Who Can Be A Government Contractor
Whether you have a small business or a huge corporation you can still bid for government contracts. However, you shall pass through a lot of things to meet the requirements and qualifications in being able to bid on these prime contracts.
Government contracting can be beneficial for the growth and revenue of any business. If you are curious and willing to take the shot on this opportunity, make sure to bring your patience, determination, and perseverance until the end because this journey is time-consuming, exhausting, and demands great effort.
You can gain additional knowledge about government contracting with the help of the Small Business Administration . Nevertheless, when you win a government contract your business will never stop running and expanding in the long run.
Role Of Government Contracting Authorities
The Government of Canada contracting authorities solicit bids and award goods and services contracts. Once a contract valued at $1 million or more has been awarded, the contracting authoritys role is to:
- inform the contractor of the FCP requirements and their obligations
- request and obtain a signed Agreement to Implement Employment Equity form or obtain the current and valid AIEE number issued by the Labour Program, and
- forward the organization’s AIEE information to the Labour Program within 30 days following the contract award date
List Of Defense Contractors
| It has been suggested that this article be merged into ]. Proposed since February 2012. |
A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government. Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems. Services can include logistics, technical support and training, communications support, and in some cases team-based engineering in cooperation with the government.
Security contractors do not generally provide direct support of military operations. Under the 1949 Geneva Conventions, military contractors engaged in direct support of military operations may be legitimate targets of military attacks.
The surge in spending on defense services contractors that began in 2001 came to a halt in 2009 with a new eye on the bottom line, leading to the Better Buying Power initiative of 2010.
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Los Alamos National Security Llc
Total dollars obligated: $2,469,699,844
Total number of contract actions: 65
Los Alamos National Security LLC is a private company formed by several organizations, including the University of California and Bechtel. It is charged with operating the Los Alamos National Laboratory for the U.S. Department of Energy and the National Nuclear Security Administration.
Total dollars obligated: $2,472,643,385
Total number of contract actions: 7,114
Few companies in the history of American business are as established and celebrated as General Electric, which is also a major government contractor. In 2017, GE landed a $643 billion Pentagon contract to make aircraft engines. Less than a year later, GE won a $631 million Pentagon contract to repair and replace engine parts.
Huntington Ingalls Industries Inc
Total dollars obligated: $7,244,968,532
Total number of contract actions: 2,865
Shipbuilder Huntington Ingalls Industries Inc. was formed as a spinoff of defense giant Northrop Grumman. Billed as “America’s largest military shipbuilding company,” the firm has built more ships in more classes than any other naval shipbuilder.
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Bell Boeing Joint Project Office
Total dollars obligated: $2,509,740,101
Total number of contract actions: 4,830
The Bell Boeing Joint Project Office is an aerospace and defense company that specializes in manufacturing and assembling complete aircraft. In 2018, the company landed a contract to provide 58 V-22 Osprey tiltrotors to the U.S. Navy, Marines, and Air Force, as well as the government of Japan.
Who Are The Biggest Government Contracting Companies
The federal government of the United States of America is the worlds greatest and largest consumer of goods and services. This idea gave birth to the federal procurement data system which is usually scrambled out by different organizations. The federal government is not just one buyer, it is a collection of thousands of buyers that purchases everything from paperclips, bolts and nuts, and even aircraft carriers.
With so many needs, the government agencies order in bulk or at once. Most of the time, these consumers are aware that they need a certain product or service, but they are unsure of the quantity or how frequently they need it. This idea creates a unique feature in government contracts that is not present in private companies. In this read, we have listed the top 10 largest government contractors you need to know in the United States and the product or services they offer.
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Alion Science And Technology Corporation
Total dollars obligated: $783,060,389
Total number of contract actions: 1,135
Alion is an 80-year-old company that is among the most dominant corporations in the government and aerospace artificial intelligence sector. It has long served as a contractor for the military and other government elements, and its technologies support weapons platforms and training solutions.
Do Government Contractors Make Good Money
According to the 2020 general pay scale, the average annual income for a Federal contractor in the United States is $108,931. However, keep in mind that the specified amount may change depending on the contracts and procurement agency with which a company works.
Do federal government contractors make good money? No one knows the direct answer to that question. Because, in the end, the prime contracts and the government contract funds will be the deciding factors.
Things may go well for a contractor who obtains their first job because they have already made a noise for its name in the government contracting industry. Assume the federal market approves of a companys operations and believes it can provide what they require. In this instance, the government contractor is more likely to receive future contractual chances.
Getting into the industry takes a lot of law enforcement processes. Still, suppose you are really interested in potentially working with the federal government. In that case, you can check out the website of Small Business Administration for their one on one counseling and training courses.
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Lawrence Livermore National Security Llc
Total dollars obligated: $1,739,891,254
Total number of contract actions: 40
Made up of several cooperating organizations, Lawrence Livermore National Security LLC exists to carry out the National Nuclear Security Administration’s mission at the Lawrence Livermore National Laboratory. Among the groups within the company are names like Bechtel National, the University of California, and Battelle Memorial Institute.
