US Federal Contractor Registration has further leveled the playing field for small business federal contractors through their new Simplified Acquisition Program. This cutting edge training system provides vendors with all the knowledge, tools, and support necessary to compete for federal contract awards.
The rules governing federal contracting, known as the Federal Acquisition Regulations or FAR, have set the simplified acquisition threshold between $2,500 and $150,000 for most transactions, however this may increase to up to $6.5 million depending upon the industry. Any contract valued within this threshold does not need to undergo a formal bidding process and may be subject to the "rule of 2" - where a purchasing officer need only call and obtain quotes from two eligible small businesses before awarding the contract.
These kinds of contracts open up increased opportunities for inexperienced vendors and set-asides, including women- and veteran-owned small businesses. Due to the relaxed regulations and procedures, these contract awards are carried out in much the same way a regular consumer would buy a pizza or hire a plumber for their home. The contracts are also generally smaller projects, which allow smaller sized firms an opportunity to get their feet wet in the federal market.
The Simplified Acquisition Program gives both large and small businesses the tools they need to succeed in the federal acquisition market. The program includes a comprehensive contracting-readiness evaluation, registration in the System for Award Management (SAM), official government profile creation for the Dynamic Small Business Search (DSBS), monthly email bid notification, contract support, complete government business plan with direct access to buyers and prime vendors, website creation in the standard government format, and complete training for the simplified acquisition environment.
US Federal Contractor Registration's client, minority-owned small business Software Tech Enterprises has already been awarded over $4.2 million over 23 contract awards after their enrollment in the Simplified Acquisition Program. As an additional well earned distinction, Software Tech Enterprise was also recently awarded the 2015 DHS Small Business Achievement Award by the Department of Homeland Security and Security U.S. Customs and Border Protection.
US Federal Contractor Registration, the world's largest and most reliable third party registration firm, has helped thousands of small businesses successfully register to conduct business with the United States federal government. They offer a complete suite of services covering everything from initial SAM registration to GSA registration to marketing. Their clients have included national businesses, major universities, city and state government offices, non profits and other charitable organizations.
The rules governing federal contracting, known as the Federal Acquisition Regulations or FAR, have set the simplified acquisition threshold between $2,500 and $150,000 for most transactions, however this may increase to up to $6.5 million depending upon the industry. Any contract valued within this threshold does not need to undergo a formal bidding process and may be subject to the "rule of 2" - where a purchasing officer need only call and obtain quotes from two eligible small businesses before awarding the contract.
These kinds of contracts open up increased opportunities for inexperienced vendors and set-asides, including women- and veteran-owned small businesses. Due to the relaxed regulations and procedures, these contract awards are carried out in much the same way a regular consumer would buy a pizza or hire a plumber for their home. The contracts are also generally smaller projects, which allow smaller sized firms an opportunity to get their feet wet in the federal market.
The Simplified Acquisition Program gives both large and small businesses the tools they need to succeed in the federal acquisition market. The program includes a comprehensive contracting-readiness evaluation, registration in the System for Award Management (SAM), official government profile creation for the Dynamic Small Business Search (DSBS), monthly email bid notification, contract support, complete government business plan with direct access to buyers and prime vendors, website creation in the standard government format, and complete training for the simplified acquisition environment.
US Federal Contractor Registration's client, minority-owned small business Software Tech Enterprises has already been awarded over $4.2 million over 23 contract awards after their enrollment in the Simplified Acquisition Program. As an additional well earned distinction, Software Tech Enterprise was also recently awarded the 2015 DHS Small Business Achievement Award by the Department of Homeland Security and Security U.S. Customs and Border Protection.
US Federal Contractor Registration, the world's largest and most reliable third party registration firm, has helped thousands of small businesses successfully register to conduct business with the United States federal government. They offer a complete suite of services covering everything from initial SAM registration to GSA registration to marketing. Their clients have included national businesses, major universities, city and state government offices, non profits and other charitable organizations.
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Ready to start taking advantage of the Simplified Acquisition Program? Call US Federal Contractor Registration's Contractor Helpline today to register in SAM.
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