President Obama this week will propose legislation that would reduce payments for executive compensation tied to cost reimbursment contracts, Federal Procurement Policy Administrator Joe Jordan said in a May 30 blog post.
The U.S. Small Business Administration's Historically Underutilized Business Zone (HUBZone) Program helps small businesses gain preferential access to federal procurement opportunities. The shaded area on the map below is the Leesburg HUBZone - the only HUBZone in Loudoun County.
To qualify for the HUBZone program, a business must meet the following criteria:
Benefits of the HUBZone Program include:
Is your company eligible for HUBZone? Contact us for assistance.
DoD, GSA, and NASA are proposing to amend the Federal Acquisition Regulation (FAR) to implement a uniform Procurement Instrument Identification (PIID) numbering system, which will require the use of Activity Address Codes (AACs) as the unique identifier for contracting offices and other offices, in order to standardize procurement transactions across the Federal Government. This proposed rule continues and strengthens efforts at standardization accomplished under a previous FAR case. Reference Article.
ASHBURN, VA — As the festivities come to a close, small business leaders return home to put what they have learned into practice. From June 17th to the 21st, small business employees and entrepreneurs traveled from across the country to participate in the 50th anniversary of National Small Business Week.
National Small Business Week is a major event held annually for all existing and potential (future) small businesses, as the Small Business Administration (SBA) dedicates an entire week to celebrating and educating small businesses and their entrepreneurs.
Throughout the week, small businesses had the opportunity to learn from seminars, gain advice from successful entrepreneurs and business leaders, attend informational workshops, and were given the chance to participate in hands-on experience led by experts in the field. The Small Business Administration (SBA) conducts this week-long culmination of events every year with the goal of educating people on the importance of small businesses, as well as assisting these businesses (present and future) to be successful.
For a promising end to the celebration, the U.S. Small Business Administration announced on Friday June 21, that the National Prime Contractor of the Year and National Subcontractor of the Year were awarded to a service-disabled veteran-owned small business contractor and to a woman-owned mapping technology company, (source: www.sba.gov).
“When federal contracts get into the hands of small businesses, it is a win-win for the federal government, small businesses, the economy and the job market,” said SBA Administrator Karen Mills. “The federal government awarded nearly $100 billion in federal contracts to small business like the ones being honored today. These businesses and the industry leaders who contract with small businesses help boost the nation’s economy and they are stellar models of how to successfully navigate the federal contracting arena.”
The main events were held in Seattle, Washington (June 17th); Dallas/Fort Worth, Texas (June 18th); St. Louis, Missouri (June 19th); Pittsburgh, Pennsylvania (June 20th); and Washington, D.C. (June 21st). With the exception of St. Louis, all of these events were sold out. Small business gathered their forces and came together to help educate each other in hopes of learning and growing for the future. People who could not attend the events could access a live stream, as well as media/news articles and coverage, on the SBA official website. More information about the events, awards, and news throughout National Small Business Week, can be found at http://www.sba.gov/nsbw/.
25 June 2013 -- Written By: Christine Ray