There are many lesser known tips and secrets to succeeding in federal contracting that many new vendors simply don't know about. One of the biggest secrets with the biggest potential profit potential is the Simplified Acquisition Program. Even some veteran contractors don't know about this easy way to break into the federal market and start making money!
Federal Acquisition Regulations mandate that Simplified Acquisition rules apply to contracts between $2,500 and $150,000 in size, although some industries may allow such rules for contracts as high as $6.5 million. The Simplified Acquisition Program is based upon these contracting regulations.
Simplified Acquisition contracts improve opportunities for small, small disadvantaged, women-owned, veteran-owned, HUBZone, and service-disabled veteran-owned small business concerns to obtain a fair proportion of government contracts. While simplified acquisition contracts primarily help small businesses they can also offer large businesses another significant way of earning federal funds in government contracting.
Vendors in the Simplified Acquisition Program are highly encouraged to reach out and contact federal purchasing officers directly - this is in fact a key component of the program! This allows businesses to learn about upcoming contracts before they are even released, as well as make vital networking contacts. Most purchasing officers will not advertise contracts under $25,000 on FedBizOpps (FBO) so the only way to learn about these opportunities is to develop a relationship with that particular buyer. Payment options for these types of contracts also vary, ranging from SMART Pay Cards to even cash. Blank purchase agreements and miscellaneous purchase agreements are also used in simplified acquisition contracts. This is generally not allowed through the normal bidding process since larger contracts must be reported on the Federal Awardee Performance and Integrity Information System (FAPIIS).
US Federal Contractor Registration's Simplified Acquisition Program has helped many vendors find success in federal contracting, generating millions of dollars in contract awards for small businesses including Mac Made Easy, Creative Tent International, Excel Concrete, Suburban Surgical Co., Inc, and Nancys I.T. Guy. Participation in the program provides customized service and support necessary to start winning federal contracts such as System for Award Management registration, a seven page website in the standard Federal Government format, branded domain name and hosting, search engine optimization, customized official government profile, monthly email bid notification and contract support.
US Federal Contractor Registration provides business owners with all of the necessary materials to start winning these available simplified acquisition contracts. With the government spending over $400 billion every year, there are countless government contracts that can be won utilizing a US Federal Contractor Registration Simplified Acquisition Program.
Federal Acquisition Regulations mandate that Simplified Acquisition rules apply to contracts between $2,500 and $150,000 in size, although some industries may allow such rules for contracts as high as $6.5 million. The Simplified Acquisition Program is based upon these contracting regulations.
Simplified Acquisition contracts improve opportunities for small, small disadvantaged, women-owned, veteran-owned, HUBZone, and service-disabled veteran-owned small business concerns to obtain a fair proportion of government contracts. While simplified acquisition contracts primarily help small businesses they can also offer large businesses another significant way of earning federal funds in government contracting.
Vendors in the Simplified Acquisition Program are highly encouraged to reach out and contact federal purchasing officers directly - this is in fact a key component of the program! This allows businesses to learn about upcoming contracts before they are even released, as well as make vital networking contacts. Most purchasing officers will not advertise contracts under $25,000 on FedBizOpps (FBO) so the only way to learn about these opportunities is to develop a relationship with that particular buyer. Payment options for these types of contracts also vary, ranging from SMART Pay Cards to even cash. Blank purchase agreements and miscellaneous purchase agreements are also used in simplified acquisition contracts. This is generally not allowed through the normal bidding process since larger contracts must be reported on the Federal Awardee Performance and Integrity Information System (FAPIIS).
US Federal Contractor Registration's Simplified Acquisition Program has helped many vendors find success in federal contracting, generating millions of dollars in contract awards for small businesses including Mac Made Easy, Creative Tent International, Excel Concrete, Suburban Surgical Co., Inc, and Nancys I.T. Guy. Participation in the program provides customized service and support necessary to start winning federal contracts such as System for Award Management registration, a seven page website in the standard Federal Government format, branded domain name and hosting, search engine optimization, customized official government profile, monthly email bid notification and contract support.
US Federal Contractor Registration provides business owners with all of the necessary materials to start winning these available simplified acquisition contracts. With the government spending over $400 billion every year, there are countless government contracts that can be won utilizing a US Federal Contractor Registration Simplified Acquisition Program.
About the Author:
US Federal Contractor Registration provides SAM registration assistance, contract support and premier marketing services to small businesses nationwide. Contact the Contractor Helpline today for more information about how the Simplified Acquisition Program can help your business succeed in the federal marketplace!