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Opportunity Tracking and Competitive Intelligence

Government Business Blueprint  |  Business Development  |  Proposal Management

Each day, ECG collects information about government contracting opportunities from multiple databases, agency publications, and proprietary sources. Since there is no single, comprehensive source of information about government contract opportunities dedicated exclusively to this industry, ECG provides a unique resource unavailable elsewhere in a similar format. This information includes the following:

Government contracting is highly time-sensitive. The purpose of daily monitoring is to scan the multiple sources of procurement information efficiently. This process ensures that all significant milestones in the procurement process are identified and addressed quickly so that critical deadlines are not missed. As soon as new opportunities are identified, ECG will send our clients an email including pertinent information.

The sheer volume of government procurement information available to contractors requires that they gather as much notice as possible so that they are positioned to respond when the right opportunity presents itself. The purpose of this email is to allow  clients to quickly assess the information to decide whether to continue monitoring the opportunity, discard it, or move on to a more accurate bid/no-bid decision.

 

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MYTH: Providing goods and services to the government means you have to wait forever to get paid.

FACT: Many government contracts are subject to the Prompt Payment Act which was enacted to ensure the federal government makes timely payments. Bills are to be paid within 30 days after receipt and acceptance of goods/services or after receipt of an invoice whichever is last. If a timely payment is not made, interest should be automatically paid.