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!
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 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).
The US Federal Contractor Registration Simplified Acquisition Program is an innovative introduction for small businesses into the lucrative world of federal contracting. The program helps businesses complete all the paperwork and red tape necessary to get started as well as lay a foundation of best practices and marketing strategies that will help the vendor find success. The program has already helped earn millions of dollars in contract awards for past clients such as Mac Made Easy, Creative Tent International, Excel Concrete, Suburban Surgical Co., Inc, and Nancys I.T. Guy.
US Federal Contractor Registration has helped many inexperienced businesses find success in federal contracting, including ECSI International, which won over $1 million in contract awards thanks to the Simplified Acquisition Program. You can find out if you're ready to start winning federal contracts too by contacting an Acquisition Specialist today for your free contractor evaluation!
US Federal Contractor Registration, the world's largest third party registration firm, has helped thousands of small businesses successfully register to conduct business with the United States federal government. They offer a complete suite of services covering everything from initial SAM registration to GSA registration to marketing. Their clients have included national businesses, major universities, city and state government offices, non profits and other charitable organizations.
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 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).
The US Federal Contractor Registration Simplified Acquisition Program is an innovative introduction for small businesses into the lucrative world of federal contracting. The program helps businesses complete all the paperwork and red tape necessary to get started as well as lay a foundation of best practices and marketing strategies that will help the vendor find success. The program has already helped earn millions of dollars in contract awards for past clients such as Mac Made Easy, Creative Tent International, Excel Concrete, Suburban Surgical Co., Inc, and Nancys I.T. Guy.
US Federal Contractor Registration has helped many inexperienced businesses find success in federal contracting, including ECSI International, which won over $1 million in contract awards thanks to the Simplified Acquisition Program. You can find out if you're ready to start winning federal contracts too by contacting an Acquisition Specialist today for your free contractor evaluation!
US Federal Contractor Registration, the world's largest third party registration firm, has helped thousands of small businesses successfully register to conduct business with the United States federal government. They offer a complete suite of services covering everything from initial SAM registration to GSA registration to marketing. Their clients have included national businesses, major universities, city and state government offices, non profits and other charitable organizations.
About the Author:
US Federal Contractor Registration provides System for Award Management registration assistance, federal contractor support and professional 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!
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