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September 5, 20242 min readKevin Lam

Closing a $380K SLED Deal Before Budget Expiration

Account ExecutiveSLEDBudget CycleGovernmentTime Pressure

The Challenge

A state government agency had approved a $380K purchase of our identity security platform, but the procurement process was moving slowly. With the state fiscal year ending in 10 days, the funding would expire and the project would need to restart the following year with a new budget request — a process that could take 12 months.

The Approach

I escalated to our government contracts team and mapped every remaining step in the procurement process: technical review sign-off, legal review, contract execution, and purchase order issuance. Each step had a specific owner, and I obtained a commitment from each owner on their completion date.

When the legal review stalled on a liability clause, I called the agency's general counsel directly, walked through the clause, offered a pre-approved modification, and got sign-off in 30 minutes. When the purchasing officer was out sick for a day, I worked with their backup to keep the process moving. I treated the procurement like a project management exercise, personally tracking every dependency.

The Result

The purchase order was issued with 72 hours to spare before budget expiration. The $380K deal launched on time, and the agency became a case study in our SLED sales playbook. The experience taught me to start procurement management 60 days before fiscal year end, not 10.

Key Takeaway

In government sales, procurement management is as important as the sale itself. Understanding every step in the procurement chain, knowing every person involved, and personally removing bottlenecks is what separates deals that close from deals that slip into the next fiscal year.

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