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ONLINE BUSINESS HELP

Federal Government Contracts Under 25,000 for Small Businesses
By: Jase Dow
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    2005-03-25

    Table of Contents:
  • Federal Government Contracts Under 25,000 for Small Businesses
  • How the Government...
  • The micro market...
  • This will help...

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    Federal Government Contracts Under 25,000 for Small Businesses


    (Page 1 of 4 )

    Did you know that federal procurements under $25,000 don’t undergo the normal bidding process?That means that if you’re a small business selling products or services, landing a federal contract may be easier than you think.

    The federal government is the ideal resource for small businesses
    and independent contractors to tap for projects. Here’s why: The
    federal government...

    · Assigns billions of dollars in contracts annually.
    · Often gives preference to smaller contractors and consultants
    · Is mandated to target smaller firms for contracts less than
    $100,000
    · Has a huge budget and is frequently a repeat customer
    · Will never go out of business


    Locating Smaller Contracts

    “Smaller” contracts under $25,000 represent special opportunities
    for small businesses and independent professionals. However,
    contracts at this level aren’t publicly advertised, so you have
    to know where to look to find them.

    You can locate smaller contracts through a “hidden market,”
    where business deals are driven by relationships with federal
    buyers. Incidentally, federal agencies generally purchase
    products and services from small businesses in their local
    market. Establishing relationships with these agencies can
    be a smart move for small businesses because it:

    · Can reveal unadvertised contracts
    · Is less competitive
    · Results in prompt payment
    · Offers the potential for ongoing and repeat business

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