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11 Ways Federal Buyers Will Find Small Business Contractors in 2024

GovCon Chamber of Commerce

If you are a small businesses seeking federal contracts in 2024, you must prioritize your visibility and attractiveness to federal buyers. When federal buyers are looking for a partner to meet their program requirements, you want to be the first company they see. If they can't find you, they can't buy from you!

Buyers 105
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How to Use Capabilities Briefing Decks to Start Conversations with Government Buyers

GovCon Chamber of Commerce

Every year, federal government buyers actively search for thousands of small business vendors who are ready to meet their procurement needs, ensuring projects are completed efficiently 'on spec, on time, and on budget'. T hese assets must capture the attention of government buyers and position your business as the preferred vendor.

Buyers 105
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Breaking down barriers: The challenges of federal micro-purchases for small businesses

Federal News Network

Bureaucratic hurdles Federal agencies, under increasing pressure to modernize and improve operational efficiency, often find themselves constrained by the very procurement systems meant to streamline the process.

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GSA is cooking up a new, comprehensive procurement data source

Federal News Network

So I think the biggest improvement that I’m seeing as the data posture within the FAS, within GSA continues to expand and grow is efficiency. There is an efficiency for the contracting officer and efficiency for the supplier efficiency for the contract agency. But I have no firsthand knowledge of that.

Data 104
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Is e-Procurement Free For Buyers?

Mercell

By telephone, the buyer let me know that the offer seemed very reasonable and that she was going to ask for approval from her manager. As a seasoned buyer, she went to her manager with 2 other offers. Why would the ‘free-for-buyers’ solution care about increasing the efficiency and raising the quality of the work of buyers?

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Working Capital: Leverage Spend to Improve Capital Efficiency  

ivalua

If we apply the adage of, “Whomsoever holds the gold makes the rules”, we can further leverage this purchasing power to unlock working capital, improve capital efficiency, and generate savings. Under the standard trade terms of Net 30, the buyer is given 30 days to pay the supplier after receiving the invoice for goods or services rendered.

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How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

The number of suppliers per buyer increased from 8.0 Failed competitive tenderswhich previously offered a loophole for buyers to resort to direct awardshave dropped from 52% of the value of public tenders in 2018 to around 3% in 2022 to 2024. The data also indicates that buyers are making a concerted effort to improve their planning.