Module 1 🕑 25 min

Welcome to Government Contracting

What GovCon is, how big it is, and why it's one of the most stable career and business paths in the economy

The U.S. federal government spends over $700 billion every year buying goods and services from outside companies — everything from janitorial supplies and IT systems to fighter jets and medical research. This is called Government Contracting, or 'GovCon.' On top of that, state and local governments award hundreds of billions more. This industry never fully disappears in a recession, pays well, and has clear, learnable rules — which is exactly why it's such a good target for a career or a business.

Two doors into GovCon

This course trains you for both doors. Some modules are federal-employee focused, some are business/contractor focused, and most apply to both.

The key players you'll deal with

PlayerRole
Contracting Officer (CO/KO)The only government person with legal authority to sign, modify, or terminate a contract.
Contracting Officer's Representative (COR)Monitors day-to-day contractor performance on behalf of the CO.
Program/Project Manager (Government side)Owns the mission need the contract is fulfilling.
Prime ContractorThe company that holds the contract directly with the government.
SubcontractorA company that performs work under a prime contractor's contract.
Small Business Specialist / OSDBUGovernment office that helps small businesses find opportunities.

NOTE — Why this matters

Every rule in GovCon exists to keep spending fair, competitive, and accountable to taxpayers. Once you understand that principle, most of the confusing rules (FAR clauses, set-asides, protest rights) start to make sense — they're all guardrails against favoritism and waste.

The rulebook: FAR

The Federal Acquisition Regulation (FAR) is the master rulebook for how the federal government buys things. Agencies also have their own supplements (e.g., DFARS for Defense, GSAR for GSA). You do not need to memorize the FAR — you need to know it exists, know how to look up a clause when a solicitation references it, and know the handful of core concepts covered in this course.

Knowledge Check

📄 Worksheet — Apply What You Learned

Contract Types & How the Government Buys →