The Dynamic Small Business Search is a website that is primarily used by procurement officers to track down and locate qualified government contractors that meet federal small business acquisition needs. Thanks to the Small Business Act of 2008 every procurement...
Simplified Acquisition Threshold applies to purchases over $3,000 and under $150,000. If the purchases under $100,000 require less approval and less documentation involved in the purchase. On April 25, 2012, the Office of Management and Budget for the Executive Office...
he Small Business Administration announced recently that our government just missed their overall23% goal of small business contracting. The SBA claims that 22.5% was devoted to small business contracting, which was an increase from last year’s 21.54% in 2011. However, organizations like theAmerican Small Business League claim that these figures are fabricated, and millions of dollars are actually still illegally being awarded to large corporations. Fact or fiction?
According to the U.S. Department of Homeland Security (DHS) Acquisition Planning Forecast System (APFS) provides the DHS Forecast of Contract Opportunities in accordance with Public Law 100-656, Section 501. The Forecast data is for planning purposes and is not a...
The Taxpayer Identification Number (TIN) validation process in System for Award Management (SAM) with the IRS ensures that TIN information is correctly entered for the entity. This improves the accuracy of data for the agencies in processing payments to entities...
SAM = System for Award Management (replaced CCR & ORCA) sam.gov DUNS = Dun & Bradstreet (Business code/credit rating) CAGE = Commercial and Government Entity Code (SAM registration & CAGE are what the government uses to pay your business) NCAGE =NATO Commercial...
The federal government has set-aside 5 percent of federal contracting funds to the 8 (m) Woman-Owned Small Business program. In 2010, the federal government increased the number of set-asides from 3.5 percent to 5 percent in an effort to create...
On April 25, 2012, the Office of Management and Budget for the Executive Office of the President released a follow-up memorandum discussing the requirements in the Small Business Act. This release restated how agencies are required to set aside work...
