Small-Business Opportunities with the Navy Assignment

Small-Business Opportunities with the Navy - Assignment Example By statute, the Navy is required to implement some basic small business programs. The government provides opportunities in acquisitions to small businesses including the chance to participate in subcontracts and prime contracts. The following are the steps for acquiring the contract The Company will aim to be satisfied as a small business. It is primarily because the government retains a certain percentage of its contracts for small business holders and vendors (Contractor reference guide, 2014). Our company will identify a need that is yet to be in the Navy. Through our observation, there is a niche in the floor refinishing sector. It is especially because our product is, and therefore we are the only ones who can provide this service (Contractor reference guide, 2014). The Company then sends procurement letter to the Navy small business specialist who will advise us on the contract acquisition process. We will also market our product to the small business advisor so as he or she can consider us in the contracting process. The company will lay out the services it offers and then offer a price for which it is willing to work. Smart pay is such a website and serves to as a link between over 350 federal agencies. All this agencies will locate vendors and business through this online service (Contractor reference guide, 2014). Electronic contracting services offer a platform on which vendors can acquire contracts. They are also necessary for business such as the Navy since advertisement of their contracts may be done on these online platforms. Smart pay services offer charge cards to agencies throughout the United States government through master contracts with major national banks such as JP Morgan and Citibank. The charge cards are for contracting services where businesses and vendors are paid through the relevant banks. The advantage of smart pay is that