Learn More About Government Contracts and Awards
The federal marketplace remains lucrative for small businesses. With a budget of approximately $500 billion allotted for contracts every year the word lucrative may be an understatement. The federal government aims to share a large chunk of its $500 billion dollar budget with small business nationwide. Fortunately, the law requires that 23 percent of those dollars be awarded to small businesses. Doing business with the federal government may be rewarding but it is not necessarily easy. One of the hardest parts of federal government contracting is finding the right opportunities and familiarizing yourself with government guidelines.
Eight Tips For Locating Government Contracting Opportunities
According to the Small Business Administration finding and contracting with government agencies can be mutually beneficial for all involved. When searching for federal government contracting opportunities there are a few things to keep in mind. Taken straight from the Small Business Administration’s here are eight tips to help you find, understand and maintain a government contract:
- Familiarize yourself with the governing rules.
- Understand what the government is buying.
- What agencies are required to contract with more small businesses?
- Research existing, upcoming, and previous opportunities.
- Keep your eyes and ears open for public meetings, seminars, or other government events
- to attend.
- Join forces with the Office of Small and Disadvantaged Business Utilization (OSDBU).
- Contact the Small Business Administration Procurement Reps.
- Don’t go it alone.
It seems very overwhelming but it doesn’t have to be. A federal government attorney can help you navigate contracting with the government.
Government Contract Attorneys for Texas Business
Our team of attorneys have been serving clients nationwide for two decades. Our firm specializes in government contract law, we are experienced, knowledgeable and dedicated to you and your legal needs. Call us to schedule your federal government contract consultation today (202) 448-9677.
