Part II: Tips for Formal Contract Awards

  • Verify that the bureau with whom you wish to do business actually buys the goods or services your company can provide by reviewing the Top 25 Listing.
  • Locate the buying offices that purchase your product or service by contacting Treasury’s Small Business Specialists, and by reviewing Treasury’s Forecast of Contract Opportunities. Also request the names of contacts within the procurement office who can provide further assistance.
  • Visit Treasury’s Small Business Specialists at our Monthly Vendor Outreach Session. Find out how often your products or services are purchased; how offices maintain their source lists; and how the Treasury bureaus do business.
  • Submit capability statements to the bureau Small Business Specialist to inform them of your company's capabilities. Your statement should include specific information on the type of products or services your company provides, a listing of your North American Industrial Classification System (NAICS) codes, and references of previous customers. To assist you in identifying your NAICS codes, you may examine a list of NAICS codes online.
  • Before submitting a bid or proposal, get to know the Federal Agencies. Obtain available information on past awards, quantities, costs and awardees; become known to potential purchasers, check your financial status, staff capabilities and track record; give your company a competitive edge by exhibiting at trade fairs and sending representatives to procurement conferences; read and contribute to trade journals; join professional associations and civic organizations for networking opportunities. Under the Freedom of Information Act (FOIA) you may obtain information about previous Treasury contracts. However, prior to requesting information under FOIA, ask the bureau Small Business Specialist what information he/she can provide. Often times, the information is publicly available and you do not need to go through FOIA.