BidPrime Quarterly Edition: 19, 2020 - Q4
Many Signs Point to a Better Year Ahead: BidPrime's Forecast for Promising Opportunities for Business in 2021
In BidPrime's ongoing Webinar Series, Stephen Hetzel, Chief Operating Officer, and Jim Ward, from the New Business Development team, recently presented a webinar that included an overview of what's ahead for government purchasing in 2021. Here is an overview of their presentation:
Your business can expect government investment to spur a recovery in 2021. BidPrime’s forecast for the year ahead provides numerous indications that 2021 should turn out to be a much better year than 2020.
One big reason 2021 holds promise is the successful rollout of vaccines that—fingers crossed—will halt the COVID-19 pandemic and return life to something approaching normal.
A second big reason for optimism is the newly enacted $900-billion COVID relief package that will help government agencies far and wide purchase the goods, services, and solutions they’ve held off on since the coronavirus crisis emerged last spring.
Unquestionably, 2020 provided a variety of challenges in a lot of different ways for practically everyone in North America, but especially for vendors reliant on contracts with federal, state, provincial, and/or local governments. Owing to the COVID-19 pandemic and the lockdowns it inspired, innumerable governments delayed, shelved, or altogether abandoned their 2020 procurement plans.
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Trending
Here's What We Know About Biden's Massive Stimulus Plan Coming This Week
President-elect Joe Biden is expected to unveil a multi-trillion-dollar stimulus plan this week. Here’s what we know so far. READ MORE
SBA Re-Opens PPP to Community Financial Institutions First
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, re-opened the Paycheck Protection Program (PPP) loan portal today (January 11th) at 9 am ET. READ MORE
Home office expenses: Tax and FAR implications for government contractors
Amid the challenges of the COVID-19 pandemic, government contractors have had to quickly figure out how to continue working for clients where they were usually on-site full-time, but are now totally locked out or only allowed on a rotating basis. READ MORE
Solicitation Ambiquities: Speak Now, or Forever Hold Your Peace
When a federal solicitation is vague, ambiguous or internally contradictory, it is common for offerors to hold their tongues. Instead of challenging the solicitation’s defects before proposals are due, many offerors decide to submit proposals and "see how it plays out." READ MORE
State CIO's 2021 priorities reflect needs of the pandemic
The ongoing COVID-19 health crisis that upended 2020 weighed heavily on the agendas that state chief information officers will pursue in 2021, according to the list of priorities released Wednesday by the National Association of State Chief Information Officers. While cybersecurity again leads ... READ MORE
The Treasury Department is Delivering COVID-19 Relief for All Americans
The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 provide fast and direct economic assistance for American workers, families, and small businesses, ... READ MORE
Trump Signs $900 Billion Pandemic Aid Package Into Law
President Trump on Sunday night signed the latest Covid-19 relief bill into law, unleashing hundreds of billions in aid for individuals and small businesses. READ MORE
Could a Supercomputer Help Fix L.A.'s Traffic Problems?
The Department of Energy's Argonne National Laboratory is leading a project to examine traffic data sets from across the Los Angeles region to develop new strategies to reduce traffic congestion. READ MORE
Industry Analysis
They're back! While socially distancing this time around, Stephen Hetzel, BidPrime's COO, and Bill Culhane, VP of Operations, collaborate on a look back at what governments purchased in a year of global pandemic, changing government priorities and budgets, and businesses adjusting to a year like no other.
Stephen and Bill wrap up the video with a look ahead to 2021. With the expected continued investment by federal, state and local governments, what are the opportunities for business over the next twelve months and beyond?
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What is being done to remove the danger and inconvenience of snow and ice on roads and highways? While the temperatures continue to plummet, requests for snow and ice removal services rise. Working around budget constraints, some related to the COVID-19 pandemic, transportation departments are working to support and continue this vital service.
