Imagine that you are the owner of a small floor refinishing business that provides a specialty coating product for ceramic tile and marble floors. There is no other local flooring business that provides this service. Having recently received a patent on your product, you are ready to expand your business by competing for Navy contracts at the local base, which is located a few miles away. The service you want to sell is the specialty coating, the application of the coating, and a regular maintenance schedule. Your company consists of you, one office assistant, and two production employees. 

Note: You will be referencing this business throughout all five assignments for this course. Please use "First Name, Last Name, Inc." as the name of your company throughout these assignments.

Write a two to three (2-3) page paper in which you:

1. Develop your company's acquisition and planning strategy for obtaining a contract. 
2. Analyze the manner in which utilizing SmartPay or a similar program in electronic contracting will assist your company and the Navy. Provide a rationale for your response.
3. Use at least three (3) quality references Note: Wikipedia and other related websites do not qualify as academic resources. 

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

• Describe the nature of government contracting, including authority, responsibilities, and legal considerations.
• Explain the government acquisition process using sealed bidding, negotiations, and alternative contracting methods.
• Use technology and information resources to research issues in federal acquisition and contract management.
• Write clearly and concisely about federal acquisition and contract management using proper writing mechanics.