Introduction to AI in Government Contracting: Lesson 1/16
Module 1, Lesson 1: Automating Contract Discovery on SAM.gov
Are you overwhelmed by the sheer volume of contracts on SAM.gov? This lesson will teach you how to leverage AI tools to streamline your search process and focus on high-value opportunities, helping you save time and increase your contract wins.
Learning Objectives: By the end of this lesson, you will:
- Understand the common challenges of manually searching for contracts on SAM.gov.
- Learn how AI tools can automate search and filtering processes to find relevant contracts more efficiently.
- Practice using AI to quickly identify the most valuable contract opportunities.
Key Topics Covered:
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Introduction to Contract Discovery on SAM.gov
SAM.gov is the primary platform for U.S. government contract opportunities, but it’s easy to miss out on valuable contracts due to the high volume of listings, the need for precise keywords, and strict deadlines. This lesson outlines these challenges and explains how AI can address them. -
How AI Tools Help
Discover how AI can scan thousands of contracts for relevant keywords, rank them based on factors like past performance and agency relationships, and save you valuable time by automating the contract discovery process. -
AI Tools for Contract Discovery
- GovWin IQ: A powerful AI-driven tool that integrates with SAM.gov, helping businesses filter and prioritize contracts based on historical performance and industry-specific data.
- ChatGPT: An AI tool that can analyze contract descriptions, summarize key points, and assist in determining contract alignment with your business strategy.
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Step-by-Step Guide to AI-Enhanced Contract Discovery
- Set up basic filters using keywords, NAICS codes, and agency preferences on SAM.gov.
- Use AI tools like GovWin IQ for enhanced contract search and ChatGPT to analyze contract descriptions.
- Automate search alerts to receive real-time updates on new opportunities.
Hands-On Activity:
- Perform a manual contract search on SAM.gov and compare it to an AI-enhanced search.
- Reflect on the time saved and identify contracts that might have been missed without AI tools.
Case Study: BlueTech Inc.
Learn how BlueTech Inc. integrated GovWin IQ into their contract discovery process, reducing search time by 50% and increasing contract wins by 20%.
Conclusion:
AI tools can revolutionize contract discovery on SAM.gov by streamlining the process, helping you focus on high-value opportunities, and increasing your contracting success.
Success Metrics:
- Reduce your manual search time by 30%.
- Identify at least one high-potential contract that might have been missed without AI.