Why do we still celebrate Black History Month? What is the intersection of Black History and government contracting? Wait, don’t bypass this article because at first glance you think it doesn’t connect to you. It is worth reading. We all stand on someone’s shoulders in our life’s journey.
Big changes may be coming to the 8(a) Certification Program known as 8(a) Business Development Program. It is part of the Small Business Administration (SBA) and is designed to assist small businesses that are economically and socially disadvantaged in gaining access to government contracts. For businesses currently in the 8(a) Certification Program or those planning on applying for entrance into the 8(a) Program, there are some potential major modifications on the way.
"Follow the money" is a catchphrase popularized by the 1976 docudrama film All the President's Men, which suggests political corruption can be brought to light by examining money transfers between parties. While the term was popularized in the 1970s, the premise behind the statement has been around for over a century. In Latin, the term Cui bono? means "to whom is it a benefit?"
In the realm of government contracting, goal setting is not just a strategic advantage—it's a necessity. Whether you're navigating federal procurement or bidding on local city contracts, establishing clear, achievable goals is crucial for success. This article explores why goal setting is so vital in government contracting and the broader business landscape, covering regulations, reliability, and the potential pitfalls of failing to meet commitments.
"Follow the money" is a catchphrase popularized by the 1976 docudrama film All the President's Men, suggesting that political corruption can be exposed by tracing financial transactions. While this term gained prominence in the 1970s, the underlying principle has been around for centuries. The Latin phrase Cui bono?, meaning "to whom is it a benefit?", encapsulates the idea of understanding who gains from financial actions.
Navigating the government contracting landscape can be complex, but understanding the steps to find opportunities at federal, state, and local levels can significantly benefit your small business. This guide provides a detailed, step-by-step approach to discovering and securing government contracts, ensuring you can effectively pursue and capitalize on available opportunities.
On December 27, 2021, President Biden signed the FY22 National Defense Authorization Act (NDAA) into law, authorizing nearly $800 billion in defense spending.
The national defense total in the 2022 omnibus spending bill is $782 billion, reflecting a 3.9 percent increase over the administration’s request for 2022 and a 5.6 percent increase over the 2021 appropriations. This total includes $13.6 billion for emergency military and humanitarian aid for Ukraine as Russia’s conflict with the country continues.
The U.S. Department of Justice is targeting federal contractors and grant recipients who fail to adhere to cybersecurity requirements in their agreements and violate their obligation to monitor and report ransomware attacks and other types of cybersecurity breaches.
In June 2021, the Biden administration announced its plans to increase the percentage of Small Business contracting by 50% over the next 5 years. To meet this goal, the administration has proposed $30B in new SBA initiatives that would reduce barriers to small business ownership and success. The new SBA initiatives will focus on increasing access to capital with new direct loans to small businesses,
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Only 22% of federal contracting dollars are awarded to small businesses. Our goal is to be an agent of change by helping businesses owned by women, minorities, and veterans to get their fair share of the opportunities in the government market.
