It is undeniable how the rules and regulations that make up the government contracting industry can confuse many, including existing contractors and industry professionals who have been around for quite a while now. So if you are still starting in this industry, know that you are not alone in this! All it takes to get […]
Transferring information from one person to another is a vital process, whether it is for business or personal reasons. Effective communication and constant flow help strengthen a positive relationship between the sender and the recipient. Clear communication with external parties has a significant impact on small businesses or companies, especially when negotiating a business […]
Subcontracting is the practice of allocating some portion of an existing contract by a prime contractor with another party known as a subcontractor. Contractors hire subcontractors with contract work to help them with the overall responsibility for the project completion, execution within its parameters, and meeting the deadline. When businesses work under an independent contractor, […]
A DoD Prime Contractor is a company or organization that provides products and services to the United States Department of Defense. The DoD is one of America’s largest federal agencies that offer a diverse pool of opportunities available for prime contractors and subcontractors. They require their contractors for various jobs such as procuring the latest […]
Every fiscal year the federal government spends billions of dollars to hire general contractors, independent contractors, and even small business owners to provide products or services that will suit their needs. The government procures almost everything from a single piece of paper to military aircraft, technological assistance, and even complex research. For businesses to […]
Several private companies are now setting their sights on selling their goods and services to the federal government. With the opportunity to earn a high margin of profits, becoming a government contractor seems like an attractive option to grow business further, no matter what industry it may belong to. But, with great profit comes greater […]
No matter the size of your enterprise is, may it be a small business or a large corporation, government contracting is a lucrative business opportunity. With the government’s budget for federal contracts increasing every year, more government contracting opportunities are now up for grabs. However, before you start seeking and bidding for federal contracts, you […]
What are staffing contracts? Staffing contracts are types of contracts used by companies or organizations when they require temporary talents to fill in the roles for the job. The federal government issues staffing contracts to temporary staffing services agencies to fill their ranks in federal agencies. Government contractors also issue contracts to freelancers or staffing […]
Joint ventures, set aside contracts, fixed-price contracts, and incentive contracts are some of the government contracts that you can often hear when transacting with the federal government. Indeed, the federal government offers business opportunities in different contract forms. With so many types of government contracts different benefits come from it, but how do they really […]
The United States government is one of the world’s biggest spenders—and one of the best clients you can have for your business, no matter your industry. Awarding more than $680 billion in government contracts in the fiscal year 2020 alone, entering into a contract with this public institution can unlock lucrative business opportunities that have […]
