What You Need To Know About Federal Contract Bids

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The United States government purchases a lot of goods and services and in order to ensure that small business owners are prospering, the federal government seeks to contract with them. As a small business owner, if you are interested in securing contracts with the federal government, the following tips will be helpful to you.

It is very essential to register with Central Contractor Registration (CCR) so that you will be part of the contractor database and be eligible to bid for government jobs. CCR is the main registrant database for the federal government and it gathers, authenticates stores and disseminates data in order to give assistance to agency acquisition tasks. Four things are needed to complete your registration with CCR:

  • A D-U-N-S number
  • Tax/employee identification number (TIN/EIN)
  • Electronic funds transfer information (EFT).
  • Statistical information about your business

D-U-N-S

A D-U-N-S is a nine-digit number that is exclusive to your business. The number is the general standard of identifying more than 100 million businesses universally. If you have a D-U-N-S, the credibility of your business will be increased and you will have the opportunity of bidding on federal government’s contracts. In addition, potential customers, suppliers and lenders will easily identify and learn about your company. You will also be able to apply for federal grants for your business if you have the D-U-N-S. FedBizOpps

Moreover, you need to market your business to the federal government as you will do to any private company. After you have registered with CCR and obtained a D-U-N-S, you should promote your business to prospective agencies. It is important to be familiar with an agency and know how your business fits its needs before bidding. You should focus on selling the advantages of your products or services so that you will be considered. FedBizOpps

There are regulations to ensure that businesses are treated fairly in government bids. The contracting goals of the federal government assist to set up guidelines in order for a specific percentage of contracts to be awarded to companies under these categories:

  • 23% of prime contracts for small businesses.
  • 5% of prime and subcontracts for women-owned small businesses.
  • 3% of prime and subcontracts for service-disabled veteran-owned small businesses
  • 3% of prime contracts for HUB Zone small businesses. FedBiz.Gov

Even though the goals of the federal government may not be fully achieved, they are essential in ensuring that federal agencies give consideration to small businesses for procurement opportunities. If your business falls into one of these categories, it is important for you to indicate it in your CCR registration.

Federal Business Grants

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The Federal Business Grant happens to be the largest source of free and fast business grants. These grants are provided either with zero percent interest or very low interest rates. They are beneficial to small as well as large businessmen, group or organization to carryout expansion or growth. These business grants help a small or large business group to grow and reach new heights. These grants are available in large numbers and the Federal government provides around millions of dollars every year to businessmen, who qualify and meet all the required eligibility criteria. FedBizOpps

Till date, many small and big business organizations have availed of these benefits. One can avail of the these grants for almost anything related to his business, like

1. Business expenses.

2. Overhead expenses.

3. Business expansion expenses.

4. Equipment financing.

5. Infrastructure funding and many more.

This grant provides lot of opportunities to people who plan up to start a business but have no funds with them. They can be said to be the best way of starting business other than opting for debts. People are unaware of these grants as the grants provided by the Federal Government are not advertised as compared to the various loan options available from financial institutions.

Anyone can avail of these grants, provided he/she is over 18 years, is a US citizen or a legal resident and also plans to use this money legitimately. One needs to have a genuine reason and purpose to apply for this kind of funding. There are various types of grants available and one can apply for the one which suits best for his/her business interest. One doesn’t need to provide any security deposit or guarantor to avail these grants and even a person with a bad credit history can surely avail these benefits. If one tries to get loan from a bank or other such financial institution, he needs to handle a lot of paperwork and also the whole process could be a bit time consuming. But when it comes to Federal Business Grants, they work very fast and don’t involve a lot of paperwork. FedBizOpps

There are many Federal Business Grants available for people, though the sad part about it is that, many people hardly know about them and hence are not able to avail of such benefits. One can’t possibly discuss about all the grants available, but few of them are as follows:

1. Federal Grants For Small Business: This grant provides business opportunity to anyone who plans to start a new venture. This grant encourages the new entrepreneurs to take up small business and thus provide employment opportunities to flourish the country’s economy.

2. Business Grants For Minorities: This type of business grant provides opportunity for people, who come from minority background, to start up business and have a stable source of income. Such grants not only promote economic empowerment but also help in their overall development.

3. Grants For Women In Business: Such grants prove beneficial for women, who look out for capital funding to start up a business. These grants are made available for any woman, irrespective of her race or other issues. In fact women coming from minority groups can also avail of these grants. FedBiz.Gov

4. Grants For Black Business Owners: These grants are specifically for those African American people who reside in US. This grant empowers these people in fields of business and promotes their economic development.

5. Native American Small Business Grants: The grant in this section is made available to all the Native Americans. These Native Americans could be any inhabitant of America, whose forefathers existed here before the arrival of Europeans. This grant provides small business loans to start up a business and thus bring development within the community.

Apart from all these, there are many Federal Business Grants that provide business opportunities in various other sectors like farm business, automotive companies, Ethanol production, exports and many more. It is better to avail of these opportunities and help your business reach new heights.

