Empowering Inclusion: The Untapped Potential of Supplier Diversity for People with Disabilities
As we strive for diversity and inclusion in our supplier networks, it’s crucial to address a group that is often overlooked: people with disabilities. Their talents, skills, and unique perspectives present untapped opportunities for corporations to foster a more inclusive and equitable business landscape. In this blog post, we’ll shed …
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Change Orders: What Are They?
In project management, a change order is an element of the change management process in which changes in the scope of work agreed to by those involved in a contract is made. Change orders are common to most projects. Some reasons for change orders are: Incorrect scope of work estimate …
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Targeting & Responding to Competitively Sealed Bids
If you are an MWBE wanting to land government contracts in NYC, you’ll need to go through a rather daunting competitive bidding process to show you are up for the job. But before you do that, you need to find an opportunity suited to your organization. Targeting Opportunities All state …
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Prime & Subcontractor Relationships: An Overview of Agreement Types
MWBEs have a unique opportunity to increase procurement opportunities by forming agreements between and among legal entities. Contractors who form the agreements outlined below as part of a winning strategy open themselves and their companies to various levels of expertise plus increases in capacity and market share. Teaming Agreements Teaming …
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Responding to RFPs
Does responding to a Request for Proposal (RFP) for government agencies fill you with dread? Trust me; you’re not the only one! What is an RFP? A request for proposal (RFP) is a business document that announces a project (usually a complex one that requires many subcontractors), defines it, and …
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Why Performance Evaluations Are So Important
An integral part of the contract management process is the conduction of performance evaluations. These evaluations allow agencies to assess and document how well (or how poorly) vendors are managing the contract and mainly focus on three main areas: Quality, Timeliness Of Performance, and Fiscal Administration & Accountability. The evaluation …
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Understanding Insurance Requirements
With over 78 million contracts awarded in the last fiscal year, MWBE and small business owners have many opportunities to expand. Unfortunately, when it comes to competing for government contracts, many business owners are unsure of the types of business insurance requirements needed and whether insurance is necessary at the …
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Why Performance Evaluations Are So Important
An integral part of the contract management process is the conduction of performance evaluations. These evaluations allow agencies to assess and document how well (or how poorly) vendors are managing the contract and mainly focus on three main areas: Quality, Timeliness Of Performance, and Fiscal Administration & Accountability. The evaluation …
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Responding To Competitively Sealed Bids
Does responding to competitive sealed bids for city agencies make you feel a little uncomfortable? You’re not alone. One of the biggest obstacles in the way of many MWBEs when it comes to landing government contracts is how daunting the process can be. If you’ve never prepared and responded to …
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Getting the Most Out Of Prime & Subcontractor Relationships
The forming of agreements between and among legal entities is a unique opportunity for MWBE business owners to increase procurement opportunities and can lead to huge benefits for all involved. Contractors who form agreements as part of a winning strategy open themselves and their companies up to various levels of …
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