July | 2020

Your Quarterly News & Updates

Articles

10 Mistakes Federal Contractors Make When Attempting to Register Their Entity in SAM

I’ve been a PTAC advisor for over five years. In that time, I’ve helped a lot of federal contractors register their entities in the System for Award Management (SAM), but I’ve also had the opportunity to review many entity registrations that contractors completed (or attempted to complete) themselves. This is a list of some of the more frequent mistakes I see contractors make when they do not have assistance with their SAM registration. This list is not based on any scientific research, but simply my observations. I have numbered them based on where the mistake occurs in the registration, not on the frequency of occurrence. -Phillip Luebke

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Curious About Contract Opportunities for Your Business?

To view procurement notices from the federal contracting offices and find opportunities to bid for federal business click the button below! Click Here

Click below to access the learning center for video tutorials, FAQs, user guides, and more. Click Here

Click the button below to access the Montana State Procurement Bureau webpage and view current opportunities. Access MT Procurement Bureau Here

"Your SAM registration is expiring"... or maybe not. Here's how you can tell!

We’ve written before  about companies that prey on smaller federal contractors and charge them hundreds of dollars for things like SAM registrations and renewals that are completely free. PTAC counselors across the country are constantly warning our clients about these companies, but their constant barrage of deceptive and confusing phone calls, emails, text messages, postcards, and other mailings sometimes causes our clients to doubt what they know. If you’re ever unsure, you can always call your local PTAC and they will vet these messages for you, but click HERE for some tips that you can use to separate the wheat from the chaff yourself.  -Phillip Luebke

Coming July 15th! SBA WOSB & EDWOSB Certification Improvements

The U.S. Small Business Administration (SBA) Women Owned Small Business (WOSB) & Economically Disadvantaged WOSB (EDWOSB) certification improvements are in place and ready for implementation! Begin planning now for the July 15 th , 2020 online certification. For more information on preparing for the new process, click HERE ! Register for the free webinar on July 10th presented by MT PTAC.

Also Coming in July! U.S. Small Business Administration 7(j) Management & Technical Assistance

Click here to view the July Workshops & Register!

July 13th   Capture Management July 14th  Contractor Teaming July 15th  Federal Contracting Basics July 16th  Understanding RFPs July 20th Developing Technical and Past Performance Proposals July 21st  How to Qualify for the GSA Schedule July 21st  Developing the Cost Proposal July 22nd  Government Contract Types July 23rd  Federal Acquisition Regulation (FAR) Primer July 27th  Introduction to Managing Government Construction Contracts July 27th  Strategic Planning July 28th  Managing and Administering Government Contracts July 29th  Audits and Accounting Systems July 30th  Negotiating Government Contracts

Firm Fixed Price Contracts & Cost Reimbursement

There are many contract types and many paths to being a successful vendor. The federal government uses two basic types of contracts: fixed-price and cost-reimbursement contracts. The primary differences between these two contract types is the amount of responsibility placed on the contractor and amount of profit incentive offered to the contractor for achieving or exceeding goals.  - Patty Cox

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