The Basics of Subcontracting for Construction & Professional Services: Opportunities and Risks for MWBEs
Subcontracting can be a powerful way for Minority- and Women-Owned Business Enterprises (MWBEs) to break into the world of government contracting and large-scale private projects. The benefits are clear: subcontracting offers MWBEs a chance to gain valuable experience, establish past performance, and build relationships that can lead to larger opportunities. …
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The Art and Science of Cost Estimating for Construction
Cost estimating in construction is both an art and a science. It requires precision, technical expertise, and the ability to interpret detailed blueprints and specifications. For Minority- and Women-Owned Business Enterprises (MWBEs) in particular, mastering cost estimating is essential for competing effectively and profitably in the construction industry. Unlike other …
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Rethinking Prime and Subcontractor Relationships: Building Smarter Partnerships
When I first entered the world of government contracting in the 1990s, my understanding of prime and subcontractor relationships was overly simplistic. Primes were the “big guys,” responsible for bidding and winning contracts, while subs were the “little guys” brought in to help meet MWBE (Minority- and Women-Owned Business Enterprise) …
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Teaming, Subcontracting & Joint Ventures
How often do you find yourself working together with other MWBEs on larger projects? In our experience working with minority and women small business owners across the state, we’ve discovered that many don’t consider how working together with their competitors can yield excellent results, helping them grow their business and …
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Basics of Subcontracting for Construction Firms
Is your MWBE trying to break into the world of government contracts? Trying to land a contract with a government agency is a fantastic way to grow your small business’ revenue, but it isn’t the only one! Suppose you don’t yet have the experience to make a competitive bid for …
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What Are the Basics of Subcontracting
What Are the Basics of Subcontracting If you’re a minority or woman-owned small business and are looking to get into the world of government contracts, a great gateway can be to maneuver your way into subcontracting. Every year, the City of New York has a subcontracting goal of 30% for …
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Increase Revenue through Marketing to the Government – Create Bold Marketing Materials
NYC spends billions of dollars on good and services annually creating great opportunities for small businesses. Most recently, NYC has increased the discretionary purchasing threshold from $20,000 to $150,000 and they buy everything from office supplies, graphic design, consulting services, video, and so much more. If you are looking for …
Read MoreMWBE Business Course: Deadline December 11
Benjamin Franklin said: “An investment in knowledge pays the best interest.” At a certain point in the life cycle of a business, an investment in a business course, or coach, or combination of both will aid in growing your business. These professional coaches or programs are often pricey—you get what …
Read MoreHow to Network with Government Agencies and Buyers
In the next few weeks, there are several MWBE networking events taking place throughout New York City. To the novice networker, these may seem like business as usual meet-and-greet exchanges. To a business savvy networker, these events present huge opportunities to connect with government buyers! Some gatherings are large, such …
Read MoreNew York City Spends $1 Billion with MWBE Firms
It’s a good (and lucrative) time to be a minority-owned or women-owned business in New York City. Recent reports indicate the City has spent $1 Billion with MWBE firms, a $400 Million increase in just two years. The bigger picture indicates there is a tremendous opportunity for MWBE firms looking …
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