Introduction The U.S. Small Business Administration (SBA) recently announced an important update for small businesses and small disadvantaged businesses. They have revised their white paper on Size Standards Methodology, which plays a crucial role in defining what constitutes a small business in various industries. This article simplifies these complex revisions and explores what they mean […]
As we head into 2024, the federal contracting landscape is shaping up to be an exciting arena for small and medium-sized businesses (SMBs). The trends we’re seeing now are not just fleeting fads but are setting the stage for the future of government procurement. Let’s straight-talk these trends and explore how your business can gear […]
Entering the government contracting arena for the first time can be likened to stepping into a complex maze. You’ve registered in SAM, meticulously crafted your business’s capability statement, and ensured fulfillment can deliver when needed. But now, you find yourself at a critical juncture, pondering the quintessential question: “Now What?” This scenario often leads to […]
Talking FAR with Frank Hey there, business warriors and government contracting enthusiasts! If you’ve been navigating the labyrinth of Federal Acquisition Regulations (FAR) and finding it a tad overwhelming, you’re not alone. That’s why you need to tune into the latest episode of FedBiz’5, where host Jesse Sherr and FAR guru Frank Krebs break it […]
As we step into the heart of the holiday season, a time of reflection and gratitude, FedBiz Access is proud to announce a special initiative that echoes the spirit of giving and honoring heroes who’ve made the ultimate sacrifice for our nation. A Month of Giving Back This December, FedBiz Access takes a step beyond […]
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. […]
In the digital age, where a Google search is more reflex than choice, having a strong online presence is akin to a firm handshake in the business world. Now, this digital handshake becomes even more crucial when you’re eyeing the lucrative but highly competitive realm of government contracting. Digital Footprint: Your Unspoken Introduction Imagine a […]
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 […]
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 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 […]