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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

This article seeks to disentangle these overlapping terms by examining the tools and methods that are often used interchangeably. Limited Competition : An RFQ may be restricted to the local market when the required goods or services are readily available locally. What is a Solicitation Tool?

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Mastering SAM Government Contracting

Select GCR

This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy. To thrive in federal contracting, having an active registration on SAM is non-negotiable. SAM.gov stands as a crucial portal for businesses seeking federal contracts.

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Sole Source Procurement: A Guide to Single-Source Acquisitions

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This article cuts through complexity to address when sole sourcing is necessary, the justification process, and how to manage the associated risks. Having multiple suppliers to choose from allows a procurement team to leverage competitive bidding, ensuring the best value for the organization. Navigating sole source procurement?

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Winning Strategies for the Aspiring Government Contractor

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Whether you’re new to the industry or seeking to refine your strategies, this article can help elevate your business in the competitive sphere of federal contracting. Even partnerships and LLCs negotiating federal contracts are barred from making political contributions and expenditures.

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Understanding the Procurement Cycle: From Need Identification to Contract Closure

The Procurement School

The purpose of this article is to outline the RFP process. This is a very condensed process for this article as depicted in the 6 steps including proposed timelines as listed in the following image: STEP 1 Determine what you need by creating a Statement of Requirements (SOR) 1. Payment Terms – Net 30 or 2% Net 15.

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Mastering Bidding on Government Contracts: Pro Tips & Strategies

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This article will show you the steps to take, from understanding different contract types to crafting a winning bid, including how to find government contracts and bidding on them. Showcasing your track record reassures government buyers of your capability and reliability, making your proposal more persuasive and competitive.