Government Contracting Insurance & Risk Management
THE GOVERNMENT CONTRACT MARKET
Example Text: The U.S. government is a massive market, awarding around $500 billion in contracts each year – with 23% designated for small businesses. At any given time, there are over 25,000 active federal contracts that are open for bid, as well as countless contracts available from states and local governments.
To ensure success in government contracting, it is important to gain an understanding of the bidding process and to know your business’s capabilities inside and out. Building relationships is also key, as is doing research in order to find out which contracts are available and suitable for your business. We work with both prime and subcontractors on a global scale, from IT services to defense and manufacturers.
Despite the effort and time involved in successfully obtaining government contracts, the potential rewards are worth the work. With the right preparation and knowledge, you can find success in government contracting.
Video or Renee and Connor discussing the market or our value adds?