Customer’s… Continue reading Small Business Government Contracting Assistance
How Can Small Businesses Enter The Lucrative World of Federal Contacting-Part 1
How Can Small Businesses Enter The Lucrative World of Federal Contacting Part-1 Can a Small Business really hope to compete for federal government contracts? The Federal Government is required to reward a certain amount of its contract to small businesses. In fact, last year the Federal government awarded 25% of its contracts to small businesses.… Continue reading How Can Small Businesses Enter The Lucrative World of Federal Contacting-Part 1
How Small Businesses Can Prepare To Be Successful Government Contractors
The Island of Security in Uncertain Times 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 dismiss the idea of being a government contractor as being too much trouble. This… Continue reading How Small Businesses Can Prepare To Be Successful Government Contractors
Small Business Hacks To The Lucrative World Of Government Contracting
Why Work For The Government? There are many compelling reasons to work for the Federal Government. We will go into in-depth detail about 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… Continue reading Small Business Hacks To The Lucrative World Of Government Contracting
Untangling The Best Way To Bid On Government Contract
Understanding The Federal Contracting System General Services Administration, also known as GSA, is responsible for acquiring the goods and services needed by federal agencies. The United States government basically needs everything and is a super consumer worth $500 billion dollars. The government uses schedules to purchase goods and services. When there is a need in… Continue reading Untangling The Best Way To Bid On Government Contract
How Minority-Owned Businesses Can Become Successful Contractors
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 How Minority-Owned Businesses Can Become Successful Contractors
A Small Business Hack To Success
As a government contractor, being listed in the SAM directory can open up a world of opportunities. The advantages include access to government contracts, which can provide a stable source of income and potential for growth. Additionally, being part of the SAM directory can enhance credibility and trustworthiness in the eyes of potential clients. However,… Continue reading A Small Business Hack To Success
Federal Contracting Tools For Small Business Success
The Federal Government Has Government Personnel That Are Strictly Utilized to Help Small Businesses Be More Competitive In Securing Government Contracts Here are some examples: SBA Procurement Center Representative (PCR): Procurement Center Representatives are often located at a significant government buying office, even though they technically work for the Small Business Administration. They will identify… Continue reading Federal Contracting Tools For Small Business Success
How Federal Contracting Can Be Lucrative For Small Businesses
The United States Federal Government The United States government buys many products and services from suppliers who meet certain qualifications. It applies standardized procedures to acquire goods and services. The procedures used by the government can be found in the Federal Acquisition Regulation (FAR). The beginning of the decade is a great time for small… Continue reading How Federal Contracting Can Be Lucrative For Small Businesses