Unlocking Success: Strategies for Small Businesses to Navigate Bonding in Federal Contracting
The U.S. General Services Administration (GSA) and the U.S. Department of Transportation’s (U.S. DOT) Office of Small and Disadvantaged Business Utilization (OSDBU) are teaming up to offer a valuable opportunity for small businesses looking to grow their presence in federal contracting. If you're a small business or industry partner eager to learn more about bonding strategies that can unlock your business's potential, don't miss the upcoming "Navigating Bonding: Strategies for Small Business Success" webinar.
Why Bonding Matters for Small Business Growth
Bonding is a critical component for businesses engaged in federal contracting, especially for construction or service contracts. It provides the government with assurance that a contractor will perform as required, and it’s often a requirement for bidding on larger federal projects. However, for many small businesses, navigating the complexities of bonding can be a challenge. That’s where this webinar comes in.
This free virtual training will provide a concise overview of the U.S. DOT Bonding Education Program (BEP), valuable insights from successful small businesses, and practical advice from GSA and U.S. DOT buyer representatives. It’s a unique chance to learn from experts and gain strategies to help your business thrive in the federal marketplace.
What to Expect from the Webinar
Date: Thursday, October 24, 2024
Time: 1:00 PM Eastern Time
Location: Online (Free registration available here)
The webinar will feature expert presenters, including:
Magen Elenz, Program Analyst and Manager of the U.S. DOT Bonding Education Program (BEP), U.S. DOT OSDBU
Tamara E. Murray, Underwriting and Marketing Specialist, SBA Surety Bond Guarantee Program, U.S. Small Business Administration (SBA)
Together, they’ll provide actionable insights into bonding strategies, demystifying the process for small businesses and equipping you with the knowledge to succeed.
Key Takeaways
Understanding Bonding: Learn how bonding works in federal contracting and why it’s crucial for securing larger contracts.
Success Stories: Hear from small businesses that have successfully navigated the bonding process and used it to grow in the federal market.
Expert Panel Discussion: Engage with GSA and U.S. DOT representatives to understand how they evaluate bonding in the contracting process and what they look for in potential partners.
Practical Strategies: Gain insights into programs like the SBA Surety Bond Guarantee Program, which can help small businesses overcome common bonding challenges.
