Bidding and Winning Government Contracts with the ED
Government contracting provides opportunities for a high return of investment. The process of bidding and winning contracts especially with the Department of Education can be a very tedious process. On the upside, the effort, as government contractors would tell you, is truly worth it.
Tips for Prevailing Wage Contractors of the Department of Education
Prevailing wage contractors will tell you that there are some things to keep in mind if you want to bid and ultimately win contracts.
- Put yourself out there.
Your brand is very important. It is the make or break factor where trust is concerned. The Department of Education has strict regulations when it comes to going into any agreement with government contractors. Be a step ahead by having a name that the government can trust. You can do this with excellent advertising and visibility in the community. This should be long done even before you bid for a contract.
- Invest.
When it comes to working with government, prevailing wage contractors might have to shell out first before the government agency. The Department of Education will pay up after the completion of the project. The good thing here is that return of investment is all but assured when you work with government. You can recoup the money you have invested in no time.
- Register properly.
Government contracting will require that you have all registration documents and technicalities covered. You can get automatically disqualified from the bidding process if you are not properly registered.
For starters, you would need your company’s federal tax ID number, DUNS code, NAICS (North American Industry Classification System) code, and your bank account number.
You will also have to register your company in the Central Contractor Registration (CCR) as well as the General Services Administration (GSA) schedule.
For as long as your company documents are complete, this would not be a problem at all.
- Network.
There really is strength in number. Highly experienced prevailing wage contractors can share a wealth of inside information and tricks of the trade. Best opportunities to meet them would be in procurement-related conferences and seminars being offered throughout the year.
- Stay relevant.
Win that contract by adding a little extra to your bid. Find out the initiatives and priorities of the Department of Education and base your design on your findings.
For example, if environment protection is the key issue for the year, bid for a building that is eco-friendly and has energy-efficient features. If it is student engagement that they want to focus on, have more open spaces in your design.
Stay relevant by knowing the conditions of the agency or department that you intend to bid to.
Government Contractors and Their Secret to Winning a Contract
It is simple, really. Do not be disheartened by failures. Government contractors will tell you that they have failed so many times before scoring sweetheart deals. Stay the course despite the rejection and then try again.
Once you persevere by continuously delivering quality output, the government will undoubtedly start to take notice. This is one huge step towards closing that government contracting deal that you have been tirelessly working for.
Contact ARCHER JORDAN today for more government contracting tips.