FedBizOpps, also known as FBO, is the central clearinghouse for federal gov contract opportunities. It's the place where all federal agencies post their requests for information, request for proposal and other procurement notices. The federal government is required to post all solicitations with a value over $25,000. Fed Biz Opps is also a great place to research past opportunities that have already been awarded. In most cases, the original solicitation documents are available for download, even for archived records.
The first step to getting started is to register at FedBizOpps. It's easy and free to register, and gives you access to some great features that you wouldn't otherwise have without registering. For example, you can subscribe to email notifications for specific opportunities to monitor their updates--this feature is great for staying on top of specific federal opportunity.
In addition to email alerts and monitoring, after you register for FedBizOpps, you'll be able to create and save searches. This will really save you some time as your searches become more complicated and more sophisticated over time.
Benefits of registering
Believe it or not, there are still situations when an opportunity is not on FBO. Depending on the market and the product or service being procured, the federal government may decide to use a contract vehicle or supply schedule for procurement. This means that the RFP (or task order) is released only to a select group of vendors who are already vetted and approved to perform that type of work.
Revenue growth is the primary focus of every small business, but in a market as complex and fluid as the federal contracting market, growth can often stall due to the lack of the right resources. And when effectively managing expenditures puts the right resources out of reach, small businesses often get caught in a growth Catch-22.
written by Jim Sherwood, published 01/25/2021
Huntsville, Alabama, has long represented a tantalizing market that always felt out of reach for many contractors. Over the last decade, this zip code has been a focal point of growing interest as it became home for many organizations that, on an annual basis, manage billions in contract spending. Based on the latest news, Huntsville's influence over the aviation, space, and missile enterprise will grow significantly in 2021.
written by Jim Sherwood, published 01/15/2021
In our previous post, we reported on objective data and provided insights from those companies who both succeeded and struggled after graduation. In this post, we examine the best practices and lessons learned from contractors who have navigated the struggles of life after 8(a) graduation.
written by Jim Sherwood, published 06/10/2020