Particularly those who live in areas prone to snow and ice, understand that wintery conditions result in driving being quite dangerous and unpredictable. Even the most experienced driver will find that ice covered roads are difficult to navigate. Unfortunately, the hazards of driving in snow and ice can often result in delays and accidents. Sometimes those accidents can be serious and deadly.
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Update on Lawsuit
Press release: In MN Lawsuit, Ramsey County Agrees to Stop Withholding Bid Docs; Case Against Gov't Contractor DemandStar Continues
Press release distributed by EIN Presswire.
AUSTIN, TX, UNITED STATES, November 11, 2020 /EINPresswire.com/ -- BidPrime Inc. today announced that Ramsey County, Minnesota, has agreed to a stipulated injunction, bringing to an end the Texas-based company’s legal action against the county for alleged intentional violations of a Minnesota law that grants prospective vendors access to government-issued proposal requests and supporting documentation.
However, BidPrime said it is continuing its lawsuit against Ramsey County’s co-defendant, Seattle-based DemandStar Corp.
In that remaining matter, BidPrime is claiming breach of contract and is seeking $50,000 in damages from the county’s document custodian, DemandStar, for denying BidPrime access to materials its clients needed to help them prepare bids, according to court records.
The stipulated injunction between BidPrime and Ramsey County was entered into on Oct. 29, 2020. Per the terms of this settlement, BidPrime is entitled to receive "in a prompt and appropriate manner" as required by Minnesota law the bid-opportunity documents the company requests, court papers indicated.
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Maximize BidPrime
Have you ever had this situation? You receive a matched bid result. It looks like it might be a good match for you. You click on it and it leads you to a website that requires you to register or pay to view. We heard this all of the time from customers early on, so we created a feature to eliminate this frustrating and expensive experience.
BidPrime's 'Docs on Demand' helps you and your business save time and money each day, while reducing your stress level.
BidPrime captures over 5,000 newly released bids every single day from over 100,000 agencies in the US and Canada. Many of these bids contain direct access to bid documents and BidPrime provides you access to these documents, with ease, in just 1-click from your emailed bid alert or BidPrime inbox. For the others, that are not already available, all you need to do is click a button from your emailed bid alert and we will research and send an email directly to you with the bid document(s) included. READ MORE
BidPrime Spotlight
As each of us embark on the year ahead, we hope that you and yours have a safe, happy, successful 2021. We stand ready to continue helping you to maximize the value of your BidPrime subscription and win government contracts.
In the coming months, we will be unveiling a number of exciting additions to the features and benefits of our solution. Stay tuned for news and details!
Here, in the lead-up to the holidays, a few of our team members got together to pass along their best wishes in the below video. In a sign of the times, rather than our usual, always fun, in person video, our folks conributed virtually to this version of our annual video. Very important note: Listen to the end for Buddy's special greeting! WATCH
The Big Bid Theory
Changing government purchasing & mankind one edition of #CrazyBids at a time. Special guests discussing special topics. All of that and more. A lot more!
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Stephen Hetzel, the COO at BidPrime, helped us close down season 6 of TBBT. In this episode, Hetzel looks at the industries most impacted by the COVID-19 pandemic in 2020. He also shared his insights into what's ahead in 2021 and how we’re going to get out of this.
He provided an interesting comparison of the 2009 recovery and looked at some of the industries that are due for a turnaround and growth in 2021 as government investment spurs the recovery.
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Across the United States, there are many ‘smart city’ projects already completed with a multitude ahead in the multi $billion industry. Elaina Farnsworth, CEO, The NEXT Education, an expert on all things transportation, visited the show to share her insights on what’s happening in the exciting worlds of smart city tech, Intelligent Transportation Systems (ITS) and a myriad of other related topics.
Looking for opportunity? Elaina explains why, “making sure that the best technologies are married with the best people” makes sense. Hear how that happens.
To discuss opportunity in your industry, or to review the bids and bid documents, visit BidPrime or call 888.808.5356.
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