Business Development
Business Development Newsletter Series
Sources Sought Announcements Are Requesting GSA Schedule Information As one would expect, Fedmarket constantly monitors federal bid announcements including those pertaining to sources sought or requests for information. It has become increasingly clear that contracting officials are more frequently looking for... read more
Know the CustomerThere's an age-old axiom followed by federal contracting experts: If you don't know the customer, don't bid on the job. It's so simplistic, yet so true. Experienced contractors know and follow this basic premise and inexperienced... read more
The IDIQ SmorgasbordLet's look at a typical IDIQ scenario: A large IDIQ contract opportunity (sometimes worth several billion dollars) is posted at FedBizOpps. After the evaluation of proposals, a number of "pricing only" awards are announced to between three to one... read more
Recent Trends Discovered While Surfing FedBizOppsIn contrast to how things were handled in the past, recent publicly-announced bids found at FedBizOpps are either specifically stating that GSA schedule pricing is "preferred" or that only GSA Schedule holders will be considered. ... read more
Strange but Real IDIQ PurchasesThe following are Indefinite Delivery/Indefinite Quantity (IDIQ) solicitations for items that might not be normally considered items that would be bought through an IDIQ contract: IDIQ for Quantitative Analysis and Scientific Evaluation of Hawaiian... read more
IDIQ Contracts: Purchasing Vehicle of Choice for Facility ContractsJust like the federal IT sector, which has been rich with contracting opportunities for interested vendors, Indefinite Delivery/ Indefinite Quantity (IDIQ) contracts have been prevalent for facility-related contracts for the last few years. Unlike the IT... read more
Danger, Will RobinsonIndefinite Delivery/Indefinite Quantity (IDIQ) contracts generally run for terms from 3 to 10 years although recent research done at FedBizOpps indicates that 5 and 10 year periods of performance are becoming much more common. For the most... read more
Small Businesses and Current Trends in Federal ContractingThe current political environment in both Congress and the Executive Branch appears to be pro small business, at least through the fall election. We base this conclusion on the following factors: New small business initiatives in the GSA... read more
Everyone Comes in First in an IDIQ AwardMany of our recent newsletters have discussed the increase in popularity of Indefinite Delivery/Indefinite Quantity (IDIQ) contracts in the federal arena. As a result of this trend, Fedmarket developed an IDIQ Search Engine which provides daily... read more
Narrowing the IDIQ FieldWhy not try to win many IDIQs? Well, winning an IDIQ is not only expensive but, more importantly; with too many you are in danger of losing focus. And focused sales efforts are critical to keep sales costs within reason. Equally important, you do not... read more
The IDIQ MarketThe federal market is always changing and IDIQs are no exception. Major shifts in the market include: using of large umbrella contracts (IDIQs) to purchase goods and services that could be competed individually(this is known as bundling) justifying... read more
Learning the Lingo: Vehicle A contracting vehicle or just vehicle as its known in the DC corridors of power is not something you ride in. It’s a method of awarding a contract within the federal purchasing rules. The term has almost become synonymous with IDIQ contract, but not... read more
Selling Before the Public BidMost public bids have been pre-sold by vendors to varying degrees and often several pre-sellers will be the only companies that really have a chance of winning. Experienced contractors also know that bidding opportunities for a reoccurring contract are... read more
Acronym: IDIQ ContractCompanies new to the federal market often find the alphabet soup of acronyms like IDIQ to be madly confusing. As defined by Wikipedia and shortened here: IDIQ is a contracting acronym meaning Indefinite Delivery Indefinite Quantity. An IDIQ is a type... read more
Comparing Bidding Strategies for IDIQs and Public BidsOur experts have preached for years on end that companies should be exceptionally cautious about bidding on single award, public bids. The reasons for caution are: One or more companies have most likely pre-sold most public bids The... read more
Selling Using an IDIQIndefinite Delivery/Indefinite Quantity (IDIQ) contracts vary from agency to agency and there are a number of different types. From a perspective of trying to develop a federal sales strategy, IDIQs are natural focusing... read more
More on Selecting the Best IDIQ With thousand of IDIQs out there, developing a sales strategy can be a tangled mess. However, it may not be as challenging as you might have originally thought. Those that have been already awarded are not an option for you unless... read more
Which Flavors of IDIQs Should Our Company Seek?The federal government doesn't actually know the number of active IDIQs but rough estimates are that the number exceeds 2,000 and is increasing at an annual rate of approximately 30%. There are a large number of different IDIQs and... read more
IDIQs Keep Getting Bigger as More are IssuedIndefinite Delivery / Indefinite Quantity contracts (IDIQs) are funded when individual task orders are issued for competition among the companies that have received awards. Task orders are getting bigger and bigger and will soon reach the magic one... read more
Squeezing the Procurement Sponge: IDIQ Contracts Limit Competition within the RulesThis in the first in a series of six (6) newsletters about federal Indefinite Delivery/Indefinite Quantity (IDIQ) contracts and their growing importance in the federal market. As we speak, federal buyers are processing their procurement dollars... read more
Multi Vendor Contracts: Becoming the RuleIn previous newsletters, we described how multi-vendor contracts (IDIQ contracts) are becoming the rule rather than the exception in federal contracting. Federal purchasing officials are now using IDIQ contracts to procure virtually... read more
Only One Way to WOSB CertificationThe SBA's stated goal when announcing the new Women-Owned Small Business (WOSB) program was to expeditiously implement the policies, procedures and regulations necessary to ensure that federal contract dollars would immediately start... read more
Where is the Needle in the Haystack of Federal Contract Opportunities?The first step to winning federal business is to invest in an aggressive, direct federal sales program. Notice the word "direct." Resellers can sell some of your products but services have to be sold by you. Many companies that make... read more
The Benefits of an IDIQ ContractRecent installments have discussed the federal government’s unending march to award federal contract through Indefinite Duration Indefinite Quantity (IDIQ) contacts. What Are They: In the simplest terms, they are multi-year contracts that are... read more
The Trend Towards Multiple Award Contracting EscalatesThe multiple award contract is becoming a way of life in the federal government. Many large, federal multiple award contracts have been awarded this year; several of them carrying ceilings of more than $1 billion. And that is only the tip of... read more
- More Articles...
- Are You Playing with a Full Deck?
- Is It Whack to Use a MAC (Multiple Award Contract)?
- Get in Front of the Decision Makers
- Installment 17: Selling to Federal Agencies Located in Your Backyard
- Government Contracting Training Sessions
- Installment 16: Distinguishing Messages Win in the Federal Market
- Decision Makers Sample
- CCR Vendors: Enter the Government Marketplace with Street Smarts
- Installment 15: Small Business Preference Programs
- Locate GSA Business Opportunities
- GSA Schedule Advantages
- A Brief Period of Extravagant Spending
- Advanced Cost Accounting: Price to win and deliver as promised
- Public Postings of GSA Schedule Purchases
- Webinar Slide Presentation: GSA Schedules 101
