Small Businesses Are Gaining More Access To Large Contracts Why and How

Small Businesses Are Gaining More Access To Large Contracts Why and How

The requirements that small businesses have had to meet have changed multiple times over the years. In the past, winning Government contracts were only an option for large firms who had the scale, expertise, and insight to complete project goals at a high level. Smaller contractors have been working to even the playing field and win larger projects despite their size.

The Federal Government awards more than $200 billion every year in government contracts.

With the rise of technology, the requirements and expectations have changed. Firstly, different industries will have different needs, so it is essential to have an industry-specific review of what is happening in the contractor landscape. Technology is one of the sectors that have seen rapid growth over the past ten (10) years. IT companies that have software products have been able to leverage their assets to capitalize on these changes.

January 12, 2021
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