Hello again readers, and welcome back yet again to Gateway to Government, the small business resource for government contracting. Over the past week I have been writing a new tip each day on government contracting. Well, it has been a long seven days but I think everyone should have learned something from our Seven Steps series! Today we finish up with the final, and in many ways most important step to being a successful government contractor.
Step 7 – Relax!
In the past I have noticed that business owners and employees tend to start to panic as the prospect of government contracting is raised or comes near. Don’t! Stress causes mistakes, difficulties, and shorter life-spans. If you are reading this, you know that contracting is a valuable step for any business to take, but it doesn’t have to be as difficult as you think – Gateway makes contracting easy for you.
We’ve taken all the necessary steps to make sure your contracting experience is as painless as possible. Don’t worry, with Gateway the process is simplified and we eliminate the hassle of bidding, as well as give you some major competitive advantages in the federal contracting arena. We can provide answers or solutions to any questions, comments, or concerns you may have. Gateway guarantees that contracting through us will be as simple as 1, 2, 3 – so stay calm, relax, and get ready to get started!
Remember:
"The question is not and should not be whether or not the government buys your products, because they do. The question is whether or not they buy it from you."
Gateway will help you to make sure that they do!
Showing posts with label Seven Steps. Show all posts
Showing posts with label Seven Steps. Show all posts
Tuesday, February 17, 2009
Monday, February 16, 2009
Step 6: Don't Use the Deadline
Welcome back to Gateway to Government’s blog and the Seven Steps series! I hope everyone had a pleasant weekend and is ready to continue learning how to do business with the government through the Gateway program. Today we will take a look at how deadlines can impact government contracting.
Step 6 – Don’t Wait Until the Last Second
Though this may seem like another obvious idea, time and time again we have seen people submit their information just minutes before the deadline – only to find a major problem with no time to correct it. Every government bid and every bid we send you will have a deadline – a date and time – prominently displayed. This 'timestamp' is the absolute last chance to submit your information – if the bid is not full, complete, and accurate or is not received by that deadline, all of the time and effort you have put into your project will have been to no avail. The government will NOT accept late bids! Delivery or sending timestamps are also not important – it is when the document is received that matters, not when you mail it. If your bid gets delayed in the mail, or you get a flat tire trying to deliver it just before the deadline... Too bad! For this reason it is highly recommended that none of our clients use the final deadline.
By sending your details in well ahead of this time, we can work out any kinks or issues there may be with your submission. We review all of the bids and make sure they arrive on time in the right hands. This will help to ensure that your bid is submitted in the best possible fashion and that your experience is as painless as possible!
Step 6 – Don’t Wait Until the Last Second
Though this may seem like another obvious idea, time and time again we have seen people submit their information just minutes before the deadline – only to find a major problem with no time to correct it. Every government bid and every bid we send you will have a deadline – a date and time – prominently displayed. This 'timestamp' is the absolute last chance to submit your information – if the bid is not full, complete, and accurate or is not received by that deadline, all of the time and effort you have put into your project will have been to no avail. The government will NOT accept late bids! Delivery or sending timestamps are also not important – it is when the document is received that matters, not when you mail it. If your bid gets delayed in the mail, or you get a flat tire trying to deliver it just before the deadline... Too bad! For this reason it is highly recommended that none of our clients use the final deadline.
By sending your details in well ahead of this time, we can work out any kinks or issues there may be with your submission. We review all of the bids and make sure they arrive on time in the right hands. This will help to ensure that your bid is submitted in the best possible fashion and that your experience is as painless as possible!
Friday, February 13, 2009
Step 5: Bid to Your Capabilities
Welcome again to Gateway to Government’s blog. Today is step five in our Seven Steps series. Today we will look at the bidding process; deciding what to bid on is obviously important. Many companies have gone out of business because they took on a task too large for them or went broke waiting for the government to pay them!
