Decades of federal government contract spending habits have proven to be a direct cause of the dramatic increase in awarded contracts as the September 30 fiscal year-end approaches. Even with a reduced budget, the “use it or lose it” mentality is a driving force in government purchasing at this time of the year, whether it is for a $100 credit card purchase or a $10 billion contract. Although not all agencies award their contracts in this way, a large... Read More
Tag Archives: Federal Government
SBA Announces Increase of Small Business Size Standards
Effective August 17, 2019, small businesses in 532 industries providing services to the federal government will see an increase in the dollar amount of annual revenues used to determine if the business is considered small or “other than small” by the Small Business Administration (SBA). For example, the size standard for Electrical Contractors (238210) will... Read More
Mid-America Aerospace and Defense: Business Beyond the Beltway
People working in the Aerospace and Defense industry in the Washington D.C. area, specifically focused on U.S. Federal Government contracting, often take the resources, community, and proximity to ‘the action’ for granted. This past week I had the opportunity to take part in the Mid-America Aerospace and Defense Summit, the first and largest concentration of Aerospace and Defense-focused... Read More
GSA Awards $43M Contract to Replace DUNS with SAMMI
The U.S. General Services Administration (GSA) recently announced the award of a $41.8 million-dollar five-year contract to Ernst and Young LLP (EY) that will replace the decades-long contract held by Dun & Bradstreet to provide entity validation services, currently known as the Data Universal Number System (DUNS®.) This move will affect every federal agency and... Read More