2010 Annual Report

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Procurement Technical Assistance Centers (PTAC)

OVERVIEW 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 2010 indicate that PTAC helped Utah small businesses obtain more than $500M (that’s 1/2 Billion Dollars) in contracts creating / retaining10, 000 jobs-at $50,000/job. The return on investment is significant, since the average cost of each new or retained job is less than $500 per job. PTAC’s budget of $740K 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.) 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 GOED with eight offices throughout the state, from Logan 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 Through “Outreach Events” • Contracting Partnerships - Prime / Sub - Mentor / Protégé - Teaming Agreements - 8(a) / Hub Zone Opportunities • Bid Proposals (response to an RFP) • Product Specifications / Standards Governor Gary R. Herbert’s • Procurement Histories / Pricing Data Introduction as Keynote Speaker • GSA Assistance for PTAC Symposium.

G o v e r n o r ’s O ff i c e o f E c o n o m i c D e v e l o p m e n t • A n n u a l R e p o r t 2 0 1 0 • w w w. b u s i n e s s . u t a h . g o v

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