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Every year, federal governmentbuyers 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 governmentbuyers and position your business as the preferred vendor.
How do I get governmentcontracts? Key Takeaways Governmentcontracts offer significant growth opportunities for small businesses, with federal agencies allocating at least 23% of contracting dollars to small businesses annually. government promotes economic growth and job creation.
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!
This guide breaks down the crucial steps: identifying contracting opportunities, understanding procurement processes, and building relationships with governmentbuyers. Dive in to learn strategies that can help you secure lucrative governmentcontracts. Research is a key component of this process.
Trying to figure out how to get a governmentcontract? This no-nonsense guide walks you through the contracting process, from initial eligibility to bidding, and ultimately enables your small business to win contracts available every fiscal year. You’re in the right place!
By investing time in these events, businesses position themselves ahead of competitors and increase their chances of winning governmentcontracts. Network with military buyers and government decision-makers awarding contracts for defense infrastructure projects. Why attend? Why attend? Why attend?
This novel approach to contracting can help streamline government approvals of software procurement and speed up the governments access to third-party software solutions using AWS Marketplace by offering a pre-negotiated and consistent end-user license agreement (EULA) for each purchase. Who can benefit from SCMP+FA?
Please join attorney John Holtz , as he heads back to his home state of Nebraska, to the Meet the Buyers Conference. This is Nebraska’s premier governmentcontracting conference where businesses can advance their contracting knowledge, connect with other business owners, and network directly with agency representatives and buyers.
Discover how to navigate the process and secure governmentcontracts for your business. Key Takeaways Bidding on governmentcontracts presents significant growth opportunities for businesses, especially small enterprises, with substantial revenue and credibility benefits. Why Bid on Government Jobs?
The Indian Country Business Summit (ICBS) is hosting its annual “Diversity in GovernmentContracting” ICBSSHOW in Oklahoma City this month. And our very own Gregory Weber will be attending and presenting on federal contracting legal updates. Legal updates is always a great presentation.
In federal governmentcontracting news this week, be sure to check out the stories about the new sustainability rules (and our recent blog ), as well as new legislation on solicitation language and buying technology. It’s wonderful weather for all those recently planted gardens, however, as long as the storms aren’t bad!
"Governmentcontracting is not a secret, it's just a process. When you follow the process, you'll have repeatable, predictable success as a small business government contractor." PHASE 4 | Relationships ' Relationships ' are key to your governmentcontracting business. Download your copy here.
Diving into governmentcontracting with SAM requires a clear roadmap to success. SAM.gov stands as a crucial portal for businesses seeking federal contracts. This article delivers a concise guide on effectively using SAM, from completing your registration to enhancing your contracting strategy.
Social Selling has emerged as a powerful strategy to engage with federal agency buyers and teaming partners. Next he explains when and how to engage to become 'findable' and 'attractive' to potential buyers. So it is crucial to reach and connect with these potential buyers. It is just a process. Visibility.
Want to expand your small business with governmentcontracts? This article covers how a small business government contractor can qualify, find opportunities, and thrive in this space. We’ll explore essential resources, strategies for winning contracts, and compliance requirements.
With so much money in play, it should be unsurprising that government procurement attracts so much interest. Even big names like Amazon, Dell, and Apple hold governmentcontracts in England. The popularity of governmentcontracting is a testament to how beneficial the process can be for your business.
The most important section in your federal proposal and contract will always be pricing – just ask any CEO or federal buyer. But in today’s government market, there are a lot of areas that can confuse a contractor’s pricing strategy. And when you win the bid, the questions remain: “will we make a profit?”
3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4] 4] TINA is intended to “level the playing field” by providing Government negotiators the same cost or pricing data available to contractors.
CSGMP stands out as the premier marketing program designed specifically to drive success in the government sphere. By leveraging the Client Success Government Marketing Program, companies gain access to a comprehensive suite of strategic resources tailored for governmentcontracting.
Earning GovernmentContracts is something that most of us don’t know a great deal about. In his most recent interview on the Spotlight Digital Network with Damon Roberts, Jason shares his knowledge and passion for GovernmentContracting, and explains how you can get started in the industry as well.
Companies entering into governmentcontracting (or expanding their capabilities team skillset) may consider a mergers and acquisition strategy. They can merge with or acquire another contractor to gain past performance history, new contract vehicles and new technical capabilities. subsidiary), then buyers may avoid novation.
A Colorado state judge entered an emergency order Monday forcing a Colorado aerospace company that sold its assets to California-based Interconnect Solutions Co. for $15 million to turn over its business accounts to ISC, which said the accounts are needed to perform work for customer Lockheed Martin.