Express Scripts Holding Company
Total dollars obligated: $642,000,467
Total number of contract actions: 134
Express Scripts Holding Company manages health care services like specialty pharmacy care. and pharmacy and medical benefits management. The company maintains several subsidiaries and affiliates, including Freedom Fertility and Speciality Benefit Services.
Total dollars obligated: $645,768,432
Total number of contract actions: 3,914
Carahsoft Technology Corporation provides IT and cybersecurity services to government entities of all stripes. The company serves as the central aggregator for a huge list of manufacturers, resellers, and system integrators that serve the government, including Adobe, Hootsuite, and Genesys.
Total dollars obligated: $689,307,575
Total number of contract actions: 28,610
Verizon earns state and national government contracts for wireless service, IP services, communications, cable, and even vehicles. As a result, the company services everything from schools to research facilities to personnel.
Total dollars obligated: $691,523,441
Total number of contract actions: 2,301
Insight Enterprises Inc. provides government agencies with a variety of tech services and products. Among the company’s offerings are connected workforce solutions, supply chain optimization, digital innovation, and cloud and data transformation.
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Research And Technical Assistance
Last but not least is the research and technical assistance. These contracts are comparable to service-based agreements, but they are more industry-specific. Scientific research and technical help for government agencies legal paper examinations are two examples.
Assume your company has a strong portfolio, a searchable database on the federal procurement data system, and a list of prior clients references. If thats the case, youll be eligible to bid on these specific contracts.
Focusing On Your Talent
Willis Towers Watson brings over 35 years of industry experience to help clients navigate the complex human capital landscape of government contracting. Our team understands the unique accounting and procurement challenges of government contractors and their implications to human capital and benefit plan management.
How we help our government contractor clients:
Improved employee experience
Supporting an employer mindset of employees as consumers. Recognizing ways to address the full well-being spectrum for todays employee, including physical, emotional, social, and financial wellbeing.
Proactive talent solutions
Consulting and tools to help you offer competitive compensation and benefits to engage and attract employees in the war for talent, especially against other adjacent industries.
Industry connectivity
Our relationships within the industry and with prominent government contracting attorneys and auditors, such as the Defense Contract Management Agency and the Defense Contract Audit Agency , enable an open dialogue and allow you to balance your legal, moral, and practical obligations in various situations .
Industry-based solutions
We can help you with our firsthand working knowledge of the industry trends and how to mitigate the impact of contract turnover. We can also offer guidance during the restructuring of business units and internal functions due to realignment or merger and acquisition transactions.
Contacts
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Brookhaven Science Associates Llc
Total dollars obligated: $538,366,095
Total number of contract actions: 39
Funded mostly by the U.S. Department of Energy’s Office of Science, Brookhaven Science Associates manages Brookhaven National Laboratory . BNL employs 3,000 scientists and more than 4,000 visiting researchers to study photon sciences, climate, environment, biosciences, and energy security.
Macandrews & Forbes Holdings Inc
Total dollars obligated: $865,397,476
Total number of contract actions: 1,651
MacAndrews & Forbes is a holdings company with an impressive portfolio of companies that cover industries as diverse as cosmetics, biotechnology, and digital entertainment. One of its companies, AM General, recently won a $356 million contract to build 1,673 tactical military vehicles.
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Boeing Intelligence & Analytics
The Chicago Illinois based company Boeing is the worlds leading manufacturer of aircraft, producing commercial planes and aircraft engines, defense, radar equipment, launch systems, space vehicles, and security technologies. Their popularity started when they fixed a wing aircraft and airframe structural components way back in 2011.
On the other hand, Boeing Intelligence & Analytics is a key provider of strategic capabilities to the US Intelligence Community. Providing critical digital communication systems for global security missions 24 hours a day, seven days a week
Software engineering, systems integration and development, fast prototyping, and project leadership are all areas where BI& A has top-tier technical talent and industry expertise.
BI& A assists customers in identifying and developing plans to mitigate potential adversary strengths and exploit weaknesses. They provide technical competence across the whole mission spectrum, from requirements definition to system and software development to system integration, test, and deployment.
Bl Harbert Holdings Llc
Total dollars obligated: $1,679,328,841
Total number of contract actions: 115
Specializing in construction, design-build, and general contracting, B.L. Harbert Holdings LLC maintains both a national and international division. It earns $1.25 billion in annual revenues and boasts more than $4.1 billion in green construction projects.
Total dollars obligated: $1,693,430,327
Total number of contract actions: 1,438
Although Accenture Inc. is a management consulting and professional services firm, the company boasts expertise across 40 industries. Its many divisions deal in consulting, strategy, operations, and technology. The company holds more than 6,000 patents or patents pending.
