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    Posts tagged "Small business goals"
    Congresswoman Hahn Requests Federal Investigation Into Small Business Contracting Fraud
    Apr 9, 2015

    PETALUMA, Calif., April 8, 2015 /PRNewswire-USNewswire/ -- As a member of the House Small Business Committee, Congresswoman Janice Hahn from California's 44th District has proposed an amendment that would request a new Government Accountability Office (GAO) investigation into the diversion of billions of dollars in federal small business contracts unfairly awarded to Fortune 500 companies.
    Congresswoman Hahn's decision to request the new GAO investigation was based on research by the American Small Business League (ASBL). Hahn expressed concern about the government's claim that 23% of all federal contracts were actually being awarded to small businesses when that number included billions of dollars to Fortune 500 firms such as Apple, Chevron, Disney, Verizon and Bank of America.
    The last GAO investigation into the diversion of federal small business contracts to corporate giants was in 2002 and was prompted by information provided by ASBL President and founder Lloyd Chapman. That investigation found over 5,300 large businesses were receiving federal small business contracts. Chapman was invited to testify before the House Small Business Committee after the results of the GAO investigation were released. Read full article.

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    Tags: Small business Sba Small business goals Government contracting

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    Small companies to take on bigger contracts under SBA proposed rule
    Jan 21, 2015

    A new rule proposed by the Small Business Administration could help small companies team up to go after larger government contracts.
    "Projects in the federal procurement arena have gotten larger, more complex, and it's become more difficult for individual small businesses to pursue these types of projects," John Shoraka, associate administrator of government contracting and business at SBA, said on theFederal Drive with Tom Temin Tuesday.
    SBA issued the proposed rule on Dec. 29, nearly a year after Congress passed the fiscal 2013 Defense Authorization bill changing certain provisions in the Small Business Act.
    John Shoraka, associate administrator of government contracting and business development, SBA
    "Generally, if a contract is set aside for small businesses, the business that wins has to do 51 percent of the project. Unfortunately, the small business can't do all of that 51 percent, and so it then prohibits the small business from participating. What this allows is that if your subcontractors are similarly situated — in other words, if they're also a small business — together you can count against that 51 percent," Shoraka said. Read Full Article.

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    Tags: Sba Small business goals
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    Obama Administration Achieves 2013 Small Business Federal Procurement Contracting Goal
    Aug 5, 2014

    WASHINGTON – The U.S. Small Business Administration today announced the federal government reached its small business federal contracting goal for the first time in eight years, awarding 23.39 percent in federal contracts to small businesses totaling $83.1 billion of eligible contracting dollars. SBA Administrator Maria Contreras-Sweet made the announcement at a press conference held at the National Aeronautics and Space Administration’s (NASA) Goddard Space Flight Center with NASA Administrator Charles Bolden and U.S. Senator Ben Cardin,
    D-Md.

    “When we hit our small business procurement target, it’s a win. Small businesses get the revenue they need to grow and create jobs, and the federal government gets the chance to work with some of the most responsive, innovative and nimble companies in the U.S. while the economy grows,” said SBA Administrator Maria Contreras-Sweet. “Thanks to the President’s leadership and a team effort among all federal agencies, we were able to meet this goal.”

    Performance in four out of five of the small business prime contracting categories showed significant improvement, with increases in performance against statutory goals. While contract dollars have gone down in all categories as a result of overall reduced federal spending, small businesses still secured a greater percentage of the contracting dollars. The SBA has worked with federal agencies to expand opportunities for small businesses to compete for and win federal contracts.

    “This is big news for our region especially,” remarked SBA mid-Atlantic Regional Administrator Natalia Olson-Urtecho. “We have a large concentration of government contracting opportunities in the DC corridor, and that wealth spreads outward and benefits citizens and businesses throughout the country.”

    Alongside the announcement, the SBA released the FY 2013 Small Business Procurement Scorecard, which provides an assessment of each federal agency’s yearly small business contracting achievement against its goal with 20 agencies receiving an A or A+. Overall, the federal government received an “A” on the government-wide Scorecard.

    The individual agency scorecards released today by the SBA, as well as a detailed explanation of the scorecard methodology, is available online at http://go.usa.gov/Nxxd. Reference Article.

    Posted in In the News
    Tags: Sba Small business goals Obama administration
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