The federal government has created a national reporting system housed within the Federal Procurement Data System (FPDS) to maintain transparency for COVID-19-specific spending. The most recent report states that $17.3 billion in contracts have been awarded to companies worldwide since March 13, 2020. Of those contracts, Maryland-based companies received over $1.3 billion in COVID-19-specific awards.... Read More
Tag Archives: Small Business
Crisis Contracting Updates for DOD and Civilian Agencies
The U.S. federal government civilian and defense agencies are in full “buy now” mode. Spending in the second half of the federal fiscal year (ending September 30) is magnified by the new needs for services and products related to COVID-19 leading to crisis contracting updates. This situation is unique because most budgeted spending is still... Read More
Contracting Legislation Affects Large and Small Businesses
Legislative changes are happening right now that affect large and small businesses serving as federal contractors. There SBA’s Mentor-Protégé Program has, in the past, only included the 8(a) Program certified companies. The Small Business Jobs Act of 2013 allowed the SBA to establish Mentor-Protégé Programs for companies participating in the HUBZone, SDVOSB and WOSB Programs.... Read More
Senate Stalls on Changes Affecting Small Business
The Senate Committee on Small Business and Entrepreneurship postponed an important vote on a bill affecting all small businesses before taking summer recess because it failed to agree on proposed critical regulatory changes. Now that Congress is back in session, the Committee may choose to consider the draft legislation which contains 15 changes that, if... Read More