This briefing covers active market intelligence, regulatory guidelines, and tactical capture recommendations for federal and defense contractors pursuing opportunities in this procurement classification.
According to the USA Spending website, the United States Federal Government spent $428 billion on government contracts and federal procurement in 2014. Over 60,000 procurement officers and government buyers were involved in the spending through a wide range of contract types from micro-purchases to Contracts by Negotiation. The market for small business involvement in government contracting grows by the minute while federal agencies like the General Services Administration (GSA) create more GWAC designed for larger, more experienced government contractors. Meanwhile, procurement officers still have to spend 23% of their overall contract budget on small business government contractors. That leaves almost $100 billion in federal funds for small businesses. So what is being done to help small businesses win these available government contracts?
Read more: 5 Reasons Why Businesses Enroll into the Simplified Acquisition Program in 2015
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