Utah’s PTAC Helps Firms Land Defense ContractsJul 06, 2008 13:00 UTC
Government contracting is a difficult field for businesses to enter. This is especially true if they lack the prior experience that can help them find and filter potential contracts, understand the cycle times and effort involved, secure the cash flow required as table stakes, and bid successfully. Within that arena of public sector contracting, defense is its own field, with its own characteristics and sets of relationships.
These obstacles have traditionally made it difficult for small and medium sized businesses that focus on the civilian sector to become involved in defense contracts. This is so despite federal targets for small business contracts, programs for service-disabled veterans, and other inducements. Those programs create opportunities, but don’t offer the services that help businesses bridge the gap.
The US Defense Logistics Agency’s Procurement Technical Assistance Center (PTAC) program relies on matching state funds, but states who invest in it can create a useful resource that helps bridge the gap in their states. One state that has invested in PTAC is Utah, under Gov. John Huntsman…