Discuss About the Categories of Federal Sales?
Introduction: The federal government works to make federal sales as simple as possible. It maintains promotional activities in order to compete as well as to achieve fair deal for federal agencies by the use of FAR, Federal Acquisitions Regulations. Along with this, there are 137 independent executive agencies having over 430 departments under the federal government. There are two major federal sales categories under the subcategory of Small Business Federal Sales, these are like Prime Contract Awards and Sub Contract Awards – Each one of them having two markets along with unique challenges and opportunities. Prime Contract Awards – Being a Prime Contractor, a small business first and foremost has to determine between agencies and departments who shall buy their products. This could be a challenging process as all federal agencies are having different set up, no two agencies are having similar set up. In some cases, the buyer is located in the marketplace or