The Different Types of Government Contracts & Winning Strategies to Profit!

In this eye-opening clip, we dissect the lucrative world of government contracts!

🏛️ First, we'll break down the different types of government contracts – from fixed-price to cost-reimbursement, and everything in between. Learn what sets each contract type apart and where your business might fit in.

💡 Next, we’ll unveil the secret strategies that seasoned contractors use to profit from these contracts. Whether you’re a small business owner or head of a large corporation, we’ve got insights to help you navigate the competitive landscape.

📚 Plus, get expert advice on how to prepare compelling bids, build relationships with the right government agencies, and ensure compliance to maximize your chances of winning contracts.

🚀 Ready to tap into a multi-billion-dollar market and take your business to new heights? Don't miss this episode!

👉 Hit the subscribe button and activate notifications to stay informed on how to capitalize on government contracts and other business opportunities.

#GovernmentContracts #BusinessStrategies #
Profit #CapitalizingOnAuthority

[Rosemoore-ooxl]

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[formerprem]

As a former Contracting Officer, be careful of low-balling, for multiple-year priced options ——apply an escalation factor for the out-years for those option yrs to be awarded.

[formerprem]

Contract type matters! As a 20yr+ former contracting officer, I will evaluate a proposal based highly on the pricing structure and technical suitable for the contract type contemplated. Firm fixed price is customary for commercial or off the shelf type services and supplies. What also determines the contract type is the risk. FFP type - the Contract assumes full risk so while it’s great to play with numbers proposing a low cost to beat the competitor to win contract, your firm could eat up excess cost as there’s no return to the table to adjust price. Most solicitations reveal that the Government can accept or award without discussions (I.e., no negotiations just receive award)

[ambitiousash]

Indeed the Fed gov’t will set you up for what you need to provide. Coming from me who handle funds from Congress, we clearly have to budget with funds for projects approved prior year that the current year we seek contractors with a tight budget.

[bestkksser]

If you are reading this there’s a reason……No matter how good or bad you have it, wake up each day thankful for your life.Someone somewhere else is desperately fighting for theirs ❤️🇧🇸

[Alex-minh]

How can inventors sell inventions to the government?

[jeromecroix]

Peace family. How did you win your 1st contract with no past performance?