For detailed information on Federal Government Grants [http://federalgranttips.com], visit FederalGrantTips.com [http://federalgranttips.com].

Free Federal Government Small Business Grants

FedBizOpps – You may have heard of the catchy attractive commercials about free Federal government business grants for small business loans. Or as they say, “Millions in free government money”. But is this really true? Or is it just a hype?

Before you plan how to get financial help to start your own small business, it is important to discover about your options. And in the current economy that most private and federal loans come with high interest rates, finding a free business grant may look like the most affordable option.

Free Federal Small Business Loans – Hype or Truth?

The good news is, there is such a thing as a free grant that comes as a financial help from the taxpayers’ money. But obviously, it is not possible for every business to receive such financial help.

Your small business needs to qualify for this type of government grant. So if you are simply looking for some fast cash or easy money to help you start up your business, or even considering it as a personal loan possibility, you can stop looking. This type of grant will not apply to your situation. FedBizOpps

However, if your business is in a field that qualifies for this grant, you can consider it. Here are some of the most popular areas that businesses can receive a free government grant for:

– Businesses related to or working with state and governmental organizations
– Educational organizations – including private institutions of higher education
– Public housing organizations
– Non-profit organizations and causes

What About Small Businesses or Individuals? Can You Qualify?

It depends on your area of expertise and development. If you can prove to the government that you are participating in a scientific research that helps in some sort of useful important development benefiting the country and a large group of people, you may qualify for a free grant.

This does not necessarily have to include non-profit organizations – although it is easier to receive financial help from the federal or state government for these reasons. FedBizOpps

But as an individual or a small business, you can also apply and receive a free loan and a grant. You simply need to direct your business motives and direction towards valuable scientific or humanitarian outcomes. FedBiz.Gov

In summary, your small business activities must prove to help in such ways that the government finds it worthwhile to invest the taxpayers’ money in your efforts. Then you can easily receive this type of business loan grant for your startup.

Looking for an easy, guaranteed way to get your Bad Credit Business Loans? Discover the secret to get your business loan grant application approved in 7 days.

Check out these free tips on Government Small Business Loans to help you get your loan easily and fast.

Fedbizopps Online Listing For federal business opportunities

FedBizOpps  is a constantly updated online listing of live federal business opportunities available to businesses within the Private Sector. All businesses which have completed the minimum required registration for selling to the government are able to register on Fed Biz Ops and review posted solicitations. So what types of federal business opportunities can be found for small, medium, and large businesses on fedbizops; and how can a business owner identify the solicitations for which they are most qualified?

The intention of this article is to introduce you, as a business owner, to Fedbizopps and explain how best to market your business to the United States Federal and State Government Agencies and target qualifying solicitations.

Registering Your Business on Fed Biz Ops

Registering your business on Fedbizopps is an important step in selling to the government, as it is your opportunity to list all the capabilities of your business – as well as contact information, website address, and more. Just as companies are seeking federal business opportunities on which to submit bids, government agents are scanning fedbizopps for qualified suppliers for numerous untold government contracting possibilities.

Be as thorough as possible when registering your business on fed biz ops, and make sure to include any and all NAICS under which your company operates; as well as any applicable and registered self certification status, such as small business, minority owned, women owned, disabled vet owned, and others.

Identifying Federal Business Opportunities

When seeking federal business opportunities, it is important to maintain a realistic point of view as a business owner. Once registered on fedbizopps, business owners may “Search for Opportunities” by NAICS, set aside status, date of solicitation, and more. It is highly recommended to search for government contracting opportunities first within your NAICS and self-certification status for which particular government contracts have been set aside.

Review the preliminary qualifications on each solicitation to ensure your company meets all criteria for submitting a bid. Review documents such as FAR, solicitation guidelines, performance work statement, statement of work, and Modifications for qualifications such as: Length of time in business, annual gross sales requirements, additional required certifications or registrations, past performance requirements, and other important details that will indicate whether or not the solicitation you are viewing is an advantageous and logical federal business opportunity for your company.

An additional step to take upon verifying your ability to meet basic requirements is to ensure the solicitation will be open long enough for you to prepare a bid. If the opportunity in which you are interested is set to expire within days of your viewing it, you most likely do not have time to attend all the required pre-contract meetings and site visits and prepare an adequate bid. You may review the solicitation for extensions, but most expire on their indicated date and are awarded soon after.

Bidding on Government Contract Solicitations

Once you have identified opportunities for which your business qualifies, it will be important for you to build a plan on gathering all required documentation for submitting your bid. It is perfectly acceptable and often times required prior to contract award to perform a site visit in order to accurately gauge the complete project scope. Additionally, you need to stay aware of mandatory pre-award meetings and surveys, as well as Modifications posted which could have a profound impact on bid submission requirements. Fedbizopps

Many business owners have difficulty determining a ‘fair and reasonable’ price for services or goods that will be offered to the government. If you are having trouble providing a quote for a solicitation you may view previous awards on fedbizopps to see what various government agencies paid your competitors. Search by “Awards” to find details of previously awarded government contracts within your NAICS. FedBiz.Gov

Billions of dollars worth of federal business opportunities are awarded on fedbizopps every year, and there is no reason why your company can’t be one of the thousands of vendors profiting from federal procurement on Fed Biz Ops.

