The difference in the two areas was not in resources or location but in their commercial culture. Route firms tended to be insular and proprietary, whereas the Silicon Valley firms were open and linked by social and economic networks which enabled them to adjust to the vissitudes of market shifts. Route was more highly dependent upon federal government contracts than Silicon Valley and, when government contracts declined with the moderation and end of the Cold War, Route found it hard to adapt to the civilian market.
Excerpt from Capstone Project: Procurement in Government Contracting The government procurement process is identified by purchase of goods and services that will be used in provision of public goods and services like transport, railway, education, health, defense etc. It is not easy to qualify as a supplier to the government bodies since it needs to comply with quality standards.
However, this might not be possible for small and disable-owned businesses. In order to offer these firms the opportunity to be a part of suppliers to state, the state takes special measures.
There is a quota set for the participation of SDB small and disabled businesses in the government procurement. The research shows that women and minority in America are becoming increasingly innovative and their role in the economy has evolved over time.
It would not be unusual if these segments become major suppliers to government one day. Thus, it is required that these businesses should be offered right opportunities to supply goods and services to the state-run projects.
This will not only broaden their experience but also encourage other members in the society to start their own business and support their economic growth at individual, family and national level.
However the government agencies should make sure that while they offer facilities and opportunities to High tech government contracting essay small and disabled-owned firms, these firms should not leave their pursuit for growth and competitiveness. These firms should keep up with their struggle for innovation so that they are capable enough to meet the needs of government procurement in future and compete with other local and foreign venders.
Introduction Procurement lies most often in the beginning of all other processes of a company. A company, organization or entity cannot manufacture goods until it procures or buys material from a supplier. Also the service providing companies are dependent on procurement to facilitate their service provision.
Procurement is basically obtaining or purchasing materials or services. The purchase is made after analyzing which supplier offers best material at best price. In steps, the procurement process includes planning for purchase, determining standards of an organization for material or services, laying specifications, researching and selecting supplier, analyzing value, financing, negotiation, and the purchase that involved exchange of cash and receipts.
The public purchases or the procurement of the government are identifiable from the private purchases in many aspects. The government procurement involves purchasing huge quantities and exchange of often millions or billions of dollars as funds. The government purchases can be for strategic organizations, health, education or public facilities that involve benefit of hundreds of thousands of people.
The Office of Government Contracting develops a culture where different businesses participate in the government contracts U.
Government Procurement Statistics, These include participation of small, disadvantaged, and woman-owned businesses. The GC office helps these businesses proceed in federal procurement world.
Research objectives The objective of the research is to find how government procurement in United States involves the relatively small suppliers that include small business, disadvantaged business, minority owned and women owned businesses.
The research also finds advantages of participating in government procurement process for these business types. Research methods The research is carried out by collecting secondary data. This data comes from the official websites of government bodies, the reports containing statistics of government procurements, journals, articles and other online and library resources.
The data is used which is not older than seven years but most of the resources are not older than five years. Research analysis The secondary data collected during the research contains statistical reports, interviews and commentaries.
On the basis of this data, facts are established to find if small and disadvantaged suppliers are ignored or helped in the government procurements in USA.
The secondary data contains some charts and statistics that are also used in the report to offer a clearer picture. Discussion and Analysis State bodies procure goods and services for variety of reasons. These procurements can be made for goods or services. From running the cafeteria in public school to purchasing engines for the government helicopters, the state cannot make all the goods itself rather purchases them from outsiders.
While the small businesses cannot supply space shuttles to the government organizations, they can at least play their role in projects that require small or medium size merchandise. It is very useful for the small business owners in USA to supply to government bodies.
Thus these firms can enjoy relations with state bodies that are more safe and reliable. They can also be free of worries about frauds in procurement because the government is the most reliable partner when it comes to paying the bills of procurement.
The federal government of USA realized a couple of decades ago that there is increasing number of women, minority, disadvantaged and disabled people running their own business. In order to facilitate these businessmen, many Acts were passed and laws were made.The Wanabee Big Corp., a small, high-tech defense contractor, possesses technical abilities considered essential to the Department of Defense.
High-Tech Government Contracting Essay High-Tech Government Contracting Terri Guillory Strayer University Dr. Calvin Lathan III BUSVA September 16, FedBizOpps FedBizOpps, or FBO, is the Federal government’s web site that posts all Federal procurement opportunities over opportunities with a value over $25, The federal government's recent decision to shift to fixed-price contracts is intended to protect the government from overcharging by contractors and from assuming the potentially enormous losses that are involved when projects, especially high .
Latest news and information on the business of delivering technology and services to government including government contractors, the integrator community, technology case studies, and mergers and.
Procurement is a very broad term, but there is a consensus from scholars and procurement practitioners that the strategic importance of procurement is directly related to the percentage of overall value a firm's suppliers bring to the equation. kaja-net.com» Office of Advocacy» Research and Statistics» Research Issues» Access to Capital among Young Firms, Minority-owned Firms, Women-owned Firms, and High-tech Firms Facebook Twitter.