Why Form 8865 Acquisition 2023-2024

Music hi and welcome to Tenders Pages channel. If you're here for the first time, you're probably interested in working with the federal government. We've all heard about the juicy contracts you can get once you register with the System for Award Management (SAM) or SIM. If you're a small business owner, you probably know about set-aside funds for small business contracts. That's all old news. But what if I told you there was a way for you to work with the federal government without the drawn-out process of going through SAM registration and a complicated bidding process? That's right! You don't have to spend hours working on your registration or searching through the FedBizOpps database. With federal micro purchases, your small business can work with the government through a simple credit card transaction. Sounds too good to be true, right? Well, it's not. In an average year, the federal government spends somewhere between fifteen and twenty billion dollars on micro purchases. Give me just a minute and I'll explain how it works. The micro purchase system was developed by the federal government as a way to ensure that discretionary funds are available for senior officials to use in case of emergencies. These funds are used when the government needs work done, but it's such a small project that it's not worth issuing a procurement and having contractors compete for it. This means that micro purchases are small projects that your small business can easily take care of. The maximum threshold for any micro purchase is $3500, which was raised from $3000 on October 1st, 2015. There are a few exceptions in case of certain attacks, but as a rule, you can count on a maximum of $3500. Micro purchases are done at the discretion of senior officials who hold a government Purchase...