Randy Richter, president and founder of Richter and Company will discuss what contractors can do to grow their businesses in the government market. November 4, 2013
Even though government agencies are in shutdown mode, contractors are still moving ahead in making business decisions. Small businesses are likely to hurt more from the shutdown due to smaller cash reserves and slimmer margins.
Small businesses may be the big winners this month as agencies scramble to spend their budgets and meet their small business goals before the fiscal year ends on Sept. 30.
On this week's Capital Impact show, Bloomberg Government analysts will examine how agencies are doing in meeting their small business contracting goals. They will also take a look at the challenges facing federal officials who regulate the U.S. bus industry. September 5, 2013
With fewer government contracts coming down the pipeline, small and mid-sized contractors are feeling the pinch of sequestration. Should they diversify, cut staff or sit tight and hope that big contract is just around the corner? Federal News Radio examines these issues in part 6 of our special report, Private Side of Sequestration.
As the first elements of sequestration's impact on the Defense industrial base begin to take shape, observers inside and outside the Pentagon worry about small businesses.
The SBA updated regulations governing how small businesses represent their size and status in order to guard against businesses falsely representing themselves as "small" to garner government contracts.
Nick Nayak, Kevin Boshears, and Peter Ko from the Department of Homeland Security will discuss how strategic sourcing has helped the agency achieve its small business goals. May 14, 2013
While federal agencies are dealing with furloughs and tightening budgets, industry is also beginning to feel its effects. Small businesses will likely be hardest hit, says John Grobe, whose business is already being impacted on the government contracts side.
Small firms already have taken a disproportionate hit from DoD's pullback in 2013 spending, Pentagon officials say. Military acquisition leaders worry the sudden cuts will bankrupt small businesses that provide one-of-a-kind capabilities.
Guy Timberlake, co-founder and chief visionary officer of the American Small Business Coalition, says the top priority for small-business contracting companies should be better leveraging the resources already at their disposal.
The Federal Acquisition Regulations Council's proposal would implement part of a July 2012 memo from the Office of Management and Budget. The memo directed agencies to take specific steps to ensure accelerated payments to small businesses.
A new memo from acting OMB Director Jeff Zients to agency leaders codifies an interagency council to oversee the promotion and implementation of bulk buying. Each agency also must name a senior official to oversee their efforts.
Federal agencies already have had a hard time meeting their goal to award 3 percent of contract dollars to small businesses located in Historically Underutilized Business Zones (HUBZone). But the 2010 Census wiped out more than 30 percent of the HUBZone companies certified by the Small Business Administration — leaving agencies searching for new firms and decertified firms trying to figure out what's next.
The federal government as a whole has consistently missed its goal to award 23 percent of its contract dollars to small businesses. But the government also has examples of agencies bucking that trend. In part two of our special report, The Small Business Dilemma, Federal News Radio speaks with several agencies' about how they're succeeding in the small business contracting arena.