Bid Contract

Description

The U.S. Government is the largest company in the world. Approximately $1 billion in new opportunities in the services sector of Government contracting were available to bid on by private business each day. -The federal government signs over 11 million contracts a year. -Companies are winning and are awarded new contracts daily. About 95% of federal contracts are awarded to small- and medium-sized business vendors. -Government procure services range from Food Services and Janitorial projects to complex space flight systems development. -A Small Business Set-Aside Program (SBSA) was developed to help assure that small businesses are awarded a fair proportion of government contracts by reserving certain government purchases exclusively for participation by small business concerns. Any contract that has an anticipated dollar value between $2,500 and $100,000 in value is reserved for small, small disadvantaged, woman-owned, and small veteran-owned businesses.

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