The sour economy is affecting all of us. The stock market has been in a funk for a year, inflation is rampant, and the COVID-19 pandemic has left the supply chain in sputtering disarray. Then consider China’s pandemic lockdown, Russia’s invasion of Ukraine and the Federal Reserve’s plan to tightening the proverbial money belt and... Read More
Category: Articles
Small Business Awards Scale Greatest Heights in ‘21
If you run a small business and you’re ready for some good financial news, just continue reading. Now that I have your attention, here it is: Federal agencies reached a new high water mark ― and made history in the process ― in fiscal 2021 in awarding total prime contract dollars to small businesses.... Read More
Inflationary Impacts on Contracting
Feds Addressing Inflationary Impacts, Possible Actions By Gloria Larkin Who remembers what the acronym WIN meant back in the 1970s? Those of you who recall that the letters stood for Whip Inflation Now, a grassroots effort that was supported by President Gerald Ford, can go straight to the trivia bonus round. While that effort was... Read More
New NAICS Codes 2022: What you need to know
New NAICS Codes 2022: What you need to know By: Kiyon Brandford Did you know that every 5 years NAICS codes undergo a review for potential revisions? The last revision happened in Fiscal Year 2017 which means new NAICS code revisions have been released for Fiscal Year 2022. The development and maintenance of NAICS codes... Read More