4 Key Activities of Government Contracting.
Are you planning to conduct business with the government?
Here are 4 key execution steps you will need to complete as part of the initial government contracting process.
- DUNS Number: DUNS stands for Data Universal Numbering System, and it is a unique nine-digit numerical identifier that is assigned to a single business entity. Apply for this number at dnb.com. This number is associated with your business credit profile and is needed to complete your SAM registration.
- NAICS Codes: NAICS stands for North American Industry Classification System, and it is used throughout North America to classify businesses with a six-digit number based on the primary type of work the business performs. You can find the NAICS code that most closely matches your business at naics.com.
- SAM Registration: SAM stands for System for Award Management, and it is the official free site where you can register to do business with the U.S. Government.
- Capability Statement: A capability statement is a concise one-page document of your business competencies that serve as your government contracting business resume.
To learn more about the 4 basic government contracting process steps contact your local Procurement Technical Assistance Center, and a PTAC representative will assist you.
Written by: Gregory Grant, Small Business Consultant (Jacksonville), Government Contracting Specialist, Florida SBDC at UNF