As an active business owner in the Government Contracting sector, navigating the complexities of pricing a government contract can be a challenging yet rewarding endeavor. When pricing a significant contract, such as a 7-figure, ten-year government contract, it’s crucial to understand and incorporate various elements into your pricing strategy to ensure it is competitive, compliant, […]
As 2023 winds down, government contractors are gearing up for what promises to be an exciting and potentially lucrative 2024. This is the time to reflect, reassess, and reinvigorate your strategies to ensure a more successful year in government contracting. Here’s a comprehensive guide, presented by FedBiz Access, on what you should be doing in […]
Transitioning from commercial to government contracting is a significant strategic move for any business. It opens doors to new opportunities but also introduces a unique set of challenges and requirements. This comprehensive guide aims to navigate businesses through this transition, spotlighting the key differences, challenges, and opportunities inherent in government contracting. Understanding the Landscape: Commercial […]
One-on-One Engagement Engaging directly with Contracting Officers is essential. FAR Part 15 not only allows but encourages these exchanges, offering a unique opportunity to present your business’s strengths and understand the government’s requirements. This engagement is not about aggressive sales tactics but about building a mutual understanding and trust, which can be a significant competitive […]
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. […]