Turn year-end disappointments into successful pursuits

By Kevin P. Young, Principal Market Intelligence Analyst

As we come into the last six weeks of the fiscal year, there are high expectations that the deals in your pipeline will come in before the clock strikes midnight on September 30. While many deals will undoubtedly come in – including an occasional bluebird or two — there will be some disappointments as well.

For the deals that did not come in, there’s also going to be a lot of after-the-fact analysis of why you did not win. Here are some of the most common reasons deals DO NOT come in:

  • You did not have a clear understanding of the client’s requirements and issues
  • Your technical solution was not a good fit
  • Your pricing was not competitive
  • You did not have strong relationships with the (1) key decision maker and/or influencer, (2) program office and/or (3) contracting officer
  • You assumed your potential client’s stakeholders were predisposed to YOU as “neutral” or “positive

What can you do better in the next fiscal year – besides righting the obvious alluded to above?

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Small businesses make headway in government: Are you properly registered?

By Kevin P. Young, Consulting Market Analyst

There’s good news for small business federal government contractors in the recent announcement from the U.S. Small Business Administration (SBA) that the Biden-Harris Administration exceeded its small business federal contracting goal in 2021. According to the SBA, the administration awarded 27.2 percent, or $154.2 billion, in new contract dollars to small businesses – an increase of $8 billion increase from 2020.

The SBA has a goal of 23 percent to 26 percent of all System for Award Management (SAM)-registered federal procurements be targeted for small businesses – direct, via prime contractors and via procurement vehicles/channels.

Although the news is good and, despite the overall increase in the dollar value of small business awards, the absolute number of small businesses receiving prime contracts with the federal government decreased again in FY21.

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How IT vendors can get a piece of the $1.2T infrastructure bill

By Kevin P. Young, Senior Market Intelligence Analyst

When the Infrastructure Investment and Jobs Act was signed into law late last year by President Biden, many of us in the GovCon community started to think about how this five-year, $1.2 trillion might lead to additional business for us.

Here is some basic information that should provide enough background to get you started in evaluating whether or not your company should pursue business in this area. Small businesses might especially want to take note.

Isn’t this money for roads and bridges? What about:

  • Transit and rail?
  • Airports, seaports and waterways?
  • Electric vehicles?
  • Power and water systems and supplies?
  • Broadband?
  • Environmental remediation?
  • Plus – hazardous waste, hospitals and lighthouses?
  • And parks, pipeline transport and public housing?

YES, they all are — but your company could have an important role to play.

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