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Science Applications International Corporation
Total dollars obligated: $3,456,304,296
Total number of contract actions: 148,117
Science Applications International Corporation supplies federal civilian agencies and the intelligence community, as well as the Army, Navy, Air Force, and Marines. The company provides mission support in the form of engineering, training, and simulation, while also providing information technology, platforms like ground vehicles and weapons systems, and logistics services.
Space Exploration Technologies Corp
Total dollars obligated: $1,122,720,049
Total number of contract actions: 72
Elon Musk’s SpaceX corporation designs, builds, and tests rocket technology. In 2012, it launched the first-ever commercial spacecraft contracted to deliver supplies to and from the International Space Station. It boasts among its fleet the Falcon Heavy, the “world’s most powerful operational rocket by a factor of two.”
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Arctic Slope Regional Corporation
Total dollars obligated: $920,308,229
Total number of contract actions: 2,659
With 12,000 global employees, the Arctic Slope Regional Corporation is the largest Alaskan-owned organization in the world. Most of its 10 companiesand the government contracts they earndeal with Alaska’s rich oil, gas, and mineral reserves.
Total dollars obligated: $920,721,009
Total number of contract actions: 271
British pharmaceutical giant Glaxosmithkline makes popular prescription medications like Flonase and Levitra, but it’s also a major government contractor. Much of its work involves the development, testing, and distribution of vaccines.
National Technology & Engineering Solutions Of Sandia Llc
Total dollars obligated: $2,526,838,606
Total number of contract actions: 18
National Technology & Engineering Solutions of Sandia LLC operates Sandia National Laboratory. A subsidiary of Honeywell, the company is contracted by the U.S. Department of Energys National Nuclear Security Administration.
Total dollars obligated: $2,549,350,438
Total number of contract actions: 1,749
Alliant Techsystems has won several multimillion-dollar contracts in recent years. A subsidiary of Orbital ATK Inc, the research and development company provides products and services related to defense and security.
Total dollars obligated: $2,604,090,977
Total number of contract actions: 2,327,806
Centene is a healthcare group that operates several government-sponsored health care programs. Among its contracts are Medicare, Medicaid, correctional healthcare, military and veterans healthcare, and the health insurance marketplace.
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Hewlett Packard Enterprise Company
Total dollars obligated: $1,093,648,641
Total number of contract actions: 11,035
Hewlett Packard Enterprise Company specializes in digital services and products like high-performance computing, IT infrastructure, artificial intelligence, and cloud data protection. In 2018, the company won a $57 million Department of Defense supercomputing contract.
Nerships Or Llcs With Federal Government Contracts
A partnership or LLC that is negotiating a contract with the federal government or that has not completed performance of such a contract is prohibited from making contributions and expenditures. However, an individual partner in such a firm may make contributions and expenditures from personal funds .
Also, an individual, who is, in their own right or as a sole proprietor, a federal government contractor or negotiating a contract with the federal government may not make contributions or expenditures using any funds under their control. Note that the spouse of such an individual is not prohibited from making a personal contribution or expenditure in their own name .
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Do Business With The Military
Find out how your business can search and compete for contracting opportunities within the military.
- Learn about opportunities to sell to the military by contacting the small business office within each branch of the armed forces and Department of Defense.
- Find military contracting opportunities using the Contract Opportunities Search Tool on beta.SAM.gov. Search using the name of the military branch youre interested in working with, or the location of a specific military installation.
- If you are a veteran, check out programs and information specific to military veterans.
Bp Products North America Inc
Total dollars obligated: $1,006,470,934
Total number of contract actions: 613
The very first company on the list that boasts 10-figure contact obligations is BP, one of the most prominent energy companies and government contractors in the world. In 2014, the U.S. lifted a ban on government contracts with BP, which had been in place since the 2010 Deepwater Horizon catastrophe in the Gulf of Mexico.
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Set Aside Contracts For Small Businesses
There are many types of government contracts that many large and known government contractors battled out. But, the government also made different types of government contracts that are just meant to be given to small businesses.
These government contracts come with different benefits that can help a small disadvantaged business into a great one. Since these types of government contracts can provide lots of opportunities to small businesses, the contracting officers and procuring government limits competition to them to ensure that they are giving a fair level of competitive bidding process.
The set aside contracts that help small businesses to compete and win federal contracts come in two kinds competitive set aside, and sole source set-asides.
Atlantic Diving Supply Inc
Total dollars obligated: $1,638,257,510
Total number of contract actions: 27,330
Atlantic Diving Supply Inc. serves organizations like the Department of Defense at the federal level, as well as state and local agencies. It also provides services, including procurement support, logistical support, and operational equipment services to defense contractors, political allies, humanitarian organizations, and protective services organizations.
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Huntington Ingalls Industries Inc Technical Solutions
Technical Solutions, a division of Huntington Ingalls Industries Inc., provides mission-critical and practical solutions to a diverse spectrum of government and commercial customers worldwide.
As a division of Huntington Ingalls Industries, the business works as a national security technology company by focusing on the most complex projects every day.
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