How Do You Bid On Government Contracts?
Many small businesses bid on government contracts not for the money, but for the consistent work. The profit from landing a government contract is usually not more then 15 percent. The good thing about a government contract is knowing that you will have work and you will get paid. Follow these steps to bid on a government contract. Get to know the policies and procedures of bidding on government contracts. Log on to the Small Business Administration website to learn this information. Check in your area to see if they offer classes on this information. Realize that you will have to bid competitively. There is a small chance that some work may be handed out but it’s not likely. A good rule of thumb is to expect to make approximately 15 percent profit, so bid accordingly to be competitive. Register with the Central Contractor Registry or CCR. All businesses who want to work with the government must register here. Submit a profile that outlines your business capabilities and any unique equ
