FEDERAL CONTRACTING ISSUES - Term Paper Example

CCR is the official free on-line registrant database for the US Federal Government that collects, validates, stores and disseminates data in support of agency acquisition agency acquisition and award missions (BPN, 2011). After training and being registered, one can start soliciting for opportunities to do business with the federal government. In some instances, businesses offering similar products or services team up to solicit the federal contract opportunities. The law requires the large prime contractors to come up with opportunities of subcontracting with small business ventures.

For this assignment, our company, Global IT & Office Solutions Ltd that specializes in computer solutions and office machine repair and maintenance services would like to offer these type services to the government agencies. This type of business falls under category NAICS 811212 (SIC 7978, FSC/ PSC code 74) which comprises of establishments primarily engaged in repairing and maintaining computers and office machines without retailing new computers and office machines (NAICS, 2011). To register the following information was provided: Data Universal Numbering System (DUNS) Number provided by Dun and Bradstreet; Tax Identification Number (TIN) and Tax Payer name used in federal tax matters; statistical information about the business; and Electronic Funds Transfer (EFT) information for payment of invoices (BPN, 2011).

Global IT & Office Solutions Ltd is based in Erie, PA and was founded in 1997 to offer computer and office equipments repair and maintenance services to our esteemed customers who range from individuals, institutions, government agencies and multinational corporations. We service all models and makes of computers and office equipments. Our strength is based on keeping up-to-date with technological advancements; highly trained, experienced and