Category: Posts by Gloria

Goals Smashed: $162.9 Billion in Federal Contracts Awarded to Small Businesses

By Gloria Larkin There was recently big news out of the Nation’s Capital with the Small Business Administration’s announcement that the Biden-Harris Administration exceeded its small business contracting goal of 23% in fiscal 2022. When all was said and done, that number reached an all-time high of 26.5%. This historic level amounted to $162.9 billion... Read More

ESOPs Eligible for DOD Pilot Program

Is your company owned under an employee stock ownership plan? If so, you need to know what’s new from the Department of Defense ― a pilot program allowing contracting officers to award sole-source follow-on contracts to contractors owned 100% by an ESOP. Although sole-source awards already exist for certain small businesses, this program marks the... Read More