Utah Companies Win Big in Government Contracting

Utah Governor's Office of Economic DevelopmentSALT LAKE CITY (Oct. 20, 2016)—The Utah Procurement and Technical Assistance Centers (PTAC), a program of the Governor’s Office of Economic Development (GOED), helped Utah companies win more than $38 million in government contracts in September.

PTAC closed the month with 36 individual government contracts for 12 Utah companies. More than 770 jobs were created or retained as a result of the contract awards.

“Winning a government contract can give small businesses a significant revenue boost,” said Val Hale, GOED executive director. “The PTAC team works hard year-round to help the state’s small businesses compete in the government contracting marketplace.”

PTAC offers services to help local companies win hundreds of millions in government contract money each year. For example, at the PTAC Vendor Fair held today in Provo, Utah businesses had the chance to meet face-to-face with large prime contractors as well as state and federal agencies.

“Navigating the world of government contracting can be intimidating for small businesses,” said Chuck Spence, Utah PTAC director. “Our event gave Utah companies the chance to meet large contractors and learn how to access new business opportunities.”

Provo Mayor John Curtis opened the event, which drew over 300 attendees. Participants networked with more than 50 exhibitors, including L-3 Communications, Goldman Sachs 10,000 Small Businesses, Hill Air Force Base and Utah Transit Authority.

Throughout the year, PTAC conducts workshops, seminars, one-on-one counseling and joint counseling with other economic development partners. Regional managers are located in seven PTAC offices across the state. For more information on upcoming events and regional PTAC locations, visit http://business.utah.gov/ptac/.

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About the Utah Governor’s Office of Economic Development (GOED) 
business.utah.gov

The Governor’s Office of Economic Development (GOED) charter is based on Gov. Gary R. Herbert’s commitment to statewide economic development. The state’s economic vision is that Utah will lead the nation as the best performing economy and be recognized as a premier global business environment and tourist destination. GOED provides extensive resources and support for business creation, growth and recruitment statewide, as well as programs to increase tourism and film production for the benefit of Utah residents. All administered programs are based upon strategic industry clusters to develop a diverse, sustainable economy. GOED accomplishes its mission through unprecedented partnerships. For more information please contact: Aimee Edwards, (801) 538-8811 or edwards@utah.gov.

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