Price to Win and Price to Profit: 5 Things You Need to Know to Price Your Bid to the Government

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  • เผยแพร่เมื่อ 5 ส.ค. 2024
  • Your bid price directly affects whether you win or lose the bid, and if you do win, whether you profit or lose money on the contract. Learn the five most important things to pricing a government contract, and the top mistakes that can cause you to lose money on a job.
    🔥🚩 Learn from scratch how to grow your business with the largest customer in the world! Join The Complete Government Contracting Bootcamp: www.udemy.com/course/the-comp...
    I take you step-by-step through video tutorials and teach you everything you need to know to succeed in winning government contracts. From Beginner to Government Contractor with Just One Course. Use Coupon Code: FEDACCESS or click here: www.udemy.com/course/the-comp...
    🚀 Join our community today! Join our Facebook Group to ask questions and support each other on this journey: / fedaccess
    ❓ QUESTION - Have a question about contracting with the US government, how to become a government contractor, how to sell your product or service to the government, how to get certified and win small business and minority set-aside contracts, how to find federal contract opportunities, how to write a proposal, how to bid on government contracts, and how to win government contracts to grow your business? Post in the comments section of this video.
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    DISCLAIMER
    Any use of other media is fair-use only. I am not a CPA or attorney and the information provided in these videos should not be construed or relied on as tax, financial, or legal advice. This video is distributed with the understanding that the authors aren't engaged in rendering legal, financial or other professional services. If a viewer requires expert assistance or legal advice, a competent professional should be consulted. While the authors have endeavored to ensure that this video is timely and accurate, the authors make no representations or warranties with respect to the accuracy or completeness of the contents. The authors specifically disclaim any responsibility for any liability, loss or risk, personal or otherwise, which is incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this video. This video is designed for entertainment purposes only.
    Thanks for watching and joining me on this journey! Let me know in the comments what you would like to learn next.
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  • @sircarpediem4175
    @sircarpediem4175 2 ปีที่แล้ว +7

    🔥 This is great information. So many expenses are missed thinking that there are just three numbers to look at. Price, cost, and profit. That's like using a computer for social media and resumes the computer can do so many meaningful things. 🙏🏽

  • @Knowledgegod759
    @Knowledgegod759 2 ปีที่แล้ว

    Thank you for this!

  • @berwinmiller3823
    @berwinmiller3823 2 ปีที่แล้ว

    Delivered as Promised....As usual....Thanks so much for this material. You definitely know your stuff!!!

  • @DEEDEELOGISTICSLLC
    @DEEDEELOGISTICSLLC ปีที่แล้ว +1

    These videos are great!!!

  • @mikeedwards6610
    @mikeedwards6610 ปีที่แล้ว

    Great video!!! Answered several questions, thank you

  • @nakeshabetts8361
    @nakeshabetts8361 2 ปีที่แล้ว

    Thanks for sharing.

  • @nadzyaamorris7355
    @nadzyaamorris7355 8 หลายเดือนก่อน

    Thank you for all your videos

  • @defineurbeautybox7123
    @defineurbeautybox7123 ปีที่แล้ว

    Very helpful and good clear information to follow..

  • @mikiabright9869
    @mikiabright9869 ปีที่แล้ว +3

    The best content I've seen on this topic on TH-cam! Thank you kindly!!!!

    • @FedAccess
      @FedAccess  ปีที่แล้ว

      Thanks! Glad it was helpful!

  • @berwinmiller3823
    @berwinmiller3823 2 ปีที่แล้ว

    Yes it would be nice to dive in a little deeper. Thanks

  • @JacksonMwewa
    @JacksonMwewa 11 หลายเดือนก่อน

    This videos are great iam learning a lot

  • @moodynormajai9233
    @moodynormajai9233 2 ปีที่แล้ว +2

    This was absolutely awesome information. This has been my hardest task, but this really helped. Thank you 🙏

    • @FedAccess
      @FedAccess  2 ปีที่แล้ว

      Thanks! Glad it was helpful!

  • @hytgbvfr3455
    @hytgbvfr3455 2 ปีที่แล้ว

    Amazing content! Thanks

    • @FedAccess
      @FedAccess  2 ปีที่แล้ว

      Appreciate it!

  • @caenterprisellc6922
    @caenterprisellc6922 2 ปีที่แล้ว

    Awesome and very helpful information.

    • @FedAccess
      @FedAccess  2 ปีที่แล้ว

      Glad it was helpful!

