The government is required to post all jobs over $25K to FedBizOps.gov for transparency sake. Hundreds if not thousands of new
A capability statement is just your company’s resume – must be concise and accurate to be considered. The document is a page or two most of the time, as an overview of services/products you specialize in performing.
Contracting Officers use these specialized resumes to categorize eligible contractors for future opportunities even if you are’t chosen immediately.
Capability Statements must contain at a minimum the following:
- Company Name with Branding (Slogan Optional)
- Brief Company History
- Core Capabilities (what do you specialize in?)
- Description of Offered Services
- Federal Small Business Certifications
- Existing Contracts with Government (Federal and State)
- State Certifications
- Agencies Served
- Major Clients
- NAICS Codes
- Partners and Authorized Resellers
- Staff Clearances and Certifications
- General Company Information:
- Registered Name
- DBA
- Year Incorporated
- State of Incorporation
- Corporation Type
- DUNS Number
- CAGE Code
- Contact Information
Your Capability Statement is the centerpiece of your government marketing toolkit. It contains everything any potential Federal client wants to know about you, your business, and your capabilities.
A successful Capability Statement should be tailored for the agency you intend on working with. Let each prospect know about similar work you’ve done along with any recommendations, awards or mentions received for work completed on time/on budget.
opportunities are on the site weekly. Must use resource for latest info.
FedBid.com is a free resource where you get sent opportunities automatically based on your speciality or agency preference.
GSA schedules are also another way to get consistent access to contracts.
Why Contracting as a Career?
USA Government is the world’s LARGEST CUSTOMER. They purchase more than any other entity in the entire world. Hundreds of billions if not trillions in yearly budget allocation is veritably life changing wealth for anyone getting even a crumb!
Here are a few reasons why you might love doing business with this Government:
Set-Aside Work
These programs are reserved specifically for small businesses to have a chance at working with their government.
5% for Small disadvantaged business (8a)
5% for Woman owned business (WOSB)
3% for Historically Underutilized Business Zone (HUBZone)
3% for Service-Disabled Veteran Owned Small Business (SDVOSB)
23% of the $400B+ budget has been allocated just for small businesses and various groups benefit – big businesses cannot divest from this fund.
Small business growth may be much easier within the Government economy from these set aside programs. You won’t have to worry about competing with multi-billion-dollar monsters if you’re going after these government projects. My family has benefited quite a bit starting from these programs.
Hold Them Accountable with CFR/FAR
Code of Federal Regulations (CFR): The CFR is a set of general rules that Government departments and their agencies must follow. Refer to this to make sure you are getting the mandated level of experience with government officials.
Federal Acquisitions Regulation (FAR): The FAR outlines the process and expectations on dealings. It details how the Government is supposed to purchase or lease goods and services and sets the standard on how to successfully navigate the system.
They pay you on time, every time! (Well…most of the time on time)
The Government usually pays on time, by the date they promised. In the event they pay late, you’ll get even more! It is not something that happens very often however so don’t bank on it. Contracts ensure the interest of the government to pay when stipulated to avoid litigation.