Remove Business Strategy Remove Collaboration Remove Competitive Bidding
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SBA Lifts the Application Hold for 8(a) Certification

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Sole-Source Contracts: 8(a) certified businesses have the advantage of competing for sole-source contracts, meaning they can secure contracts without going through a competitive bidding process. This can lead to enhanced collaboration opportunities and increased visibility within the federal marketplace.

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Sole Source Procurement: A Guide to Single-Source Acquisitions

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Having multiple suppliers to choose from allows a procurement team to leverage competitive bidding, ensuring the best value for the organization. In such cases, the competitive bidding requirement is not applicable. It is typically employed to save time and resources by avoiding a competitive bidding process.