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SerenaB

@RetVet99

I position businesses to enter the federal government contracting market. Co-founder @Serellium w/ @LillyBertz.

Washington, DC Katılım Temmuz 2022
414 Takip Edilen737 Takipçiler
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SerenaB
SerenaB@RetVet99·
I’ve had issues with this message. Not because of the trend – I love the trend. But because it’s so clear that an expansive market remains untapped. The federal government buys these services in exorbitant quantities. 99% of businesses will never engage w/ govt contracts. Breaking it down here. Time to drive stronger businesses to the federal contracting market.
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SerenaB
SerenaB@RetVet99·
Agree and critical to this effort is mapping out where supply is insufficient for accelerating demand at highest levels, and deconstructing those bottlenecks. We see lots of pockets of the federal market where there are gaps in market participation. Shipbuilding is a great example but there are a range of others.
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Anhthu Nguyen
Anhthu Nguyen@MissAnhthu·
The companies that will accelerate the industrial base are stable businesses and also startups innovating old world processes that don't make sense anymore. You can make deals with large manufacturers and defense primes but they will still be bottlenecked by the suppliers they depend on. To support the full value chain, you will need a team of venture capital, private credit and investment bankers together. Private credit in addition to investment bankers because they are good at saying no and they are patient capital. VC brings the conviction to invest early, before these companies are legible to traditional finance. Investment bankers alone will miss the early Andurils and Hadrians.
Pirate Wires@PirateWires

NEW: The Department of War is recruiting an elite strike force of Wall Street financiers to create an “Economic Warfare Unit,” which some have dubbed “Deal Team Six.” Their mission: find companies to solve the Pentagon’s supply problems and get them the capital to do it. After the Pentagon’s recruiting deck leaked last week, the NYT warned that “Deal Team Six” could lead to corruption, noting that salaries may reach up to $600,000 — comparable with Wall Street compensation. But as Ryan Hassan (@eventidia) explains, this elite crew of “deal guys” could be exactly what America needs... especially during a time of war. For decades, the military has sourced weapons from a handful of contractors that weren’t incentivized to compete, leading to rising costs and stagnating lethality. Now, we’re hiring folks who are professionals at spending… to actually spend taxpayer money well. Yes, we’re paying them like bankers, and yes that’s the point. Full story 👇

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Jasper Vanu | Founder's GTM 🦊
@RetVet99 the procurement complexity is the real blocker. 36 entry points sounds good until you realise founders haven't heard of SBIR, let alone OTA contracts
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SerenaB
SerenaB@RetVet99·
@AlanPetersonSBA Painting is an interesting one. Lots of opp in federal contracts for painting, drywall, minor construction projects, etc -- both prime and sub opportunities. Seeing lots of smaller firms get tapped by large and small Primes to execute at local level.
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Alan Peterson SBA
Alan Peterson SBA@AlanPetersonSBA·
Electrical acquisitions are continuing to pick up in the skilled trades space. HVAC and plumbing remain strong, but electrical and even painting businesses are showing up more on my desk. What industries are you watching closest right now?
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SerenaB
SerenaB@RetVet99·
Every business interested in federal contracts should know how the government determines whether you qualify for small business set-aside contracts. The SBA's size standards are based on industry, and they set the largest size a business can be to compete for contracts reserved for small businesses. These size standards are either the max # of employees or the average annual receipts over the past 5 years. The size standards surprise many businesses new to federal contracts: some can be $45M a year; others up to 1500 employees. Anyone can access this tool. You'll need to know your NAICS codes and your annual average income.
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SerenaB
SerenaB@RetVet99·
Hadrian won an Army contract today for $80M for advanced automation manufacturing over the next year.
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Justin
Justin@thecruice·
@RetVet99 Let me wait until the CPARs comes back for this current one lol.
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Justin
Justin@thecruice·
Serena’s content is awesome. But word to the wise - you’re going to get your teeth absolutely knocked in the first project you have with NAVFAC/ACOE. If you’re bidding this work: whatever you think your project specific overhead cost is - double it, what ever you think your productivity is, assume you’ll only hit 75% of that.
SerenaB@RetVet99

Anduril’s $20B award last Friday was cool. Equally interesting though was the 4, $250M awards to 20 small construction firms (12 JVs) Friday. They’ll provide architect and engineering services to plan and design facilities and infrastructure for Army construction projects across all regions of the country. There is incredible opportunity for the trades businesses of America to shake up the federal market.

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SerenaB
SerenaB@RetVet99·
A company in North Dakota won a $63M max-value federal contract today for paving projects at Grand Forks Air Force Base. This company will perform paving maintenance, repair, and design projects ranging from $2,000 to $4.5M over the next 5 yrs. Govt received 4 offers.
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SerenaB
SerenaB@RetVet99·
Anduril’s $20B award last Friday was cool. Equally interesting though was the 4, $250M awards to 20 small construction firms (12 JVs) Friday. They’ll provide architect and engineering services to plan and design facilities and infrastructure for Army construction projects across all regions of the country. There is incredible opportunity for the trades businesses of America to shake up the federal market.
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SerenaB
SerenaB@RetVet99·
Good: founders focused on building defense tech. Heads down, obsessive about the best possible capability Better: founder equally obsessive about marketing to defense sector - killer capability statement and govt facing pitch deck - compelling govt solutions webpage - mtg with 20 identified teaming partners per month - outreach to targeted 20 contracting officers a month - participating in 1-2 industry days a month - bulletproof capture system - library of foundational content to support RFx responses - intel on the exact paths of competitors
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SerenaB
SerenaB@RetVet99·
I’m seeing more and more founders in defense tech fail to explain their tech so that it’s easily understood by a GS-11 contracting officer. If your next door neighbor can’t understand it, the messaging is off.
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SerenaB
SerenaB@RetVet99·
Anduril landed a $20B contract today with the Army. $20B. Work will include “consolidating current and future commercial solutions—including the proprietary, open-architecture, AI-enabled Lattice suite, integrated hardware, data, computer infrastructure, and technical support services—into a unified, mission-ready capability supporting the Army’s evolving operational and business needs.”
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Parker
Parker@Parker_dubya·
@RetVet99 Which certifications were required for the contract?
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SerenaB
SerenaB@RetVet99·
Today a small business in Colorado won a $31 million federal contract for the manufacture and delivery of gasket-sealed metal containers. Govt received 4 bids.
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