2008 Annual Report

Page 31

PROCUREMENT TECHNICAL ASSISTANCE CENTERS (PTAC) Helping Utah companies secure military and government contracts. PTAC provides assistance to small and mid-sized Utah companies in obtaining government contracts—be they federal, state, or local. Results for FY 2007 indicate that PTAC helped Utah small businesses obtain more than $243M in contracts creating / retaining 4860 jobs—at $50,000/job. The return on investment is significant, since the average cost of each new or retained job is only $300 to $400 per job. PTAC’s budget of $700K is provided by matching funds from the Department of Defense and the State of Utah. There is no more efficient use of funding, as applied to job creation, than the work of PTAC’s efforts for the Governor’s Office of Economic Development (GOED.)

An A-10 Thunderbolt II (Wart-Hog), close in, ground support jet figher.

PTAC Counselors provide one-on-one and group instruction that helps clients identify contracting opportunities, which can create growth of market share and revenues, for them. The government is an excellent customer because it generally purchases in large quantities and pays its bills on time. PTAC is an important part of the GOED with nine offices throughout the state, from Ogden to St. George. There are specific keys available from your PTAC office as follows: • Bid match software to find bid opportunities • One-on-one counseling • Workshops and Conferences • Registration Assistance (Duns, CCR, ORCA) • Networking facilitation • Contracting Partnerships - Prime / Sub - Mentor / Protégé - Teaming Agreements - 8(a) / Hub Zone Opportunities • Bid Proposals (response to an RFP) • Product Specifications / Standards • Procurement Histories / Pricing Data • GSA Assistance

Governor’s Office of Economic Development • Annual Report 2008

31


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
2008 Annual Report by Utah Governor's Office of Economic Opportunity - Issuu