3 HOT INDUSTRIES Are Overlooked in Government Contracting!
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- Опубликовано: 16 сен 2024
- ⭐⭐⭐⭐⭐ 2024 Free GovCon Masterclass: bit.ly/4bZIggQ
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Regarding State regulations.... I went to my state's APEX Accelerator trade show last week. I found out that the Gov't calls a middle man a "broker". It's against the law in some states (mine) to be a broker. The legality has to do with how much value the broker adds or doesn't add. You must add some value (be an authorized distributor, or "swing the hammer" yourself). Also, some procurement officers told me that if you are a broker that adds some small value (to be legal) and your sub-contractor doesn't do the work as contracted, you are on the hook for the full contract. If your contract officer is not flexible and gives you time to find a new sub-contractor, you might have to pay more for a last-min contractor and then you must pay the difference. There are some pitfalls to know.
I wrote the book all about middleman regulations and more: www.legalmiddleman.com/book
@@GovKidMethod Thanks! I'll get the book!
I’m going after a contract rn. Contacted like 8 subs and got 3 to agree to quote, hopefully they do. This is a RFQ but contracting also wanted past performance. I’m nervous every step so far. lol. Now I gotta start putting together a proposal. First time ever. I figured, even if I mess it up, and lose the bid, the debrief will tell me what I did wrong, and that’ll help me improve, like you say in the book.
You got IT! I declare & decree that it is YOURS!
@@Nana2_5 thanks Nana. I appreciate you 🙏🏽 ima try to get it
I hope you get it!
Hope you got it! Keep us posted
We either learn or win. Either way is WIN-WIN! Keep at it !
Thoughts on contracts like these for five years with a reacuring service or a more of a deliver a container to Yellowstone and the contracts over type contract.
These types of contracts could be "good" but the devil is in the details. It would depend on the particular bid as well as what qualifies as a "good" bid for your busines.=s.
Derek, I think you were talking about Voltron, not Optimus Prime. Still love your analogies. 😂
Haha, I totally botched it 🤣
Hope at the end of your videos, you can provide a summary of the key points presented. ☮️ 🙏🏾
I have called companies for dumpsters and waste removal, but most are large waste management companies or brokers. Pricing seems high
Something to help shift perspective…what do you think other bidders are doing in that case?
@@GovKidMethod either move on or get a smaller company. I’m new to the govcon so still learning
Hi Derek, I have been following you for a while and always great information. I am a RN and I have a health care staffing and recruiting agency. Do you have any classes where you can help someone walk through the solicitations. I see a few for health care with staffing but when it comes to the government paperwork and how I estimate my profit, it is so confusing, I shy away from the solicitation.
I can source for the candidate but the paperwork is challenging.
My LMM course has a bidding section where we cover all this :)
Derek love your videos can you do one on energy renewable contracts solar companies mine will be open soon
I'm glad you enjoy the videos. That area is not really an area that I focus on because I focus on the primary services that are bought on SAM.gov.
Hi Derek thanks for info! My issue is finding funding I’ve been looking into factoring any suggestions ready to get to work.
What is it that you’re needing funding for?
Funding to purchase the products to sell when the contract is won.
@@tinapugh7653 You can likely get supplier credit or financing terms directly from the OEM/Supplier you are purchasing from.
Is it professional to follow up after you submit your proposal to see where you stand and if you can adjust your pricing?
You can’t adjust your pricing after submission. You would withdrawal your offer from consideration if possible.
Uhhh that’s not how the transformers work, you’re talking about power rangers lol but point made
Haha wow. Literally meant to say megazord but my mind switched to transformers for some reason.
Do you still offer the class?
We do not currently have any upcoming classes scheduled at the moment.
I got the book D
Awesome!