What Research About Contracts Can Teach You

admin | May 17, 2018 | 0 | Software

Government Public Procurement, B2G: How To Get a Contract?

When a government agency purchases supplies, goods, and services, it is called Government Procurement. It works in a way that an invitation to bid for a needed service or supply of goods is requested by the government agency to private sectors with a given time frame. The private sectors that are interested will then present their quotations for the service or supply of goods. It will then be evaluated by the government agency and the lowest bidder will usually get the contract. This is the formal guideline that is followed according to law.

Purchasing in the government is always on a lump sum, therefore it involves a large amount of money. With large money comes large profit hence these private business sectors are into this. May it be office supplies, furniture and fixtures, vehicles, manpower, and other services. This is where bidding acts as a filtering area for the government to know who provides the best service at less the cost. True to the fact that when a contract is achieved by bidding in a government, it is sure income. If you are a small time business, you might feel left out by those who have gone their way up already. So what can a small time business do to keep up with the competition? Consider this important information and it will, in the long run, be an advantage to know.

Remember it’s the government you are dealing with, therefore a contractor have to know by heart the rules of engagement within the government.

Make a checklist of what specifications or instructions the government had set in providing the services.

Be quick to grab opportunities and be attentive to government offers. Be vigilant to government deals and offers, and miss not on any government opportunities that may present a good favor for the company.

Invest in attending government expos’, trade fairs and the likes that may help in opening opportunities.

Aim to be abreast with other private business sectors and play a healthy competition.

Have a list of agencies in the government that can use the services you offer, start establishing connections and to work your way in securing a contract.

Get involved in training, counseling, expos’ and business matchmaking events.

Securing a government mentor will be a very big advantage. Keep paced and do not overdo things.

Getting one contract will be the gateway to get more and more in the future. Ensuring that the company can deliver and trustworthy is a good indicator to be favored. An impression well-established will have an impact on the government for them to give you, the company, a good feedback for rendering the kind of service all the time.

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