  • @RWCBaltimore
    @RWCBaltimore ปีที่แล้ว

    I ENJOY EVERY VIDEO!! GOD, HOW I WISH I KNEW ABOUT YOU YEARS AGO

  • @verleseiataylor6311
    @verleseiataylor6311 ปีที่แล้ว

    Would love a deeper dive

  • @javaalltime
    @javaalltime 3 หลายเดือนก่อน

    It's really cool to watch, elaborate explanations from point to point , but how can I get the information ℹ️, any books or something.?

  • @nikkibeee8191
    @nikkibeee8191 2 ปีที่แล้ว +1

    Your videos are wonderful!!! My daughter and I are getting started in business together and I'm learning so much from your videos. They are short and to the point! Thank you! I'm just trying to learn about dividing the business for tax purposes. Do you have a video regarding this subject?

    • @FedAccess
      @FedAccess  2 ปีที่แล้ว

      That's a complicated subject you should discuss with a CPA and attorney. I suggest finding someone who is familiar with government contracting, because government contracting adds some extra wrinkles to the equation.

    • @nikkibeee8191
      @nikkibeee8191 2 ปีที่แล้ว

      @@FedAccess thank you so much for your response. I will do so. I have a ton to learn from both the contracting and business sides.

  • @phc2327
    @phc2327 ปีที่แล้ว

    interested on deeper dive on setting pricing

  • @clemmiemangum9306
    @clemmiemangum9306 ปีที่แล้ว

    Can you make a video on how to search on the NAICS Association site, step by step

  • @Aqueenlee
    @Aqueenlee 2 ปีที่แล้ว

    Great tips and I would to see a deeper dive on the topic. Also, how would you derive pricing if you are using a manufacturer to produce a custom item for the government?

    • @FedAccess
      @FedAccess  2 ปีที่แล้ว +1

      I'm not sure I understand what you are asking. You would start with the price you pay the manufacturer, and add your overhead costs, installation/delivery costs, and other administrative costs required to complete the contract.

    • @dawnpeterson9518
      @dawnpeterson9518 10 หลายเดือนก่อน

      I would definitely like you to take a deeper dive. Also, do you mentor people?

  • @waynecmontgomery
    @waynecmontgomery 2 ปีที่แล้ว

    Very helpful video. I was wondering how do I submit a bid for an unsolicited service that the government might want?

    • @FedAccess
      @FedAccess  2 ปีที่แล้ว +1

      I would not submit an unsolicited proposal without talking to them first

  • @rochelleleflore7929
    @rochelleleflore7929 2 ปีที่แล้ว

    Hello, Are there workshops, webinars that one can access? Also can I be added to your email list? Thanks for producing such great content on the subject of government contracts.

    • @FedAccess
      @FedAccess  2 ปีที่แล้ว +1

      Thanks. My focus is on making these videos. Are there any topics you'd like me to cover?

  • @jeromeandjoyceminor1952
    @jeromeandjoyceminor1952 11 หลายเดือนก่อน

    Hello Thank you for valuable content that your provide. I'm looking for the FPDS video link you mentioned.

    • @FedAccess
      @FedAccess  11 หลายเดือนก่อน +1

      here it is: th-cam.com/video/_tbgSFpIzas/w-d-xo.html

  • @relaxedclub9425
    @relaxedclub9425 2 ปีที่แล้ว

    Do you have a template of a complete proposal like the one you showed? Also, how can we get this awarded solicitations like the one you just showed for training purposes?

    • @FedAccess
      @FedAccess  2 ปีที่แล้ว +1

      The first place to look for a solicitation is SAM.gov

  • @garnerwatson5366
    @garnerwatson5366 11 หลายเดือนก่อน

    Hi...Do u offer personal coaching? ❤️

    • @FedAccess
      @FedAccess  11 หลายเดือนก่อน +1

      I don't, but watch my recent video on how to get a mentor. Those folks will help you, and their help is free

  • @adriennenicole7687
    @adriennenicole7687 2 ปีที่แล้ว

    How can I get in contact I'm contact with you??

  • @tonybrown4367
    @tonybrown4367 2 ปีที่แล้ว

    You are amazing! How do I do your super buy?

  • @colonelmann
    @colonelmann 11 หลายเดือนก่อน

    I still cannot locate these awarded contracts with details on SAM.

    • @FedAccess
      @FedAccess  11 หลายเดือนก่อน +1

      Did you check FPDS? This video shows how: th-cam.com/video/_tbgSFpIzas/w-d-xo.html