|
The government spends about $43 Million per hour! That’s over $1,000,000,000 per day!
They buy everything from paper clips to space ships... Over half the money the United States Federal Government spent last year with small businesses was spent outside each state. Why? Because the federal purchasing agents weren’t able to find local small businesses that could provide the products and services they needed! How Does the Government Buy Products and Services? The government recognizes the value of small businesses to the U.S. economy and they’ve made it easy for small business to earn federal dollars through a variety of ways. The Federal Suppliers Guide puts your business in front of the federal buyers so you can begin earning your share! Open Market or “Micro Purchases” Federal expenditures under $3,000 do not require any paperwork or bidding, this is called paperless procurement. Federal buyers select any qualified small business vendor to purchase from and pay for the products or services with a Visa or MasterCard, called a P-Card by the government. The Small Business Set-Aside Program The U.S. Federal Government is mandated to make purchases between $3,000 and $100,000 from small businesses. In fact at least 23% of the federal purchases are made from small businesses. The mandate is called the “Set-Asides for Small Business” or Federal Acquisition Regulation 19.502. The government is helping small businesses not only to survive, but to thrive. By supporting local businesses, the government receives expedited product and service orders and lower freight charges. You can read the regulation in it’s entirety at www.acqnet.gov/FAR. GSA Contracts GSA contracts aren’t available for every business, but if you qualify, then GSA can become an extraordinary revenue source for your business. Click here to learn more about GSA Contracts.
|