A federal contract awarded to your business is like a Christmas present or an unexpected asset. It is also a joyful reminder of cooperation and hard work after searching and qualifying for government contract opportunities. But before you take a celebratory drink and a toast, bear in […]
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Doing business with the government is always profitable. Not only that you can secure good, stable and possible long –term contracts, the government is always in need of good products and services coming from many businesses. Before you snag the golden business opportunities with the federal government, […]
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Many entrepreneurs dream of having their own stable company to develop so that they could land government contracting jobs. Certainly, there are many obstacles to face while achieving government contracting jobs these days. One of an entrepreneur’s aspirations is to own a government procurement company. A business […]
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It’s every small business owner’s dream to engage in federal business opportunities. If everything is done right, then certainly that goal will be achieved. Years have passed and still how federal procurement is perceived still hasn’t changed. It is still seen as a very difficult and tedious […]
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A lot of factors go into the process of successfully acquiring government contracts. The rate of the bid is just one aspect. Marketing one’s services to the government is just like selling to regular buyers. The strategies and principles are the same. As a customer, the government […]
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As a starting business in the government procurement market, you should be aware that it is highly competitive. Demanding is another adjective that you could use to describe it because it is the government that you need to serve. It is the taxpayers’ money that you’ll handle […]
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There are five things to be done before writing any proposal. First, the Return on Investment (ROI) associated with submitting a proposal must be considered. Second, the cost of writing the proposal must be guaranteed acceptable in terms of the potential for new business even if you […]
Read more →Before discussing the basic difference between RFP, RFQ and IFB, RF it is necessary to give what these acronyms stand for first. IFB stands for Invitation for Bid, RFP stands for Request for Proposal, and RFQ stands for Request for Quote. Basically, these types of government solicitation differ […]
Read more →Summary: Employees of the federal contractors perform crucial roles in government procurement. Thus, they are entitled to several benefits and rights as mandated by the Davis-Bacon Act. Venturing into government procurement process is one of the greatest leaps that small enterprises can take. And while federal contractors […]
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