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FISCAL YEAR END 2023 SPENDING
The Value of Goods Imported to USA in 2022 totaled $3.3 Tillion.
The Federal Government Contracts awarded $627B to 104,164 companies by Sept. 2023
Small Business were awarded approx.. $260.5 Billion in U.S. Government Contracts.
he federal government obligated $694 Billion through contracts in fiscal year 2022
2023 Fiscal Year Spending Budget $6.13 Trillion
FULL DESCRIPTION REPORT WITH DETAILS ON
REQUEST FOR PROPOSAL (RFP).
QUOTE & CONTRACT
APPROVAL PROCESS
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Chapter 1: Introduction
- Understanding the Unique World of Federal Contracting
- The Federal Acquisition Regulations (FAR): Your Roadmap to Success
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Chapter 2: The Federal Contracting Landscape
- The Economic Significance of Government Procurement
- Regulations and Guidelines Governing Government Procurement
- The Role of the Federal Acquisition Regulation (FAR)
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Chapter 3: Types of Government Contracts
- Fixed Price vs. Cost-Reimbursement Contracts
- Major Categories of Contracts: Sealed Bidding vs. Negotiated Procurement
- Specialized Contracting Methods: IDIQ Contracts and GSA Schedules
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Chapter 4: Preparing for Federal Contracting
- Initial Registrations: DUNS, CAGE, and SAM
- Understanding NAICS Codes and Socioeconomic Categories
- Leveraging Small Business Programs and Set-Aside Opportunities
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Chapter 5: Finding Government Contracts and Funding
- Navigating Government Websites and Resources
- Socioeconomic Set-Aside Programs and Their Advantages
- Industry Days and Networking for Contract Opportunities
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Chapter 6: Building Relationships and Trust
- The Importance of Relationship Building in Federal Contracting
- Establishing Your Reputation as an Expert in Your Field
- Ethical Conduct: The Foundation of Trust
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Chapter 7: Pre-Award Audits and Compliance
- Preparing for Pre-Award Audits: The Adequate Accounting System
- Key Elements of Accounting Systems for Federal Contracts
- Compliance with Contract Requirements and Ethical Standards
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Chapter 8: Successful Contract Execution
- Program and Project Management for Federal Contracts
- The Role of Effective Communication in Contract Execution
- Mitigating Risks and Ensuring Compliance Throughout the Contract Lifecycle
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Chapter 9: Small Business Strategies in Federal Contracting
- Teaming Arrangements and Subcontracting Opportunities
- Market Intelligence and Proposal Development
- Continuous Learning and Persistence for Small Businesses
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Chapter 10: Capturing Federal Business
- Demonstrating Compliance and Ethics During Contract Execution
- Navigating the Regulatory Landscape Successfully
- The Long-Term Value of Building Trust and Reputation in Government Contracting
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Chapter 11: Case Studies and Success Stories
- Real-Life Examples of Small Businesses Thriving in Federal Contracting
- Lessons Learned and Best Practices from Successful Contractors
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Chapter 12: Conclusion
- The Fulfilling Journey of Federal Contracting: Challenges and Rewards
- Your Path Forward in the World of Government Procurement
This book, "Navigating Federal Contracting: A Comprehensive Guide for Success,” will serve as an invaluable resource for individuals and businesses looking to embark on their federal contracting journey. It provides a thorough understanding of the federal contracting landscape, regulatory requirements, ethical considerations, and strategies for success. With practical insights, case studies, and expert guidance, readers will be well-equipped to navigate the complex world of government contracting and thrive in this lucrative marketplace
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