Introducing yourself as a small business to the United States Government isn’t always easy, but there are numerous programs designed to help your business generate revenue from federal procurement. To learn more about how to sell to the government through Fed Biz Ops, visit [http://www.cosmopolitan-contracting-group.com/fed-biz-opps-federal-business-opportunities-fedbizops.php]

The Basic of Government Contracts

FedBiz.Gov – Fed Biz Access for Federal Gov Contractors;Government Contracting Opps; Federal procurement actions, contract award, sales of government property; Search for registered Federal contractor services …

The United States federal government is the largest purchaser of goods and services in the world. This makes them one of the most sought prospects for businesses. The question is how to begin pursuing the US government’s business. The following are some basic elements to US federal procurement and some important information about government contracts.

CCR. The Central Contractor Registration (CCR) is the first-step in becoming a government vendor. All vendors must be registered in the CCR before a contract or purchase order will be given by the federal government. It is a simple process but a business must be ready with its tax ID and a Data Universal Numbering System (DUNS) number. The DUNS number serves the role of identifying a business and establishing a number to track credit worthiness. When registering a business must also know its NAICS and SIC codes. These are numerical codes that identify what business category one’s business is in. Identifying what categorical code a business is in can be done online prior to enrolling.FedBiz.Gov

ORCA. The Online Representations and Certifications Application (ORCA) is a registration a business needs to register their business with if they will be looking for large contracts. ORCA collects what representations and certifications a business has that are applicable to the business. This way a purchasing officer can check online to see if a vendor is in compliance.

GSA. The General Services Administration (GSA) is a major player in the civil government’s purchasing process. One role of the GSA is to pre-approve vendors and their offerings so that a purchasing officer in the federal government can buy from their lists. The lists are better known as Schedules. Because the GSA schedules and contracts have been pre-approved a purchasing officer does not need to open a bidding process. If a purchasing officer decides to buy off-schedule (under $2,500) then there must be a bidding process. Getting on schedule is a lengthy process and does not assure getting government business. It simply makes it one-step easier.

FedBizOpps. Federal Business Opportunities (FedBizOpps.Gov) is an online database that posts contracting opportunities and purchases the government wishes to make over $25,0000. It is a requirement that the federal government put out to open bid any purchase above $25,000, with a few exceptions. This database is searchable by any manner of perimeters. Also, a business can register to get notifications of opportunities based upon certain criteria.FedBiz.Gov

More information about government contracts is available about government contract jobs and procurement marketing. Good information for businesses looking at working with the US federal government.

What is the GSA?

FedBiz.Gov

What is the GSA?The General Services Administration (GSA) was established to oversee the purchasing and managing of federal government property. This has grown to include services and travel regulations, but does not include military concerns. The GSA is self funded through a rebate on purchases made by vendors, which gives it an autonomy from the legislative branch of the government.

The GSA is the cornerstone of federal purchasing, especially as the Department of Defense and the GSA try to consolidate as much purchasing efforts as they can. The GSA is charged with assuring that government purchases are fairly executed between purchasing agents and vendors, while also assuring the federal government is getting the best value. The GSA has set-up a number of protocols and systems to make this happen.FedBiz.Gov

Government Purchase Card

Being that the federal government must be careful to be fair to all vendors, purchasing has been set-up in tiers. Purchases under $2,500 are considered micro-purchases and can be completed with a government purchase card (a Visa debit card) without competition. Purchases above $2,500 must go through the contract process, but once approved can be paid with the government purchase card. It is a requirement that vendors doing business through the GSA be able to accept the government purchase card, which means that the business be able to accept credit cards.

FedBiz.gov

FedBizOpps.gov is the government’s web site which announces contract opportunities valued above $25,000. All proposed purchases above $25,000 must be submitted through FedBizOpps.Gov so all potential vendors may bid. Details for contracts and deadlines are placed within the solicitation announcement.FedBiz.gov

GSA Schedules

One of the forms of establishing best value are the GSA Schedules. These are contracts with vendors for products and services that has pricing pre-established. As the GSA has already negotiated with these vendors for these rates, departmental procurement personnel can purchase freely from these schedules. Think of GSA schedules as catalogs for government purchasers.

This is just a quick overview of G.S.A procurement, there is more that they do. Meaning there are more opportunities to do business with the GSA beyond what has been mentioned, but it is a start.

More Federal Government Business Information

Get more info regarding What is the GSA federal purchasing. Learn how to define procurement as it relates to the US Government. Or get more information on GSA rates and how they can impact travel policy.