In the News

As you break into government contracting, it’s essential to learn how to speak the government’s language. Familiarizing yourself with common government acronyms and terms can help you build relationships and win contracts. Whether you’re interested in local, state, or federal opportunities, here are some of the top terms you need to know as you navigate the world of government contracting.

While most contractors win bids the right way, some may see an opportunity they want at all costs and decide to take a shortcut to get it. Corruption in government contracting can be a slippery slope or a leap off a cliff. Either way, it’s unethical and illegal. Some forms of reciprocity are deemed appropriate in the business world, while others, like kickbacks and bribes, are entirely unacceptable.

The federal government’s Technology Modernization Fund is receiving major boosts: funding for tech and cybersecurity modernization may see an additional $500 million on top of the budgeted $9.8 billion to go specifically toward civilian cybersecurity programs across the government — up from about $8.7 billion for fiscal 2021.

Agencies should consider embracing a distributed workforce where possible, according to new guidance issued on Thursday by the Office of Management and Budget, Office of Personnel Management and the General Services Administration.

Vendorship’s own co-founder and CEO Nazeera Dawood is in the news! Here is a closer look …