Each year, the Federal Government spends billions of dollars on the construction of roads, schools, and other public infrastructure. This is a great field to pursue that will not be slowing down anytime soon due to the recent pandemic. Register With SAM SAM stands for System Award Management. In order to do any business with… Continue reading How To Get Government Construction Contracts
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Government Contracting Assistance For Small Businesses
Small Businesses Are Given Special Consideration When It Comes To Government Contracts 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 federal government is required to set aside at… Continue reading Government Contracting Assistance For Small Businesses
How To Obtain Your First Federal Contract As A Small Business- Part 2
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 How To Obtain Your First Federal Contract As A Small Business- Part 2
Government Contracting Procedures
Where Do You Find Government Contracts For Bidding Search for opportunities at the following SAM.gov. Federal agencies are required to publish all contracts that are above $25,000 on SAM.gov. This means that there are a large number of contracts advertised there at any given time. Contact a procurement officer for information on contracts that are below… Continue reading Government Contracting Procedures
How Small Business Can Break Into Federal Government Contracting
So, How Does A Small Business Successfully Start Relationships With Key Government Contractors? The first step is to become familiar with the government marketplace. Do your research and become familiar with the terms that are commonly used in that industry. Then study the different regulations and become certified with the government, if necessary. You could… Continue reading How Small Business Can Break Into Federal Government Contracting
Federal Procurement Methods
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 purchase that was less than $100,000. Now agencies used much simpler procedures for analyzing and soliciting bids up to the $100,000 amount. However, the government is still required to… Continue reading Federal Procurement Methods
Federal Contract Termination-Part 2
The United States Government Want To Encourage the Success of Small Businesses As we mentioned in the first part of this series, the federal government is required to set aside at least 23 percent of its total spending specifically for small businesses. This includes contracts specifically for women-owned small businesses, small disadvantaged businesses, companies within historically underutilized… Continue reading Federal Contract Termination-Part 2
Is Government Contracting Right For Your Business?
Being A Government Contractor Is A Great Way To Make Your Business Stand Out In An Overcrowded Field Business can be very competitive. Working on government projects is a great way to make a mark in an oversaturated market. The government has a great deal of work specifically set aside for small businesses. Also, many… Continue reading Is Government Contracting Right For Your Business?
How Has The Coronavirus Affected Government Contracting?
The Coronavirus has changed almost every aspect of life in the United States and around the world. Government contractors are facing some very unique challenges as they try to adjust to this ever-changing course of events. However, Federal contractors are also in a very unusual situation. Sure, there definitely have been some closures and work stoppages but… Continue reading How Has The Coronavirus Affected Government Contracting?
How Minorities Can Get Lucrative Government Contracts
There were certain groups that have experienced discrimination in the past that were not related to their individual qualifications. This discrimination kept them from participating in the free market because they did not have access to capital. In response, the Federal government tries to award contracts to businesses that are at least fifty one percent… Continue reading How Minorities Can Get Lucrative Government Contracts