Four Factors for Federal Contracts

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If you’re looking at federal contracts and thinking about become an independent federal contractor, you need to know it isn’t the way to make a quick buck. Many businesses and retired military personnel look at federal contracting, thinking it’s a way to find work that will quickly bring in cash, but there are factors every federal contractor should consider.

Demand
How often do your target government agencies need your products or services? Will they need your products or services in sufficient amounts to make it worth your time to pursue a contract?

Sales Cycle
Federal government contracts frequently get bogged down in red tape. Although the government is a reliable customer and, as a federal contractor, you won’t have to worry about being paid, you may definitely have to wait a month or longer to actually be paid. Can you afford to wait that long?

Regulations
Working under federal contracts, you’ll have more rules and regulations. Your company has to be up to code, and you have to have well-documented quality assurance procedures. If you don’t have these, or your company isn’t up to code, you’ll need to find out how much it costs (and if you can afford it) to make these changes before looking at federal contracts.

Insurance and Bonding
Depending on what government agencies and contracts you’re looking at, you’ll also need to make sure that your bonding and insurance are up-to-date. Most agencies have minimum requirements, and you’ll have to meet them to be accepted.

If these factors are a little bit more than you bargained for, but you’re still interested in federal contracts, join an already established federal contractor. Sabre Consulting, as one of the top government contractors today, needs specialists in several categories to meet current high demand for testing, training, consultation and many other areas. We’re expanding on a constant basis, so if you’re interested in federal contracts without the headaches, come check us out today.

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“Sabre Consulting & Training provides consulting, training, integration, management, engineering and logistical support to industry and government clients around the world. The members of Sabre Consutling & Training are highly respected and credentialed professionals with a vast portfolio of experience and relationships extending throughout the United States and internationally.”

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