Step 5 – Don’t Bid on Something You Can’t Do
This may seem like common sense, but sometimes what one thinks is expected in a contract isn’t. Review everything and make sure that your business is capable of all of the elements, both technically and financially! I have heard of many cases where small companies put in a bid and won a great government contract but ended up going out of business because they couldn’t support the finances while waiting to get paid (in most instances, the government pays after job completion).
Once you have read the fine print and asked all of your questions, review the entire contract again. For instance, one contractor (not one of our members!) lost over $18,000 on a bid because they hadn’t realized that they needed to train others to help with installation of their product. They though that they were going to be able to do all the work themselves!
Again, reading the bid requirements is vital to knowing what your company can and cannot fulfill. Examine the requirements and compare them to your capabilities, then review your business’ financial situation – can you afford to float the full cost of the contract potentially for months while awaiting completion and payment? While Gateway does its best to send bids related to your business, it is ultimately up to you to review the bid and decide whether or not your company can handle the contract.
Step 5 – Don’t Bid on Something You Can’t Do
This may seem like common sense, but sometimes what one thinks is expected in a contract isn’t. Review everything and make sure that your business is capable of all of the elements, both technically and financially! I have heard of many cases where small companies put in a bid and won a great government contract but ended up going out of business because they couldn’t support the finances while waiting to get paid (in most instances, the government pays after job completion).
Once you have read the fine print and asked all of your questions, review the entire contract again. For instance, one contractor (not one of our members!) lost over $18,000 on a bid because they hadn’t realized that they needed to train others to help with installation of their product. They though that they were going to be able to do all the work themselves!
Again, reading the bid requirements is vital to knowing what your company can and cannot fulfill. Examine the requirements and compare them to your capabilities, then review your business’ financial situation – can you afford to float the full cost of the contract potentially for months while awaiting completion and payment? While Gateway does its best to send bids related to your business, it is ultimately up to you to review the bid and decide whether or not your company can handle the contract.
Tuesday, February 10, 2009
Step 2: Research and Know Your Material
Good morning again everyone! Today we see the second installment of Gateway to Government’s Seven Steps series. These steps are designed to help you as a small business owner or employee to gain an advantage over your competitors in the field of government contracting. Each step will look at a different but useful aspect of doing business with the federal government.
Step 2 – Research
Research is vital to any business venture, as we all know. Would you as a small business owner leap into anything without knowing a little bit about it? A little bit of background research can go a long way with government contracting, and can make the vital difference between winning a bid and languishing in the pool of those that ‘just bid.’
Take a few minutes to do some research on what the bid is asking for. Is it looking for a product that will be chosen purely on price? Something as simple as a Google search can turn up pricing from your competitors! Is the price you offer competitive enough to go up against other contractors, or do you compete on service? Delivery time? Bulk goods? Know what your competitive advantage is and you will be able to leverage it.
In addition, know what you are talking about. As you’ve seen here and so many times before, background research is very important. Be sure that you know your products and services and are knowledgeable in the area in which you are bidding. Not knowing the latest advancements in your field could be the reason you won’t get the bid – such as recommending the most ‘up-to-date’ Windows 2000 or XP, when actually Windows Vista is the most recent release.
Step 2 – Research
Research is vital to any business venture, as we all know. Would you as a small business owner leap into anything without knowing a little bit about it? A little bit of background research can go a long way with government contracting, and can make the vital difference between winning a bid and languishing in the pool of those that ‘just bid.’
Take a few minutes to do some research on what the bid is asking for. Is it looking for a product that will be chosen purely on price? Something as simple as a Google search can turn up pricing from your competitors! Is the price you offer competitive enough to go up against other contractors, or do you compete on service? Delivery time? Bulk goods? Know what your competitive advantage is and you will be able to leverage it.
In addition, know what you are talking about. As you’ve seen here and so many times before, background research is very important. Be sure that you know your products and services and are knowledgeable in the area in which you are bidding. Not knowing the latest advancements in your field could be the reason you won’t get the bid – such as recommending the most ‘up-to-date’ Windows 2000 or XP, when actually Windows Vista is the most recent release.
