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Monday, 10/04/2021 3:28:13 PM

Monday, October 04, 2021 3:28:13 PM

Post# of 62862
Solid $GRPS DD here.


There's not going to be any government contracts, the government doesn't buy anything from little penny ante companies like this.
It's all more nonsense from Goulding just like all the government grants their high priced high profile lobbiest was going to get for them LMAO!!!



Prior to entering the government as an engineer, I was a government contractor working logistics for Marine and Space. The company I worked for was the PRIME on the contract I was on for over a decade, until the contract had come up for re-bid and they lost. Why would that be? After having gone through four re-bid processes, and winning decisively, they just all of a sudden lost?

Here is why they lost. In 2013, under the Obama Administration, the U.S. Small Business Administration implemented the 23% rule for government contracting... ensuring that 23% of PRIME government contract dollars be awarded to "SMALL BUSINESS". My company (one of the largest federal contractors on the planet) decided they would "play the game" and spin-off a portion of their large company to create a smaller one that qualified as a "small business". The new "small business" put in a bid/proposal for the contract that my original larger company had owned for so many years, and they WON! They got the same quality work from the same people! My company just exploited a loophole and made a small business from a much larger business to qualify. All parties were happy... but it doesn't change the fact that the rules changed. They had to adapt.

As for $GRPS, they qualify as a small business! That means there are contracts available SPECIFICALLY to companies JUST LIKE THEM!

...the government doesn't buy anything from little penny ante companies like this



Uh, yeah, they do. On purpose.

See here from the U.S. Small Business Administration (.gov)
https://www.sba.gov/federal-contracting/contracting-guide

Contracting guide
The federal government contracts with small businesses to buy products and services.

Benefits of government contracting
Government contracts are a tremendous financial opportunity for small businesses.

The U.S. government is the largest customer in the world. It buys all types of products and services — in both large and small quantities — and it’s required by law to consider buying from small businesses.

The government wants to buy from small businesses for several reasons, including:

- To ensure that large businesses don’t “muscle out” small businesses
- To gain access to the new ideas that small businesses provide
- To support small businesses as engines of economic development and job creation
- To offer opportunities to disadvantaged socio-economic groups


The SBA’s role in contracting
The SBA works with federal agencies in order to award 23 percent of prime government contract dollars to eligible small businesses. It also offers counseling and help to small business contractors.

SO, just to recap... the government does in-fact contract and buy from "little penny ante companies like this".

FACTS are King. Always.