Teaming for Government Contracting Success
Government contracts are getting larger. Tasks that were once performed under multiple, smaller contracts might now be consolidated under one to make it more efficient and cost-effective for the government. Smaller companies may not be in a position to bid on contracts of this scale because of limited resources. Managers who would like to compete on large opportunities, or projects that require diverse capabilities, may want to consider teaming with another company. Teaming arrangements are defined in and governed by the Federal Acquisition Regulation (FAR), the principal set of rules pertaining to the federal government’s purchasing process. According to Subpart … Read more