What are the steps for applying for and securing a contract?
Post Date: May 22, 2024
- Get a Unique Entity ID number
- Find your NAICS codes and Product Service Codes
- Register with the System for Award Management (SAM)
- Make sure the Dynamic Small Business Search (DSBS) is complete.
- Work with a Procurement Specialist
- Search bids
- Go after opportunities
- Seek sub-contracting or partnering opportunities
- Build relationships
- Attend training classes and networking opportunities
Remember:
- Beginning with a smaller contract, even if it is not your ideal size, is recommended as it helps establish a track record of successful performance.
- Take attainable steps. If your current sales are at $50,000, avoid committing to a $300,000 contract unless you are partnering with others or have prior experience at that scale.
- Do not stretch yourself too thin. Overextending yourself carries risks, including past performance records and depleting financial resources.
- To find more government contracting resources visit: https://www.sba.gov/federal-contracting/contracting-guide/how-win-contracts