ESG compliance is not only good for society, but can deliver bottom-line business benefits like better staff recruitment and retention, managing risk in supply chains, driving innovation and productivity, and opening up new markets. Furthermore, many government contracts are awarded only after...
You might think of prime contractors at the federal government level as huge firms, but that’s true mostly for megaprojects. There are still plenty of small prime contracts available to small businesses. Besides offering your services as a prime contractor, you can also join with other contracto...
Something worth noting here is that there aremanydifferent types of government contracts. As we mentioned earlier, the government is responsible for many things. For example, the military needs equipment to function, but the government doesn’t manufacture it. Instead, it outsources that work to p...
The U.S. government is thelargest purchaserof goods and services in the world, awarding hundreds of billions of dollars in federal contracts each year. Contrary to popular belief, these contracts often go to small businesses: In 2021, the federal government awarded$145.7 billion in contract dolla...
public procurement, grants and incentives, and supporting infrastructure. For example, procurement processes should better consider social value; contracts should be awarded on criteria such as health and wellbeing, access and inclusion, social sustainability, innovation, and resilience – not the lowest...
The bidding process is a necessary part of the construction game for any general or specialty contractor. Without bidding jobs and getting awarded contracts, the company doesn’t have a way... How Pre-Bid Meetings Impact Construction Bidding ...
(SBA), that awards grants and government contracts to stimulate high-tech innovation and grow the economy by supporting the R&D necessary to develop and commercialize innovative technological products. In 2010, SBIR awarded approximately $2 billion in research funds, with more than half the awards ...
The Small Business Administration (SBA) is a key resource for veterans interested in government contracting. The SBA's veteran contracting assistance programs are specifically designed to support veterans in their pursuit of government contracts. The SBA provides valuable resources, such as counseling,...
The main certification program for woman-owned businesses seeking to increase their growth is WOSB, run by the Small Business Association (SBA). According to the SBA, “Government agencies reserve contracts for small businesses that are certified in the SBA’s contracting programs.” ...
(SEC) is an independent federal government regulatory agency responsible for protecting investors and maintaining fair and orderly securities markets. Congress created the SEC in 1934 as the first federal regulator of the securities markets. The SEC's efforts are meant to protect shareholders (...