Georgia Tech Procurement Assistance Center

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GTPAC receives funding commitments to enter into 29th year of service to Georgia businesses

November 14, 2014 By ei2admin

In 2015, the Georgia Tech Procurement Assistance Center (GTPAC) will enter into its 29th year of continuous operation, serving Georgia businesses with assistance in winning and managing government contracts.

That’s made possible based on a 50-50 funding match between the Defense Logistics Agency (DLA) and state funding made available through Georgia Tech’s Enterprise Innovation Institute (EI2).  With financial support from Georgia Tech and DLA, GTPAC is one of the longest, continuously operating PTAC’s in the nation.  GTPAC is one of 98 PTACs operating in the United States, Guam, Puerto Rico, and the District of Columbia.

On Thursday, Nov. 13, 2014, the Georgia Tech Procurement Assistance Center (GTPAC) received a fully executed award document from the DLA ensuring that funding would be made available to Georgia Tech for another year of procurement technical assistance center (PTAC) operations in the state of Georgia.

Of the nation’s PTACs, the Georgia Tech program has one of the strongest track records.  In the past 10 years, for example, GTPAC has supported Georgia businesses in winning between $500 million and $1 billion in government contracts annually.

In calendar year 2013, GTPAC’s clients won 4,952 government prime contracts and 593 subcontracts worth a total of $661 million.  GTPAC counseled, instructed, and provided bid opportunities to 2,908 businesses across the State of Georgia last year.  GTPAC also conducted 160 classes and participated in 62 events state-wide where more than 6,000 business people received instruction on how to effectively compete for government contracts.  In all, GTPAC staff members conducted 8,377 counseling sessions with Georgia-based small businesses in 2013 as well as 395 counseling sessions with large businesses.

GTPAC maintains staff in Albany, Athens, Atlanta, Gainesville, Carrollton, Savannah and Warner Robins.  All businesses in Georgia are eligible to receive GTPAC’s services at no cost.  The program provides Georgia businesses with counseling, training, and a complete set of tools to research and identify government contracting opportunities.  For contact information, and to register for any GTPAC class statewide, visit the program’s web site at www.gtpac.org.

Filed Under: GTPAC News Tagged With: DLA, EI2, Georgia Tech, GTPAC, PTAC

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