Doing Business with the Federal Government: The Basics
The Federal government spends more than $500 billion in contracting dollars every year. U.S. law currently establishes a goal that 23% of prime Federal contract dollars go to small businesses, and yet, it has fallen short of this goal for the past several years. Small businesses need to take better advantage of the Federal market place.
Did you know that the U.S. government is the world's largest buyer of products and services?
The Federal government spends more than $500 billion in contracting dollars every year. U.S. law currently establishes a goal that 23% of prime Federal contract dollars go to small businesses, and yet, it has fallen short of this goal for the past several years. Small businesses need to take better advantage of the Federal market place.
This practical guide is intended to:
- Help small business owners de-mystify the Federal procurement process and increase access to federal contracts
- Provide potential vendors with basic steps on how to become certified as a federal contractor
- Offer resources on marketing and assistance with the bidding process
- Highlight upcoming changes that will streamline the Federal procurement system
