Understanding the Types of Government Contracts

Know Contracts or No Contracts: Understanding the Types of Government Contracts

There are several types of government contracts, each requiring a different approach to the bidding process. As a business owner interested in pursuing government contracts, it's essential to understand the different types of contract structures.…
FAR Part 10 Helps to Level the Playing Field for Small Businesses

FAR Part 10 Helps to Level the Playing Field for Small Businesses

By ensuring government contracting officials are required to do their market research, FAR Part 10 helps to level the playing field for small businesses by requiring federal agencies to consider the capabilities of small businesses and provide…
Benefits of Being a Women-Owned Business

Benefits of Being a Women-Owned Business in Government Contracting

In recent years, there has been a significant increase in the number of women-owned businesses that are securing government contracts. This is great news, as it not only promotes gender equality but also stimulates economic growth. Benefits…
Market Research is Key for Successful Government Contractors

Market Research is Key for Successful Government Contractors

Market research is key for winning government contracts as it helps to understand the market landscape, identify needs and requirements, comply with regulations, develop competitive strategies, mitigate risks, establish pricing strategies,…
ChatGPT and AI in Government Contracting

FedBiz’5 Podcast | Episode 43: ChatGPT & Artificial Intelligence Impact for Government Contractors

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The implications of ChatGPT and AI for the federal contracting industry are significant. By automating time-consuming tasks like proposal development and contract management, contractors can focus on more strategic aspects of their business,…
Government Contracting Contract Pricing Strategies

Top Contract Pricing Strategies for Small Businesses

Government contracts can be a lucrative and steady source of income for small businesses in parallel to their commercial business. However, winning government contracts requires a good understanding of the regulations and pricing strategies…
Should My Small Business Respond to a Sources Sought or RFI?

FedBiz’5 Podcast | Episode 42: Should My Small Business Respond to a Sources Sought or RFI?

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Should My Small Business Respond to a Sources Sought or RFI? The purpose of a sources sought notification is to determine if a small business can perform required contract work, while a Request for Information’s (“RFI”) purpose…
Check your SAM Score - are you visible to Government Buyers?FedBiz Access

Introducing SAM Score™ | Are You Visible To Government Buyers?

https://youtu.be/S1bAWrGTC-E The best online directory of businesses selling to the Federal Government just got better! Introducing the SAM Score™. What is the SAM Score™? Your business's SAM Score™ provides you with a clear…
ChatGPT and AI Are Transforming the Government Contracting World

ChatGPT and AI Are Transforming the Government Contracting World

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The world of government contracting has long been known for its bureaucracy and red tape, making it a difficult arena for many businesses to navigate. However, the advent of artificial intelligence (“AI”) and natural language processing…
How the Government Begins Its Procurement Lifecycle

FedBiz’5 Podcast | Episode 41: How the Government Begins Its Procurement Lifecycle

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How the Government Begins Its Procurement Lifecycle All government procurement begins with either an idea or need by a government agency. The procurement lifecycle starts with market research and determining whether the size of the contract…