The novel coronavirus pandemic largely contributed to the increase, Bloomberg Government reported. “Civilian agencies’ contract spending hit a record high of $228 billion in fiscal 2020, an increase of 17% ($33.5 billion) from 2019. The surge in spending is mainly due to the novel coronavirus pandemic. The Health and Human Services, Veterans Affairs and Energy … Read more
The government previously announced that it is migrating away from the current proprietary D-U-N-S® (DUNS) Number toward a new unique entity identifier generated directly by SAM.gov. The deadline for completing that transition has been extended. The Office of Management and Budget (OMB) directed federal agencies to finalize their transition to using the SAM-generated unique … Read more
The U.S. General Services Administration (GSA) is seeking feedback from small businesses in relation to the upcoming Polaris Governmentwide Acquisition Contract (GWAC). Polaris will be GSA’s new small business GWAC, enabling the federal government to obtain customized IT solutions from highly qualified small businesses. GSA has developed the following electronic survey to gauge the capabilities … Read more
In case you missed our latest newsletter, you can view it here. Be sure to click the button at the top of the newsletter to subscribe. Articles include: Tips for Finding & Responding to a Federal Solicitation After you Submit an Offer System for Award Management (SAM) update Do’s & Don’t In addition – check … Read more
As of July 15th 2020 the SBA’s portal has been opened to allow WOSBs and EDWOSBs to submit documentation to be reviewed by SBA to become certified as a WOSB or EDWOSB business allowing those businesses to be eligible for set-asides. Prior to July 15th the options for certification were to be “self-certified” or to … Read more
by Lillian Sunwall As the federal fiscal year ends, MT PTAC advisors have received numerous, urgent calls from contracting officers and small businesses for help with renewing SAM or fixing issues with the same as well as help with invoicing on various payment platforms. Since businesses must have an active SAM registration in order to … Read more
The government usually takes 30 to 120 days to review submissions. A Contracting Officer (CO) handles each review. Generally, contracts are awarded based on multiple factors, including How responsible and responsive a business is How technically acceptable a proposal is Past performance references Pricing and terms of the proposal Once your offer is reviewed, you … Read more
Once your company has worked with MT PTAC on the fundamentals required for federal contracting such as registration in SAM or other federal systems, set-aside certifications, market research, etc., you can begin searching for and responding to contracting opportunities. Your PTAC advisor can assist you with this process. The following tips from usa.gov and MT … Read more
Government contracts can present business opportunities for MT companies. Watch our new video to learn how MT PTAC can help YOUR company with this type of customer! Watch the video here!
As of July 15, the initial caps on net worth, adjusted gross income, and fair market value of assets for the 8(a) program have gone up. The dollar amounts for initial 8(a) economic disadvantage eligibility have increased quite a bit, making more people economically eligible. Read on for the details on this change. We wrote … Read more