How to bid for government contractsPosted by Mcbride McAllister on February 3rd, 2021 If you are a large or small business looking for a market to supply your goods and services to then applying to be a government contractor is a viable opportunity to obtain long-term business. Considering that the government needs the multitude of goods and services that only businesses in the private sector can provide, it may be a worthwhile business proposition to apply for a federal government contract. To be considered there are a few general guidelines that may help you in your decision: The government will work with private businesses both large and small. This, therefore, poses the question of how to get government contracts. how to bid on government contracts To acquire a government job you have to make an application to put your bid forward. Smaller businesses can still petition for jobs and rightly so as the government specifically puts aside contracts under 0 000 to encourage small businesses to apply. There are a wide variety of products or services that the government requires and your business might just be one of them. The quickest way to find out if your goods or services are needed is to visit a government contract website and do a quick keyword research to see which government contract companies your products or services are most suited to. Most importantly make sure that the Request for Quote or RFQ is filled out as accurately as possible to avoid potential disqualification. It is also vital to register with the government and be familiar with their processes. You can visit The Small Business Administration’s page and the Office of Small and Disadvantaged Business Utilization, or OSDBU to get more information and assistance as to what is required of you. There are particular organizations that designations within the government aim to assist and these include Woman-Owned Small Businesses, Small Disadvantaged Businesses, and Service-Disabled Veteran-Owned Businesses. If you have contracted your goods or services to the government and are in the process of waiting to receive payment as per the 30 day wait period and need additional funding to help cover your expenses during this period, contact Triumph Business Capital today.Like it? Share it! |