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Learn about the Minority Business Development Agency (MBDA) and its mission to create new job opportunities by expanding the U.S. economy through minority-owned businesses. Discover the keys to effective capture management and stay informed about major trends in federal contracting.
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Authority The only Federal agency tasked with creating new jobs by expanding the U.S. economy though the Nation’s minority-owned businesses Vision Economic prosperity for all American business enterprises Mission To foster the growth and global competitiveness of U.S. minority-owned businesses
Contracts and Capital—4.8B in FY 2013 (Dollars in Billions)
Major trends • Lowest cost technically acceptable (LCTA) • Effects lingering from sequestration/shutdown • Large multiple award contract vehicles • Increased competition • Frequent bid protests
Keys to capture management • Build your pipeline • Use IT tools • Evaluate bid/no-bid decisions carefully • Develop proposal library • Relationships!
Capture Management Product Match Low High Market/Prospect Match High Low
Forecast websites Air Force http://airforcesmallbiz.org/opportunities/ DOE https://hqlnc.doe.gov/forecast Acquisition Central http://www.acquisition.gov/comp/procurement_forecasts/