Smart Ideas: Contracts Revisited

Government Public Procurement, B2G: An Opportunity To Bid

Government purchasing is the manner of securing goods and service by the government agency. Private business sectors are given an invitation proposal by the government for them to validate if they are able to provide the required service or goods. If interested, the private business sector then responds by complying the documents needed and present their bid. It will then be evaluated by the government agency and the lowest bidder will usually get the contract. This is the formal guideline that is followed according to law.

Often times, these kinds of government procurement involves a large sum of money. That is the reason many private sectors are eyeing on what the governments’ needs are. Services and supplies may come in many different forms and value. This is where bidding acts as a filtering area for the government to know who provides the best service at less the cost. True to the fact that when a contract is achieved by bidding in a government, it is sure income. And if you are a small business or new in the market, you will be intimidated by those that are already ahead. So what can a small time business do to keep up with the competition? Consider this important information and it will, in the long run, be an advantage to know.

Remember it’s the government you are dealing with, therefore a contractor have to know by heart the rules of engagement within the government.

Make a record of what the government is requiring about the services or goods that are needed.

Be quick to grab opportunities and be attentive to government offers. Keep an eye to government offers for enhancements and trainings where the company can benefit from.

Explore on government events and see what are the opportunities can be useful for the company.

Aim to be abreast with other private business sectors and play a healthy competition.

Know what government agencies that can be provided with the services the company has to offer and start getting involved with people within.

Enhance the company’s capability and refutation by engaging in beneficial training because there is no limit or restrictions to learning.

Securing a government mentor will be a very big advantage. Work according to your pace and don’t compromise time.

To get the initial contract will be the hardest but will become a stepping stone to get the next. Establish trust and ensure that deadlines are met accordingly. An impression well-established will have an impact on the government for them to give you, the company, a good feedback for rendering the kind of service all the time.

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