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...
Tag: procurement data system
Woman-Owned Small Business Contractors Continue to Thrive in Spite of Recent Sequester
Woman-owned small businesses in the 2013 fiscal year have been pulling in contract after contract due to small business set-aside initiative. The Federal Acquisition Regulations (which contains over 2,200 pages of government rules) states very clearly that 23% of all...
GovernmentContractingTips.com Interviews Lloyd Chapman, President of the American Small Business League
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?
Historically Underutilized Business Zone for Information Technology GWACs
Historically Underutilized Business Zone (HUBZone) firms now have available for Information Technology GWACs. These contracts enable federal agencies to fulfill their information technology (IT) requirements through the utilization of small businesses that are located in HUBZones. Agencies have a statutory goal...
OASIS Small Business (SB) Program
OASIS and OASIS Small Business (SB) are multiple award, Indefinite Delivery Indefinite Quantity (IDIQ) contracts that provide flexible and innovative solutions for complex professional services. These contracts: Span many areas of expertise and mission spaces; Span multiple professional service disciplines;...
First Steps to Government Contracting
For some time now contractors have had to constantly search throughout the internet to track down information on government contracting. This would require most businesses to jump from source to source to find exactly what they are looking for. Well now...
Small Business Opportunities Arise Under Simplified Acquisition Threshold
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...