To set the groundwork for future episodes, Nicole Owren-Wiest and Erin Rankin talk fundamentals: What is the purpose behind the often counter-intuitive and complex governmentcontracts cost and pricing rules? What are the various price analysis techniques available to the world’s largest buyer of goods and services? “It
The Indian Country Business Summit (ICBS) is hosting its annual “Diversity in GovernmentContracting” ICBSSHOW in Oklahoma City this month. And our very own equity partner, Nicole Pottroff, will be attending and presenting on this year’s federal contracting legal updates.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. 23] Because the test for allocability is stated in the disjunctive, a cost is allocable to a Governmentcontract if it meets any of the foregoing criteria. [24]
The government imposes unique requirements and rules that are disconnected from the commercial sector and often require different business systems and compliance mechanisms. Hispanic Americans start more companies per capita than their non-Hispanic counterparts. And it would be a loss for the government and private sector.
Land profitable governmentcontracts and make long-lasting relationships with governmentbuyers. Learn about what to avoid when looking for your next contract. Use the right tools and processes to easily discover your niche. It’s easy to get buried under the licensing, registration, and administrative work.
I was in Iowa last month, John Holtz is headed to Nebraska next week for the Fall Meet the BuyersGovernmentContracting Conference and Nicole Pottroff will be going to Oklahoma the following week for the ICBS Conference. It’s also conference season at SmallGovCon.com. Please come out to see them if you are in the area.
Traditional public procurement is often adversarial between public buyers and suppliers, with each side aiming to maximize its own benefit through strict rules for protection. In contrast, relational contracting emphasizes cooperation for mutual benefit.
This is just one of the 6 Essential Marketing Assets for Small Business Government Contractors in the Federal Marketplace In the market research phase, governmentbuyers are just trying to collect a pool of 'generally qualified' vendors and don't have time to read lengthy documents.
The final rule explains that the SUP-free icon is intended to act “as an important discriminator when buyers are making purchasing decisions” so that FSS contractors that adopt this voluntary measure will become more marketable in the federal procurement space. View the full article
Public sector professionals must responsibly procure goods and service contracts on behalf of the taxpayer. Seasoned practitioners in public procurement can be jaded from situations that have gone wrong, and it is common for inexperienced public buyers to experience risk aversion and fear of the unknown.
Especially in emergencies, agency buyers may rely on the internet for market research. Actively research to find contract opportunities and then pursue them. Contact your PTAC : There are never shortcuts in governmentcontracting. PTACs provide a wide range of governmentcontracting help – most free of charge!
Identify the Pain Areas of the Buyer It is of utmost importance to comprehend the requirements and recognize the torment spaces of the buyer. A tender response should be able to make you stand out from the competition and talk about how your services can add value to the buyer.
And by checking that competition box, you now have a mechanism to receive or potentially get a governmentcontract. So someone like me, a practitioner on the government side who is supporting a governmentbuyer, has the ability to do business directly with you for your solution, not for anything for your solution.
The FAR defines a requirements contract as: A requirements contract provides for filling all actual purchase requirements of designated Government activities for supplies or services during a specified contract period (from one contractor) with deliveries or performance to be scheduled by placing delivery orders with the contractor.
GSA is asking Congress to modify this part of CICA so that using Schedule contracts will meet competition standards when doing so results in the “best value” for governmentbuyers. GSA believes that this change will remove any ambiguities and make clear that Schedule contracts are a competitive method of acquisition.
This will allow buyers to have clear information on their approach, and how to overcome current risks and promote sustainable changes. The Act requires that all public entities consider the social value and impact of procurement decisions, and comply with the Government Buying Standards.
This thorough vetting process ensures that only qualified businesses can engage in governmentcontracting, enhancing overall transparency and reliability. Additionally, SAM registration provides access to federal service desk assistance, helping businesses navigate the complexities of governmentcontracting more effectively.
This made it simpler for specialists to bid for government work and increased government access to technology innovators. The simplified procurement process worked for tech and focused on outcomes, so the government became a knowledgeable buyer of technology. These commitments support inclusive, diverse economic growth.
These federal initiatives give veterans a strategic advantage in the competitive arena of governmentcontracting. Set-aside programs are designed to ensure these businesses have a fair competitive edge in federal contracting. The Public Contracting Institute is proud to support your journey on the path to success.
They leveraged Paraguay’s high quality, publicly accessible open contracting data to measure the existing participation of these smaller businesses and to understand their challenges in working with governmentbuyers. A key insight was that entrepreneurs didn’t know much about governmentcontracting.
Knowing that intelligence benefits all participants in the sales process, GovSpend aims to put procurement data in the hands of both buyers and sellers, enabling them to have smarter, more productive purchasing conversations. The GovSpend platform was built with this workflow in mind.
The platform provides real-time alerts, detailed project insights, customised dashboards, and tailored support for buyers, making it one of the best tools for companies seeking to stay ahead in their business proposals. A good profile makes it easier for your clients to trust you, which will likely attract more buyers.
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