Use the Performance Assessment Rating System to get accurate ratings for subcontractors.
Introducing PARS, a performance rating tool that helps you predict the success of small businesses and subcontractors BEFORE you contract with them.
PARS helps large organizations, government agencies, and specifically prime government contractors quantify the performance of the small enterprises, subcontractors, freelancers, and teaming partners with whom they conduct business.
For prime government contractors, PARS is a way to help your in-house team to recruit the right companies to fulfill agency-mandated small business subcontracting goals.
PARS provides an automated mathematical framework by which to use a company's past performance, its current performance, and its resources as predictors of future performance.
The PARS Score is to government contractors and agencies what the credit score is to lenders.
PARS™ (Performance Assessment Rating System) is our proprietary scoring tool that uses a “mock” environment and predictive metrics to rate the performance of small, minority-owned, women-owned, and veteran-owned businesses.
For prime contractors, agencies, and organizations, the process is as simple as directing potential subcontractors and teaming partners to ccomplete the PARS Survey. The answers are used as evaluation factors to assess the past performance and predict the future capabilities of small businesses.
PARS scores small businesses in three core areas:
1. Technical capability - How well companies do what they do
2. Teaming suitability - The value they offer
3. Government suitability - How well equipped they are for government contracts
PARS is a tiering system that rates small business from Tier 1 to Tier 4 using a variety of key evaluation factors to help prime contractors determine the capabilities of potential teaming partners and subcontractors.
Each business analyzed and rated with PARS gets an Overall Performance rating, but you don't just get that one important number.
PARS generates a series of scores in more than a dozen different categories that primes, agencies, and organizations can analyze to determine which companies would make good teaming partners and which are best-suited for subcontracting work.
CONTRACTS AND GRANTS, LLC
For more than 20 years, Linda Chatmon and the Contracts and Grants, LLC team have offered procurement, staff augmentation, and business development services to organizations.
We are federal acquisitions experts, and have secured more than $12.2 billion in contracts and grants negotiations and awards. PARS provides us with the ability to match companies that are a good fit.
We focus on:
The Performance Assessment Rating System is monitored and managed by PayDirt Analytics, a strategic analytics company dedicated to helping companies find a path to success through data and computational understanding.
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ten@contractsandgrantsllc.com | Phone 678-916-0444