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What is a government bid?
A government bid is a public agency's formal request for businesses to propose a price and approach for work it intends to buy — construction, services, equipment or supplies. Agencies are generally required to publish these openly and award by documented criteria, which is what makes the opportunities findable in the first place.
What does SLED mean in government contracting?
SLED stands for State, Local and Education — the non-federal side of public buying, covering state agencies, counties, cities, school districts, universities and special districts. SLED is far more fragmented than federal contracting: each of the tens of thousands of agencies publishes on its own portal and its own schedule, which is why opportunities there are so easily missed.
What is a NAICS code?
A NAICS code is a six-digit number classifying what a business does — 238210 is electrical contractors, 541511 is custom software. Agencies tag solicitations with the NAICS code of the work being bought, so filtering by your own code is the fastest way to see only contracts you are registered to perform.
What is the difference between an RFP, an RFQ and an IFB?
An IFB (Invitation for Bid) awards on price alone against a fixed specification. An RFP (Request for Proposal) weighs approach, experience and price together. An RFQ (Request for Quote) asks for pricing on defined items, usually for smaller purchases. The label tells you what the agency will judge you on.
Source: SBA federal contracting guides