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|Posted on November 19, 2012 at 8:35 PM||comments (9)|
Q. Don’t you as a Small Business have to perform 15% of the contract value of a subcontract?
A. That requirement pertains to an 8a set aside or Small Business set aside project with the direct contract with the government. It does not pertain to a first tier subcontractor on a project awarded to a General Contractor as the prime contractor. Small Business credits are properly accounted for by the prime contractor through the first tier subcontractors and material procurement directly purchased by the prime contractor. Looking at the Small Business Size Standards, design and manufacturing is based on the number of company employees and contracting is based on whether it is a specialty contract or general contracting contract requirements that must be met to qualify.
|Posted on November 8, 2012 at 12:41 PM||comments (0)|
As you can tell, October came and went without a single word from us. It was a fantastic month for our company. We track and make contact with many of the awardees to start the process of helping them meet their Small Business targets for their new contracts. We have made many new friends. We are now helping set their projects up from the beginning to become successful. We provide General Contracting Subcontract Services and well as Design and Manufacturing procurement. We help in the materials and equipment procurement for each individual project. So you can see, with all we have to offer, the month of October was a very busy one for us. Congratulations to all the successful companies. Thank you for your business.
|Posted on September 24, 2012 at 7:27 PM||comments (2)|
On Friday I wrote how much pressure goes into the last month of the fiscal year for federal contracting. I don't think I stated how exciting these times really are. The anticipation of contracts that will be issued and fulfilled within the next 2 years is exciting. Our industry and specifically the Small Business aspect of contracting with the federal government is ongoing and expanding. While the large businesses maintain the large hundreds of millions of dollars contracts, the parts of those contracts that are required to be procured through Small Business is still necessary. With that outlook, the future is bright and getting brighter every day. While the election is getting nearer, we don't believe the incumbant or a new leader will change the landscape of our industry. You see there are reallocation of defense funds in and out of the construction arena and there is always talk of budget cuts in all aspects of our government. With all the new technology, energy efficiency, green building materials, and the willingness of the government to be the leader in renovation of their buildings, there will be no shortage of work for the foreseeable future. I Love the USA. The great land of Liberty and Opportunity!
|Posted on August 16, 2012 at 6:04 PM||comments (0)|
NAICS codes - What are they, and where do I find them?
The North American Industry Classification System (NAICS) code is a six-digit code that represents types of industries. The NAICS has been designed as the index for statistical reporting of all economic activities of the U.S., Canada, and Mexico. If you are registering to be eligible for contracts or intra-governmental transactions, you will be asked for your NAICS codes (that describe what type of business you are in) within your the "Assertions" section of your entity registration on the "Goods and Services" page. On this page you can pull up NAICS codes by number or by search term, and then add them to your record. In the Glossary on this page, you will find a link to the NAICS search page within the Census Bureau's web site.
There are specific guidelines used by the Small Business Administration broken down by NAICS code as to what constitutes being a Small Business by the dollar volume of business done by year.
|Posted on March 22, 2012 at 6:44 PM||comments (0)|
There has never been a better time to sell to the federal government. Every contract of $150,000 or less is designated for Small Business, under the Simplified Acquisition Rules. No matter what product or service you offer, the Federal Government buys it. They buy everything. We show you how to take advantage of set-aside contracts. We will personally introduce you to the buyers who buy what you sell.
|Posted on February 28, 2012 at 1:31 PM||comments (0)|
WASHINGTON – Small businesses won a record $96.8 billion in federal prime contracts in Fiscal Year (FY) 2009 (Oct. 1, 2008-Sept. 30, 2009), an increase of more than $3 billion from FY 2008, according to the U.S. Small Business Administration’s fourth annual small business procurement scorecard released today. This dollar amount represents 21.89 percent of all federal spending – an improvement over FY2008. Additionally, performance in each of the government’s socioeconomic subcategories increased for FY2009.
“Small businesses received a record $96.8 billion in federal contracts in 2009. There was an increase in both dollars and contracting share for every small business category. This represents real progress, but not enough, we must reaffirm our commitment to ensuring that the 23 percent goal is met and exceeded,” SBA Administrator Karen Mills said. “Federal contracts awarded to small businesses are a ‘win-win’ – providing small businesses with the opportunity to grow and create jobs, and offering innovative services and essential goods to the government at great value to the taxpayers.”