Entries by fedbizadmin

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Navigating New Opportunities: The Biden Administration’s Boost for Small Disadvantaged Businesses

In a significant move by the Biden Administration, the Office of Management and Budget (OMB) has issued a directive that sets a new target for federal contract spending. This initiative aims to allocate 13% of such spending to small disadvantaged businesses in the fiscal year 2024, with a broader goal of reaching 15% by 2025. […]

Understanding the New “Close Contract for New Awards” Modification: Implications for Government Contractors

The General Services Administration (GSA) has introduced a significant modification called “Close Contract for New Awards.” This development, available in eMod, is particularly relevant for contractors and customer agencies. It allows contractors to signal to potential and current customers about the status of their Multiple Award Schedule (MAS) contracts concerning accepting new orders. This can […]

Getting Help in Government Contracting: The FedBiz Access Edge

Understanding the Challenge of Government Contracts For small business owners, the phrase “Getting Help in Government Contracting” is more than just a statement; it’s a critical step towards success. The journey into government contracting can be daunting, filled with regulations and competition. That’s where the importance of getting the right help comes into play, and […]

The Biden-Harris Administration’s New Contracting Initiative: A Game Changer for Government Contractors

The Biden-Harris Administration has recently unveiled the Better Contracting Initiative (BCI), a groundbreaking approach to reform federal government procurement. This initiative aims to optimize the government’s purchasing power, securing better terms and prices for a wide range of goods and services. The BCI is particularly significant for government contractors, as it heralds a new era […]

Capability Statement Mistakes to Avoid in 2024

In federal contracting, capability statements are pivotal for small, rapidly growing government contracting businesses. However, as these businesses evolve and aim for larger, more significant contracts, the approach and tactics that once brought success may no longer suffice. This blog post aims to guide you through common pitfalls in creating a capability statement and how […]

The Keystone of Success in Government Contracting: Continual Growth and Adaptation for Small Business Owners

The role of small business owners is pivotal in the intricate and highly competitive arena of government contracting. With governments regularly seeking to diversify their supplier base and invest in small businesses, the opportunities are vast, yet so is the competition. Being a well-versed and well-rounded small business owner is not merely a recommendation; it […]

Contingency Contracting: An Overview and Its Place in Government Contracting

In the unpredictable world of government projects, contingency contracting emerges as a vital tool, designed to ensure that operations can continue smoothly in the face of unforeseen circumstances. This article delves into what contingency contracts are, their importance in the government sector, and the considerations for contractors contemplating this path. What is Contingency Contracting? Contingency […]

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FedBiz’5 Podcast | Episode 52: Harnessing the Power of Forecasting in Government Contracting

Harnessing the Power of Forecasting in Government Contracting Navigating the complex world of government contracting can be daunting for small businesses and government contractors. This new episode of the FedBiz’5 Podcast, hosted by Jesse Sherr with guest Frank Krebs, a seasoned government contracting specialist, shines a light on the indispensable skill of forecasting for success […]