Government Procurement Contracts

GOVERNMENT CONTRACT BID PROTESTS

WHAT IS GOVERNMENT PROCUREMENT?


If you own a small- or medium-sized business and do not have a government contract, you may be wondering, “What is government procurement, and how could it impact my business?” Government procurement is a term that refers to a government agency’s procurement of goods and services, typically from small- and medium-sized businesses that enter into contracts with the government agency. Sometimes government procurement is also known as government purchasing. In order to hire a business to provide goods or services, a government agency must go through a formal process that involves the following:

        •  Issue bid proposals

        •  Seek responses from businesses up until the closing date

  •         •  Award the government contract typically to the lowest bidder
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    When we refer to government agencies seeking businesses to provide goods or to perform services, we are referring to government agencies at all levels — local city government agencies, city departments, state government agencies, and federal government agencies. By law, in order to hire a business to provide goods or services, a government agency must go through the procurement process we have outlined above.

WHAT IS GOVERNMENT PROCUREMENT?

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