Are you a contractor seeking to grow your business and stay ahead of the competition? Did you know that monitoring government spending trends can expedite your road to success?
If you’re proactive in government contracting, you’re likely aware that the fourth quarter is crucial, with more federal contract dollars (historically 31%) being expended than at any other time of year
A mission-driven approach can set your government contracting business apart, aligning with federal priorities and gaining a competitive edge. To delve deeper into how this philosophy can transform your business, watch our exclusive interview with Keith Scott. He shares insights on building a mission-driven enterprise and leveraging opportunities in government contracts. Don’t miss out on valuable tips and strategies—check out the video now!
Navigating the government contracting landscape can be complex, but understanding the steps to find opportunities at federal, state, and local levels can significantly benefit your small business. This guide provides a detailed, step-by-step approach to discovering and securing government contracts, ensuring you can effectively pursue and capitalize on available opportunities.
On December 27, 2021, President Biden signed the FY22 National Defense Authorization Act (NDAA) into law, authorizing nearly $800 billion in defense spending.
The national defense total in the 2022 omnibus spending bill is $782 billion, reflecting a 3.9 percent increase over the administration’s request for 2022 and a 5.6 percent increase over the 2021 appropriations. This total includes $13.6 billion for emergency military and humanitarian aid for Ukraine as Russia’s conflict with the country continues.
Securing government contracts can be a game-changer for your business, opening doors to substantial federal procurement opportunities. However, tapping into this market requires a strategic approach and a thorough understanding of government acquisition processes. Here's why becoming government contract ready is crucial and how it can benefit your business.
Use our checklist download to quickly assess your business to be contract ready.
70% increase in eligible industries will expand contract opportunities for certified women owned businesses.
As we wrap up National Women’s Month, let’s review the program designed to level the playing field for women business owners. The government limits competition for certain contracts to businesses that participate in the Women-Owned Small Business (WOSB) Federal Contracting program. This program facilitates contracts for specific industries where WOSBs are underrepresented. Some contracts are restricted further to economically disadvantaged women-owned small businesses (EDWOSBs).
GCA recently released another training episode in its Governese YouTube channel. If you are formulating a strategy to get your share of the $1.2 trillion in infrastructure spending, you may want to check out this webcast. It provides the latest details on the spending and offers insights that could enhance your strategy to obtain your slice of the pie.
The U.S. Department of Justice is targeting federal contractors and grant recipients who fail to adhere to cybersecurity requirements in their agreements and violate their obligation to monitor and report ransomware attacks and other types of cybersecurity breaches.
In June 2021, the Biden administration announced its plans to increase the percentage of Small Business contracting by 50% over the next 5 years. To meet this goal, the administration has proposed $30B in new SBA initiatives that would reduce barriers to small business ownership and success. The new SBA initiatives will focus on increasing access to capital with new direct loans to small businesses,
On September 20-21, 2021, the Government Contractors Association (GCA) in cooperation with Korean SME and Startups Agency, Living Tree, GovBridge Capital and KAIST College of Business conducted a trade mission to Washington DC. The purpose of the trip was to facilitate new connections for GCA members with South Korean representatives and manufacturers.
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Only 22% of federal contracting dollars are awarded to small businesses. Our goal is to be an agent of change by helping businesses owned by women, minorities, and veterans to get their fair share of the opportunities in the government market.
