The number of federal agency Sources Sought Notices for small businesses appears to have increased dramatically in recent years.
Sources Sought notices for small businesses referenced on the Federal Business Opportunities website FBO.gov rose to 2,610 in fiscal 2014, more than quadruple the 565 counted in fiscal 2004, according to an analysis by Set-Aside Alert.
That is good news for small business owners, because they are often advised to search for, and respond to, Sources Sought Notices that match their capabilities in order to get a foot in the door early in the process as opportunities are developing.
“We are seeing an explosion in Sources Sought Notices,” Gloria Larkin, government contracting consultant and president of TargetGov, said at a recent industry conference for small business federal contractors.
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For more information about “Sources Sought,” see: http://gtpac.org/2010/09/16/what-is-a-sources-sought-heres-the-answer/