Background New bills working their way through congress can signal incredible opportunities for government contractors. The House has passed a series of bills related to the Department of Homeland Security (DHS) management in the past month. Perhaps most prominent is H.R. 2083 which, if turned into law, will benefit small businesses tremendously. First introduced by California Democrat Correa Luis in April 2019, the bill has three main goals: to increase the share of equipment for DHS personnel procured by U.S. manufacturers, enhance regulation of delivery timelines, and determine whether to raise uniform allowances.
The General Services Administration (GSA) manages the federal acquisition and award processes using 10 websites. In August 2017, beta.SAM.gov went live and will eventually serve as a replacement for the 10 legacy acquisition websites that GSA maintains. Christy Hermansen, the Integrated Award Environment (IAE) Design Lead, says “We will be continually adding functionality to the site over time, making improvements based on feedback we receive from users. We are not shutting down any of our 10 legacy applications yet. These will be turned off one at a time, once all of the features have been transitioned and we’ve validated that that functionality is ready to be the authoritative system.”
Do you know what the real benefits of being on the GSA Schedule are? Learn the top 10 reasons (and advantages) why you should consider it.
On November 27th, the General Service Administration announced its intention to modernize federal acquisition and transform the Multiple Awards Schedule (MAS) program as we know it. GSA plans to consolidate the agency’s 24 Schedules into one single Schedule for both products and services and operate under a single solicitation with compressed terms and conditions.
2018 is expected to be a record-breaking year for Mergers and Acquisitions activity. In just the first 3 quarters of the year, $3.3 trillion was spent in M&A deals, with American companies making up 40% of all global M&A activity.
On September 4, 2018, Congress passed a bill titled “Securing the Homeland Security Supply Chain Act of 2018 (H.R. 6430)” following a bipartisan introduction led by Rep. Pete King (R-N.Y.) of the House Homeland Security Subcommittee on Counterterrorism and Intelligence. Some have noted that the bill appears to come in response largely to a growing concern over commercially-successful companies who have been contracted by the U.S. government, particularly in the IT industry, that later demonstrated to pose significant supply chain risks that are a threat to national security. While these reports generally entail foreign-based cyber firms, the bill seeks to address risky vendors both internationally and domestically.
As part of our focus on NAICS codes this month, our team did a deep dive into the NAICS codes associated with the largest federal IT spending. Given that IT modernization is still a big priority, it’s important to look at those spending trends. Specifically, we’ve reviewed the top five IT NAICS codes from fiscal years 2016 and 17. Why review these codes? One factor driving your sales and marketing success is the ability to find great opportunities for your organization. Knowing what your NAICS Codes are, and how well they do within the government space is the first step. For example, is your main NAICS code rarely associated with government opportunities? Or are there countless opportunities for that code? If it is not associated with good opportunities, you may need to consider other relevant NAICS codes, and start looking for opportunities with those codes instead. The IT industry is a good place to start given the high spending levels in that category.