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Thursday, 19 March 2015

US Federal Contractor Registration Now Offering Vital Training Program For New Vendors

By Celeste Osborne


Government Contracting can provide a wealth of benefits to small businesses, however it requires specialized skills and knowledge in order to succeed. US Federal Contractor Registration's Simplified Acquisition Program has been developed to provide everything contractors need to break into the federal market.

Over $443 billion in contracts were awarded to businesses by the federal government during fiscal year 2014. Nearly any business can find a buyer through federal contracting since the federal government does not produce anything on its own and must purchase any products or services it may require. Laws and regulations also require purchasing officers to pay for any purchases or contracts fulfilled within a certain timeframe, so there is less uncertainty about receiving payment as there is with private sector contracts.

Unfortunately, becoming a successful federal government contract vendor can be overwhelmingly complex and difficult for an inexperienced entrepreneur. Multiple registrations are required, cryptic acronyms and jargon are common, and simple mistakes can lead to devastating consequences. GTPAC estimates that nearly a quarter of the 600,000 firms currently registered in SAM contain errors in their registration. These errors may lead to disqualification for a contract or even criminal fraud charges and fines.

For these reasons, US Federal Contractor Registration has developed their exclusive Simplified Acquisition Program, designed to provide everything a new contractor needs to get started right away, error-free. The Simplified Acquisition Program is especially beneficial to small businesses or firms with little contracting experience, as they provide a simpler buying process for both the purchasing officer and small business vendor.

The Simplified Acquisition Program includes a comprehensive assessment examining the business's qualifications and all federal contracting opportunities available, professional System for Award Management registration, registration of an official government profile in the Dynamic Small Business Search, monthly bid notification emails, total contract support, detailed government business plan, full website creation in standard federal format, direct access to buyers and prime vendors, and personalized training for the Simplified Acquisition Environment.

US Federal Contractor Registration provides business owners with all of the necessary materials to start winning these available simplified acquisition contracts. With the government spending over $400 billion every year, there are countless government contracts that can be won utilizing a US Federal Contractor Registration Simplified Acquisition Program.




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