The Federal Government awards approximately $500 billion in contracts annually to businesses and organizations.
These contracts are provided to private, public, city, state, Faith base, and community organizations. They come in the form of “grants” or contract awards resulting from responses to solicitations or RFPs.
The government spends so much money because of the cost savings to defer to the contracting organization all the expenses in providing various delivery of services (staff, equipment, benefits, performance, etc.).
Government contract opportunities are acquired by RESEARCH, RESEARCH and more RESEARCH. Large companies have development teams dedicated to research for contract opportunities from the various government agencies. Once they locate the solicitation that is consider a “fit” for their organization, they respond to the “statement of work” outlined in the “request for proposal.”