YES, NATURAL DISASTERS WILL PROVIDE ACQUISITION OPPORTUNITIES – BUT EACH SITUATION IS DIFFERENT
When disasters like hurricanes Harvey and Irma hit, contractors and government agencies go into high gear to get critical supplies to where they’re needed. Whether its basics like water or generators, temporary housing, or even assisting in the processing of government aid forms, contractors are working side-by-side with federal agencies to help those in need. It’s not just fulfilling immediate needs in a crisis, either. Recovery from Harvey and Irma will take many years. Just remember how long it took New Orleans to recover from Katrina. This means that there should be opportunities for contractors that can provide the goods and services rebuilding communities need for some time. Each situation is different, though. Harvey survivors may need more housing-based assistance as thousands of homes are uninhabitable. Irma survivors may need help with infrastructure, like roads and waterways. Make sure your company does the necessary research to see where, and whether, the services and products you provide are a good fit for those recovering from disasters.