US Federal Contractor Registration has introduced a new way for small businesses to break into the federal marketplace and start winning contract awards. This new offering, the Simplified Acquisition Program, has already proven effective for new contractors.
Simplified Acquisition rules, mandated by the Federal Acquisition Regulations, are the basis for the Simplified Acquisition Program. These rules define Simplified Acquisitions as having a value between $2,500 and $150,000. In some industries, however, these rules may apply to contracts as high as $6.5 million.
Simplified Acquisition contracts open up new 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 assist 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.
Ready to start doing business with the Uncle Sam? Call US Federal Contractor Registration‘s Contractor Helpline today to find out more.