New FAR Amendments Create More Opportunity for Small Businesses

New FAR Amendments Create More Opportunity for Small Businesses

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The Federal Acquisition Regulation (FAR) 1.102 amendments were recently adopted and outline new strategies that federal procuring agencies should employ when working with the contracting industry. These amendments are meant to provide more…
Exploring Government Contracting Opportunities for Small Businesses in 2023

Exploring Government Contracting Opportunities for Small Businesses in 2023

U.S. Federal Government is directed to spend at least 23% of its approximately $600 billion annual procurement budget on small businesses. In 2023, small businesses have a unique opportunity to gain access to this lucrative market by exploring…
IRS Identity Verification Issues: Login.gov vs. ID.me

IRS Identity Verification Issues: Login.gov vs. ID.me

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The IRS has recently faced controversy over its online identity verification system. Currently, the IRS allows individuals to verify their identity online if they have received certain letters and their financial and phone information is based…
How to Successfully Bid on Federal Contracts: A Beginner's Guide

How to Successfully Bid on Federal Contracts: A Beginner’s Guide

If you are a small business looking to expand, you may find federal contracting a significant opportunity. After all, the U.S. Government sets aside at least 23% of its contracting dollars for small businesses specifically for their needs. But…
Your Government Readiness Level

FedBiz’5 Podcast | Episode 37: Your Government Readiness Level – Part 1

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Your Government Readiness Level - Part 1 Your Government Readiness Level (“GRL”) is your roadmap from registration to award. Did you win any awards in 2022? Make sure your foundation is set by following an established process known…
Government Contracting Consultant

The Benefits of Working with a Government Contracting Consultant

When entering the world of government contracting, there can be a lot to learn. From navigating the intricate rules and regulations to understanding how to find award opportunities, it's not always easy to know where to start. That's why many…
Tax deductions for government contractors

Government Contractors: Year-End Tax Deductions

Now that December is here, it's time to start thinking about the end of the calendar year and what that means for your business. For many businesses, that means tax deductions - so it's a good time to invest in things that will benefit your…
Commercial Visibility

The Importance of Commercial Visibility for Federal Contractors

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The U.S. Federal Government is the largest consumer of goods and services in the world. Last year the federal government contracted for approximately $566 billion in purchases, and small businesses earned over $154.20 billion of this market.…
HUBZONE OPPORTUNITIES

HUBZone Opportunities

The federal government's goal is to award at least 3% of all federal contracting dollars to historically underutilized business zones (“HUBZone”) certified small businesses every year. In 2021, HUBZone certified businesses received…
Government Contracting Steps after SAM

FedBiz’5 Podcast | Episode 36: What’s After SAM?

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What’s After SAM? The System for Award Management, commonly referred to as “SAM,” is your first step in becoming a government contractor in a process known as your Government Registration Level (“GRL”). It is sometimes called…