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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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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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 …
Read MoreCan a Business Coach Really Get Your Business to the Next Level?
What would you say if someone told you that achieving a 70% increase in work performance, a 61% increase in improved business management style, and a 57% increase in time management could be as simple as hiring one more person? Well, it’s true. Optimizing your business can be as simple …
Read MoreHow to Get Paid As a Subcontractor
It has been my experience that subcontracting can be an excellent way for MWBE firms to increase market share while gaining valuable experience and past performance that is often required to do business with government agencies and large corporations. That said, when I suggest subcontracting to my clients, I am …
Read MoreI Attended the MWBE Forum in Albany – now what??
If you are like most small businesses owners, you came back from the MWBE Forum inspired, you met tons of people and you got a lot of leads. You are inspired about the 30% subcontracting goals, and you have every intention of following up. In fact, you may have already …
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