Capability Statement
Business TermsDefinition
A one-page document summarizing a company's competencies, certifications, and qualifications for contracting.
More Information
Capability statements are essential marketing tools for government and corporate contractors. They typically include company overview, core competencies, past performance, differentiators, certifications, NAICS/PSC codes, and contact information. A strong capability statement is tailored to the target buyer and highlights relevant experience.
Example
An MBE construction firm updates their capability statement before attending a supplier diversity matchmaking event.