Monday, February 9, 2009
Seven Steps for Successful Starts
Good morning everyone, and welcome back to Gateway to Government's blog, where we will post tips and tricks to doing business with the government our way.
Today is the first in a series of Seven Steps which can help you get and win government contracts - which as you know can be quite a prize for any small business owner, especially in today's economy. Each new step will give advice on how to proceed with contracting - some of them may seem like common sense, but even the best of us can sometimes overlook the obvious! Just remember that we at Gateway take the hard part out of government contracting, making it quick and easy for all of our partner members.
Step 1 – Fully Read and Understand the Bid Requirements
First things first: know what is required! Individual bids generally have specific terms and conditions, so every contract opportunity - be it RFQ, RFP, IDIQ, Quick Quote, or any of the other options - has unique bidding requirements. It is the responsibility of the vendor (that's YOU) to carefully review and ensure that all of the requirements are met. Make sure you are capable of meeting all of the requirements of the bid before you submit it!
We at Gateway have seen some contracts with extremely... unusual requirements. If the bid documents state that you should have your workers on-site wear a company photo ID, pinned to the left side of their blue jackets, you can’t ignore it. If everything has to be signed in triplicate and then two copies faxed to North Dakota, one to Looneyville (yes, that's a real place - in Texas), and then have three originals shipped to Alaska in a banana crate, you have to be willing to do it.
Obviously, most contracts won't have such arbitrary requirements. Generally, there are a few clauses which are seen over and over, such as the one requiring all workers to be U.S. citizens or have valid work permits and documentation, or the buy American act, which dictates that all products used are made in America.
You have to comply with every part of the contract - there is generally no negotiation on bidding requirements. Sometimes these rules can seem a bit extreme, but if you just read over the requirements summary we send you completely before bidding, there won’t be any surprises in store. One of the benefit of being a Gateway member is this requirements summary - rather than having to hunt through dozens of pages and look up FAR clauses and other referenced items, we put it all out there for you, short and sweet.
Today is the first in a series of Seven Steps which can help you get and win government contracts - which as you know can be quite a prize for any small business owner, especially in today's economy. Each new step will give advice on how to proceed with contracting - some of them may seem like common sense, but even the best of us can sometimes overlook the obvious! Just remember that we at Gateway take the hard part out of government contracting, making it quick and easy for all of our partner members.
Step 1 – Fully Read and Understand the Bid Requirements
First things first: know what is required! Individual bids generally have specific terms and conditions, so every contract opportunity - be it RFQ, RFP, IDIQ, Quick Quote, or any of the other options - has unique bidding requirements. It is the responsibility of the vendor (that's YOU) to carefully review and ensure that all of the requirements are met. Make sure you are capable of meeting all of the requirements of the bid before you submit it!
We at Gateway have seen some contracts with extremely... unusual requirements. If the bid documents state that you should have your workers on-site wear a company photo ID, pinned to the left side of their blue jackets, you can’t ignore it. If everything has to be signed in triplicate and then two copies faxed to North Dakota, one to Looneyville (yes, that's a real place - in Texas), and then have three originals shipped to Alaska in a banana crate, you have to be willing to do it.
Obviously, most contracts won't have such arbitrary requirements. Generally, there are a few clauses which are seen over and over, such as the one requiring all workers to be U.S. citizens or have valid work permits and documentation, or the buy American act, which dictates that all products used are made in America.
You have to comply with every part of the contract - there is generally no negotiation on bidding requirements. Sometimes these rules can seem a bit extreme, but if you just read over the requirements summary we send you completely before bidding, there won’t be any surprises in store. One of the benefit of being a Gateway member is this requirements summary - rather than having to hunt through dozens of pages and look up FAR clauses and other referenced items, we put it all out there for you, short and sweet.
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