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Small Business Advantages & Types of Contracts

Imagine that you own a small disadvantaged business in your state. Identify your state and describe whether it is advantageous or not for you to do business with the federal government. What steps will you have to take to sell goods and services?
Your small business has decided to pursue a government contract. What type of contract from the following list would you prefer, and justify why you prefer that type: (i.e., fixed price contract, incentive contract, IDIQ contracts, cost reimbursement contract, time and materials contract)?

 

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