Here’s the good news: it appears that significant parts of government contracts are reaching the hands of small business owners via its prime contractors. That’s the intention of the U.S. Navy, which offers five large contracts that are subcontracted into smaller awards, allowing more entrepreneurs to bid for work. Still, the process can use some... 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
SBA Expands Eligibility for WOSB Program
This month brings good news for Women-Owned Small Businesses (WOSBs): The U.S. Small Business Administration is offering new information designed to enhance opportunities for that segment of the federal contracting market. The data is from a new program that identifies a greater number of industries that are eligible industries for the WOSB Federal Contracting Program,... Read More
Has the Federal 8a Program Worked for Your Business?
Here’s a question for those of you who work in small businesses that are owned by a socially- and/or economically disadvantaged individual or individuals: Has your company ever looked into acquiring an 8(a) Business Development Certification? If so, you’ll want to read on, but be forewarned that you might not like what’s discussed herein. To... Read More