State of Competition on Government Contracts for Small Businesses

Government contracts offer incredible opportunities for small businesses, but how competitive is the field? In this video, Eric Coffie breaks down the current state of competition in government contracting, specifically for small businesses. Learn about the challenges, opportunities, and strategies to stand out in a crowded marketplace. Whether you're new to government procurement or looking to refine your approach, this video provides insights on how small businesses can successfully compete and win in the world of government contracts.
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Welcome everyone! It's the first month of the federal 4th quarter, and I'm thrilled to be here with all of you online.

Today, we'll be exploring various opportunities, specifically, sources sought notices or RFIs. These notices are essential as they serve as a starting point for education and understanding. Education is a key pillar for success in dealing with government contracts, and I'm passionate about providing valuable information.

To deepen our knowledge, let's refer to Federal Acquisition Regulation (FAR) Subpart 15.201 which states that contracting officers should promote and provide for full and open competition in soliciting offers and awarding contracts. It also encourages exchanges between the government and interested parties, from the earliest identification of a requirement through receipt of proposals. These exchanges should be conducted in a fair and transparent manner.

🚀 Government Contracting Course for businesses wanting more sales and small business contracts https://govconeric.com/join

Book Recommendations:
📖Launch your Government Contracting business: https://govconeric.com/launchbook
📖Suggested Reading: https://govconeric.com/books

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FAR Subpart 15.201 Explained | Finding Bid Opportunities in SAM.gov | System for Award Management

FAR 15.201

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