Taking Advantage of 4th Quarter Spending Season
As a government contractor, it is important to have a yearly plan that will maximize your chances to win more business. The Federal Government works by the fiscal year (FY), which is separated into the four quarters listed below. The First Quarter (Q1): October 1 – December 31 The Second Quarter (Q2): January 1 – …
Read More10 Tips to Keep in Mind When Networking as a Federal Contractor
As a federal contractor, networking is a very important tool to help you increase your business in the Federal Government marketplace. You should not only network with federal agencies but also with potential teaming or sub-contracting partners. Putting your brand out there is a great way to get noticed by government buyers. Here are ten …
Read MoreNo deals in sight as spending, debt limit deadlines loom
House Republican leaders may be planning to force action on a $1.1 trillion, 12-bill omnibus spending package in early September, but this year’s fiscal follies marking the budget process are expected to last weeks—if not months—before a final plan to fund federal agencies is set, budget analysts said. President Donald Trump’s recent attacks on Senate …
Read MoreBGOV launches 8(a) Recompete Opportunities dashboard
This analysis was first available to Bloomberg Government subscribers About 9,500 federal contracts worth $14 billion that were awarded using the 8(a)set-aside program will be up for grabs starting Sept. 1, when the 3,300 8(a) companies that received the work will have graduated from the program and will be ineligible for follow-on awards. Clients can …
Read MoreTrump has three North Korea options — all are bad
This analysis was first available to Bloomberg Government subscribers. As the world tries to process the news that North Korea probably can put a nuclear weapon on an ICBM and President Donald Trump trades barbs with Supreme Leader Kim Jong-Un, the real question is: What happens now? For the U.S., there really are three basic options: a military strike, …
Read MoreTo Bid or Not to Bid? 3 Essential Considerations Before Responding to an RFP
As a government contractor, it is easy to become overzealous when it comes to responding to proposals, but you’ll have better success with a thought-out plan. There are many questions you should ask yourself before deciding to bid on a Request for Proposal (RFP). Keep these three considerations in mind when making your final decision …
Read MoreCivilian agency data, cloud spending languishes: This is IT
Civilian federal agency spending on data centers and cloud computing is stagnating, according to Bloomberg Government’s analysis of information technology budget submissions. Spending on data centers by nondefense agencies will slow to $3.03 billion in fiscal 2017 from $3.08 billion last year, the submissions show. The stagnation follows a sharp drop in fiscal 2016 from …
Read MoreU.S. Army seeks virtual reality trainer for infantry, observers
The U.S. Army wants a new virtual trainer that combines two existing systems in a contract potentially worth tens of millions of dollars, according to a sources-sought notice. Current virtual trainers use an indoor environment where soldiers can simulate missions including hitting moving targets, firing machine guns in pairs, conducting ambush missions, and training forward observers to …
Read MoreRace to the finish — Maximizing Q4 opportunities
For federal vendors, the fourth quarter of the federal fiscal year is key: Government spending surges, and savvy contractors are also laying the groundwork for fiscal 2018. In a recent webinar, Bloomberg Government analysts discussed the government’s fourth-quarter spending trends and opportunities. Participating in the webinar were analysts Kevin Brancato and Daniel Snyder, and sales …
Read More5 Steps to Successful Subcontracting
Federal contracting is commonly discussed, but subcontracting is sometimes overlooked. Up to half (or more) of federal procurement dollars are spent on subcontracts. Knowing how to go about a prime-sub contracting agreement is extremely important to reduce risk and ensure a beneficial relationship between both organizations. Here are some steps to follow when starting a …
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