Sources Sought Notices: Don’t Just Answer the Mail…treat them like a proposal, or you just might close the door on a business opportunity.

The Government routinely conducts Market Research (MR) on their industrial base; it’s good business for the Government to understand its suppliers and their capabilities for current and future needs.  However, did you know that MR is required by the Federal Acquisition Regulations (FAR) prior to conducting a procurement?  Government MR approaches range from passive (no industry involvement) to active (high industry involvement). Passive methods include government personnel conducting keyword searches on the internet or seeking potential vendors using the System for Award Management. Active methods involve sending surveys to their known vendor base, making pre-solicitation announcements via FedBizOps, holding Industry Days, or directly contacting and visiting potential vendors. Continue reading “Sources Sought Notices: Don’t Just Answer the Mail…treat them like a proposal, or you just might close the door on a business opportunity.” »