Federal Contracting Term Paper Example | Topics and Well Written Essays - 1000 words

Federal Contracting - Term Paper Example From this paper, it is clear that FedBizOpps is a very valuable resource that offers detailed information on how and when vendors should respond to all federal contract solicitations worthy $25000 or more (Longley, N.d). US General Services Administration (GSA) establishes and administers the largest government-wide contracts with the government agencies ordering goods and services directly from the GSA schedule contractors. Municipalities, counties, states and federal agencies have huge needs which can be fulfilled by our company thus it paramount to remain vigilant of the government contracts whether they are advertised in the daily newspapers or websites such as FedBizOpps or each arm of a government website. In conclusion, before presenting any bid it is important that your company do the following in order to enhance its competitiveness in the bidding process. First the company should do an extensive research about the agency; secondly, analyze your competition well to know what they are likely to offer.For our company, upon extensive research on government websites, the following contract is very suitable for our bidding. Based on our research, we have several competitors for this type of contracts from the government but the leading among our competitor is OWL COMPUTING TECHNOLOGIES, INC located in Ridgefield, CT, USA. This company was awarded 29 contracts worthy $ 1752k between 2005 and 2008 (OnBid, 2009). Our competitor analysis will focus on this company as indicated below.... Global IT & Office Solutions Ltd is based in Erie, PA and was founded in 1997 to offer computer and office equipments repair and maintenance services to our esteemed customers who range from individuals, institutions, government agencies and multinational corporations. We service all models and makes of computers and office equipments. Our strength is based on keeping up-to-date with technological advancements; highly trained, experienced and updated staff; and keeping the needs of our clients first through effective management of our resources. Mission: our goal is to offer high quality services to our clients to ensure complete solution and satisfaction of every business through friendly and knowledgeable service and support. Our hope is that you will feel confident in our ability to meet your expectations and know that our customers are always our number one focus. Scenario 2 Competitor analysis is a crucial part of strategic planning as it helps the management to compare it compe titive advantages with that of competitors; understand competitors’ future strategies; develop strategies for future competitive advantage; and forecast possible future returns on investments. Based on our research, we have several competitors for this type of contracts from the government but the leading among our competitor is OWL COMPUTING TECHNOLOGIES, INC located in Ridgefield, CT, USA. This company was awarded 29 contracts worthy $ 1752k between 2005 and 2008 (OnBid, 2009). Our competitor analysis will focus on this company as indicated below. OWL COMPUTING TECHNOLOGIES, INC Market Share Around 5 percent based on the available industry statistics and business turnover Major Customers National bureau of statistics and two multinational companies. What do their customers