Lawmakers and small business contractors are wondering why the Small Business Administration has not implemented the procurement reforms that President Obama signed into law 18 months ago.
President Obama announced Friday that he will renew the QuickPay initative, requiring federal agencies to expedite payments to small business contractors. He also will launch SupplierPay, bringing together 26 large and small companies. SupplierPay builds on the success of QuickPay, and requires committed companies to pay small suppliers faster. It also asks them to support those suppliers’ access to low-cost capital.
The Small Business Administration adjusted its monetary size standards for inflation, allowing nearly 9,000 additional small businesses to qualify for loans and financial assistance.
Ed Swallow, vice president, Business Development, Federal and Defense Technologies at Northrop Grumman, provide tips on what your company can do to increase its chances of winning government contracts. June 2, 2014
GSA announces the winners under the new multiple-award contract for complex professional services. GSA made 225 awards to 74 contractors across the seven functional areas of the One Acquisition Solution for Integrated Services contract.
The federal government celebrates Small Business Week with great fanfare. Thursday and Friday, there will be panels, speeches and award ceremonies. But on a day-to-day basis, agencies have had mixed success in helping entrepreneurs. Bill Shear, director of Financial Markets and Community Investment Issues at the Government Accountability Office, has written many reports about ways to improve federal services for small businesses. He told Federal Drive hosts Tom Temin and Emily Kopp some of the challenges to helping small businesses.
Stan Krejci of the SK Group discusses whether your company needs a board of advisers, and if so, how you should assemble one. May 12, 2014
Ed Swallow, vice president, Business Development, Federal and Defense Technologies at Northrop Grumman, provide tips on what your company can do to increase its chances of winning government contracts. May 5, 2014
All signs are pointing to the fact that despite the government spending less overall on acquisition last year, agencies met the statutory goal of awarding at least 23 percent of all prime contracts to small businesses. Experts say contract consolidation and bundling will negatively impact small firms in the coming years.
Stan Krejci of the SK Group discusses whether your company needs a board of advisers, and if so, how you should assemble one. April 7, 2014