Orlando, FL (PRWEB) October 04, 2012
Federal contractors able to work are in high demand in Virginia. According to the FedBizOpps database, over 900 opportunities have been posted during the last 90 days for the state of Virginia.
Virginia is typically the top federal contracting places of performance in the nation – during the 2012 fiscal year, 10.39% of all federal contracts were awarded for projects in Virginia, more than any other state in the nation, according to data on the USASpending website. Over 184,000 contracts were awarded in the state of Virginia, totaling just over $41 billion. Over $3 billion of those contracts were awarded to small businesses within the state.
Federal mandates require that purchasing officers award at least 23% of all contracting dollars to small businesses. However, reports by the Small Business Administration show that government-wide efforts have failed to meet this goal over the past 5 years.
“It is extremely frustrating to small businesses trying to break into the federal market when they lose a contract to large firms and then read these reports saying the federal government is not meeting its small business procurement goals,” explained Eric Knellinger, President of US Federal Contractor Registration.
In order to be eligible for federal contracts, vendors must complete mandatory registration. This includes obtaining a DUNS number and completing SAM registration. Individual agencies may also have their own registration requirements, such as FEMA’s Vendor Profile registration.
The Georgia Tech Procurement Assistance Center has reported that nearly 20% of all legacy CCR records contain errors or omissions. Problems with registration can cost businesses time and money as even simple mistakes can disqualify a vendor from a contract award or even result in fines and punitive actions. Additionally, there are many rules and regulations that govern federal contracting. The Federal Acquisition Regulations manual, which regulates government contracting and instructs vendors how to complete their Reps & Certs, is over 2000 pages long and written in legal terms that may confuse the average contractor.
Although many small businesses assume they can’t compete with big companies or fulfill the government’s needs, the reality is that over $92 Billion in contracts were awarded to small businesses during the 2011 fiscal year according to USASpending. Federal regulations such as the Small Business Act and assistance programs like the 8(a) Business Development Program also help create in-roads for small businesses to compete for government contracts.
Business owners can get immediate contracting help by calling the Contractor Helpline toll free at (877) 252-2700 ext 1. A Placement Specialist can then help them find current contracting opportunities, purchasing trends for federal agencies and review their registration for errors that could impact their ability to win government contracts.
US Federal Contractor Registration is a third party registration firm with corporate offices in Orlando, FL that has helped thousands of businesses complete their SAM registration and bid on contracts. US Federal Contractor Registration pairs businesses with a dedicated case manager who helps them every step of the way from initial registration to bidding on contracts. US Federal Contractor Registration's BBB rating is A- thanks to the quality of their service and responsiveness to customers. To request a free evaluation and assessment by a Placement Specialist for your business, call the Contractor Helpline at (877) 252-2700 ext 1 or visit our website at https://www.uscontractorregistration.com/.