Entries by fedbizadmin

Understanding the FAR: A Beginner’s Guide to Government Contracting (Part 20)

View Previous FAR Breakdowns Government contracts are not just about procurement—they’re also a powerful tool to promote economic growth and stability. Part 20 of the Federal Acquisition Regulation (FAR) focuses on Labor Surplus Area (LSA) Contracting, a program designed to direct federal contracts to businesses in economically disadvantaged regions. By giving preference to contractors located […]

Everything You Need to Know About IDIQ Contracts: A Comprehensive Guide

In federal contracting, Indefinite Delivery/Indefinite Quantity (IDIQ) contracts stand out as a powerful tool for both government contractors and federal agencies. These flexible agreements provide a streamlined approach to procurement, enabling agencies to quickly respond to evolving needs. With this structure, contractors have unique opportunities to secure a continuous pipeline of work, which is essential […]

Breaking Down the SBA’s Proposed Changes to “Rule of Two” and The Potential Impact on Small Business Government Contractors

This month, October 2024, the Small Business Administration (SBA) published a proposed rule change to the “Rule of Two” designed to foster increased opportunities for small businesses in government contracting. This significant proposal aims to apply the Rule of Two across multiple-award contract task and delivery orders. In this article, we’ll explore what the Rule […]

Mastering the Role of a Subcontractor: Essential Tips for Success in Government Contracting

Subcontractors play a pivotal role in Government Contracting in fulfilling contracts awarded to prime contractors. As a subcontractor, your performance is essential not only to the prime contractor’s success but also to your own long-term viability in the federal marketplace. Success as a subcontractor depends on understanding what is expected of you, developing strong relationships […]

Maximizing Your Socio-Economic Certifications: Strategies to Stand Out Beyond the Status

Securing a socio-economic certification like Women-Owned Small Business (WOSB), Service-Disabled Veteran-Owned Small Business (SDVOSB), or HUBZone can feel like a major accomplishment—and it is. These certifications open doors to exclusive contracting opportunities, giving small businesses a chance to compete in an otherwise crowded marketplace. However, many contractors mistakenly believe that simply having the certification will […]

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Understanding the FAR: A Beginner’s Guide to Government Contracting (Part 19)

View Previous FAR Breakdowns Government contracting plays a crucial role in promoting the growth of small businesses across the United States. Recognizing the importance of small businesses to the economy, the Federal Acquisition Regulation (FAR) dedicates an entire section—Part 19: Small Business Programs—to establishing policies that ensure small businesses have a fair opportunity to compete […]

The Benefits of Government Contracting for Small Businesses: Your Gateway to Growth and Success

When it comes to growing a business, especially a small one, few opportunities are as lucrative or sustainable as government contracting. Many business owners assume that federal contracts are reserved for the “big dogs” — the industry giants with vast resources and decades of experience. But in reality, the U.S. government is actively seeking to […]

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Understanding the FAR: A Beginner’s Guide to Government Contracting (Part 18)

View Previous FAR Breakdowns Government contracting doesn’t stop when emergencies strike—in fact, it often intensifies. When unforeseen disasters, national emergencies, or urgent public needs arise, the government must move quickly to secure the necessary goods and services. That’s where Part 18: Emergency Acquisitions of the Federal Acquisition Regulation (FAR) comes into play. Part 18 allows […]

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Understanding the FAR: A Beginner’s Guide to Government Contracting (Part 17)

View Previous FAR Breakdowns In the world of government contracting, we’ve explored various contract types, from fixed-price to cost-reimbursement and everything in between. But what happens when a procurement doesn’t fit neatly into the standard contracting categories? That’s where Special Contracting Methods, covered under Part 17 of the Federal Acquisition Regulation (FAR), come into play. […]