If you run a small business and you’re ready for some good financial news, just continue reading. Now that I have your attention, here it is: Federal agencies reached a new high water mark ― and made history in the process ― in fiscal 2021 in awarding total prime contract dollars to small businesses.... Read More
All posts by Gloria Larkin
What You Don’t Know Can Hurt You
MRAS: Marketing Research as a Service In a recent presentation to the federal contracting community, a contracting officer shared this challenge: The contracting office in which he works used to employ over 150 people. Today, 43 people remain, who are tasked with larger spending budget responsibilities and increased pressure to turn around acquisitions quicker, with... Read More
Inflationary Impacts on Contracting
Feds Addressing Inflationary Impacts, Possible Actions By Gloria Larkin Who remembers what the acronym WIN meant back in the 1970s? Those of you who recall that the letters stood for Whip Inflation Now, a grassroots effort that was supported by President Gerald Ford, can go straight to the trivia bonus round. While that effort was... Read More
SBA Revises Standards for Contracting, Loan Programs
There’s good news for small businesses that want to become further entrenched ― and those that simply want to gain entry ― in the government contracting fray as the COVID-19 pandemic moves toward the endemic phase: The U.S. Small Business Administration is updating its approach on size standards for companies to bid on government contracts.... Read More