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Step-by-Step Guide to Becoming a Prime Contractor


Nowadays, most small businesses are focusing on becoming the federal government’s prime contractor, as it provides huge opportunities for business expansion and revenue growth. The U.S government is one of the largest buyers of goods and services. In fact, each year the U.S. government awards more than $500 billion in contracts. According to citations of Scholars at Harvard, 23% of set-aside contracts are released for small businesses. Growing up as a prime contractor is a significant step to accelerating your growth and showing your business as a main player in the government marketplace. If you are currently a subcontractor or business looking to obtain prime contractor status, this blog will provide you the valuable information. What is a Prime Contractor? The businesses that directly work with a federal agency are considered the prime contractor. The prime contractor handles delivering the service or product, administering the subcontractors, and ensuring compliance with all government regulations. Prime contractors control the relationship with the government agency and receive payment directly.  Prime Contractor vs Subcontractor Feature / Aspect Prime Contractor Subcontractor Contractual Relationship Holds a direct contract with the federal government. Has a contract only with the prime contractor, not with the government. Project Responsibility […]


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Oklahoma City Area IHS Awards $102 Million IDIQ Contract to Prime Physicians Tri Providers LLC


Recently, the federal government made a historic decision that further solidifies the existing commitment toward health care for tribal people, the Indian Health Service has awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract to Prime Physicians Tri Providers LLC for $102 million through the IHS Oklahoma City Area Office. The contract was released in solicitation number 75H71125D00003, with the goal of delivering high-quality medical services to tribal people while supporting access to medical benefits. This type of approach is an effort to fill the gaps in services between the tribal people and the IHS service region.   In this blog post, further, we will discuss comprehensive information about this award, the importance of IDIQ contracts in federal procurement, the role of IHS in tribal health care, and the advantages of small businesses participating in government procurement.  Understanding the IDIQ Contract Award  Indefinite Delivery Indefinite Quantity (IDIQ) is a type of government contract primarily used by federal contract agencies to receive services or supplies without mentioning the quantity and delivery time. In other words, they will make sudden demands on the company awarded. These contracts shine in complex, long-term projects like healthcare delivery, where demand can vary significantly.    In the first week […]


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What is SAM.gov Wage Determination?


Wage determination is the set of wages, fringe benefits, and work rules that the US Department of Labor sets for a given labor category and in the prescribed locality. Federal contractors should understand the rules and regulations that surround the concept of wage determination for business success. Respecting labor rules, which mandate that employees receive equitable compensation and benefits, is one of the most important parts of government contracting. The U.S. Department of Labor enforces wage standards. SAM.gov is the main resource for locating and following salary rulings. Let us discuss SAM.gov wage determination, including its operation, significance, and essential information to meet federal regulations. SAM.gov Wage Determination Setting the minimum wage and fringe benefits is known as wage determination. Contractors are required to provide wages to their employees when working on government contracts, and setting their standards is known as wage determination. This is especially true for contracts involving maintenance, services, and construction for the federal government. Wage determinations guarantee that employees on federal projects receive fair compensation that complies with both local and federal labor laws. SAM.gov wage determination is a vital resource for any company doing business with the federal government. It is the only website where […]


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