Government Contractors Association

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FBO - Contracting Tip #7

Posted by Ambalal Patel on May 26, 2011 at 2:57 PM

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What is Federal Business Opportunity (FBO)?

It is an online (internet) medium via which information of Federal Business Opportunities including recovery opportunities and awards information are made available to Buyers, Engineers, Agencies,Vendors, and all the citizens who pursue to do business with federal government.  

Should you register as a Buyer or a Vendor?

Your role is defined by how you use FBO.  There are two primary types of FBO users who register for role-based FBO accounts.  The first are government contracting officers at Federal agencies who are looking to buy goods and services on behalf of their agency.  They are known as Buyers.  The second are commercial vendors looking to sell goods and services to the government.  They are known as Vendors.  Click to learn more!

What are ProcurementClassification Codes?

Procurements areclassified by Federal Supply Codes/Product Services Codes from 1 - 99.  E.g. 22 – Railway equipment, 39  – Material Handling equipment etc.

What is a "sources sought" notice? And how to find them?

The Sources Sought notice is a synopsis posted by a government agency that states they are seeking possible sources for a project.  It is not a solicitation for work, nor is it a request for proposal.  Reference the FAR, Subpart 7.3 and OMB Circular A-76.  To find, use type "sources sought" to search on home page of FBO.


Categories: Contracting Tips

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