Aug 4, 2023
Three Exciting Contract Opportunities from the Consumer Product Safety Commission in July
Are you looking for exciting contract opportunities from the federal government? Then you are in the right place, MySetAside (MSA) here we have listed the three contract opportunities that were released recently from July by Consumer Product Safety Commission (CPSC). So, let’s delve into the contract information and grasp this opportunity to make it beneficial for your businesses. Consumer Product Safety Commission (CPSC) The Consumer Product Safety Commission (CPSC) is one of the federal agencies which was established in the year 1972 by Congress. To protect the public against unreasonable risks of injuries and death associated with consumer products, congress has implemented Consumer Product Safety Act. The motive of the law is to reduce the risk of injuries caused by consumer products and ensure their safety. CPSC Contract Opportunities The below-mentioned opportunities build the intuitive pathway to collaborate with CPSC. Each opportunity has unique procurement, so make sure that your product and service are suitable for it. Contract Opportunity 1: Design and Build a Movable Test Stand (Dynamometer) The U.S. Consumer Product Safety Commission (CPSC) is looking to contract a company to develop and build a movable test stand that can be used to evaluate micro-mobility devices (such as e-scooters, […]
Jul 28, 2023
Avoid These Common Mistakes and Unlock Federal Opportunities
As a small business owner, you might be struggling to enter the world of federal contracts. If a small business wins federal contracts, it will get substantial growth and revenue in its business. However, most businesses fail to secure contract opportunities because of some common mistakes. In this article, we delve into how to avoid the common mistakes made by small businesses. The Importance of Federal Contracting for Businesses: Before we discuss our key topic, let’s understand why federal contracts are important for small businesses. The federal government has the largest requirement for selling goods and services. The United States government has been spending billions of dollars every year on its procurement. As a small business owner, this is the biggest opportunity to compete in the federal contract bidding process and secure it. Participating in federal contracts provides various benefits such as business stability, steady income, long-term contracts, business reputation, and credibility. Once you have successfully demonstrated federal contracts it enhances the trustworthiness of your business and creates a positive impact about your services. Common Mistakes in Federal Contracting: Ultimate Source for Federal Contract Information-MySetAside: Discovering the ideal resource provides multiple advantages. Websites like MySetAside allow you to access comprehensive […]
Jul 21, 2023
Understanding NAICS: A Comprehensive Guide to Industry Classification
Welcome to the ultimate guide on understanding NAICS, the North American Industry Classification System. Whether you’re a business owner, an entrepreneur, or simply curious about different industries, this comprehensive guide will provide you with all the information you need to navigate the complex world of industry classification. Developed by the U. S. Census Bureau, NAICS is a powerful tool that organizes businesses into specific categories based on their economic activities. With over 1,000 industries included, it serves as a crucial resource for market research, government contracting, and business planning. In this guide, we will delve into the history and purpose of NAICS, explore how it is structured, and highlight its significance in various sectors. We will also discuss how NAICS codes can benefit small businesses, particularly those interested in government contracts through MySetAside. What is NAICS? NAICS, which stands for the North American Industry Classification System, is a standardized system used to classify businesses based on their economic activities. NAICS replaces the older Standard Industrial Classification (SIC) system and provides a more detailed and up-to-date classification of industries. NAICS codes are six-digit numbers that represent specific industries. Each digit in the code represents a different level of classification, with the […]