4 Reasons Small Businesses should Consider Government Contracts

When people are asked what they think when they hear the term “government contract” some things come to mind: military, bridges, big multi-million dollar infrastructure spending, cumbersome process, most business owners hear it and simply don’t bother.

I’m here to help explain why government contracting is something you should consider.

1. Opportunity

Any purchase in BC or Federally over $40,000 goes out to public tender. While some people think of military & construction projects when they hear “government contract” the truth is that it includes many more industries including: catering, event management, web design, janitorial services, landscaping, recruiting, HR consulting, and much more.

2. Multi-Year Contracts

Public institutions have a strong preference to having multi-year agreements to avoid having to tender every purchase every year. This reliable stream of income will allow you to grow your business in other areas.

3. Less Competition

Due to the complex nature of bid submissions, the average RFP receives only 4 responses with some receiving none at all. Many business owners don’t have the time and simply don’t bother.

Jametec is your outsourced proposal management team to allow you to bid on contracts while not taking away from running your day-to-day business and doing what you do best.

4. Open and Transparent Process

Subjective terms like “best value” are slowly being removed from the procurement process. The trend in government spending is towards more competition and greater emphasis on non-price factors (e.g. social/sustainability endeavours, more inclusive procurement).

If you have the capacity for growth and would like to hear more about Jametec’s services, please reach out to me on here to discuss working together.
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Jametec

Jametec is here to support your bidding process and allow you to focus your time on doing what you do best, running your business.

Allison McMillan is the owner and proposal manager at Jametec, she has over a decade of experience in analysis, report writing, RFP processing, and tracking government spending. She lives in Sidney, BC with her husband, Cody, and two children: James, 7, and Charlie, 2, her hobbies include reading, gardening and cooking.

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