May 24, 2024
State and Local Efforts to Support Women-Owned Small Businesses (WOSBs)
The goal of the federal government is to offer at least 5% of all federal contracting dollars to businesses owned by women every year. This initiative helps in rendering a levelled playing field for women business owners. Through this initiative, the government is also limiting the competition for certain contracts to businesses that participate in the Women-owned small business federal contract programs. Benefits of Support Extended by the Federal Government to WOSBs The Federal government limits certain government business contracts to women-owned businesses to encourage their participation in specific industries in which the role of WOSBs is underrepresented. Some of these contracts are also restricted further for economically disadvantaged WOSBs. It is to be noted that the Small Business Administration maintains a list of the eligible industries and their NAICS codes. Joining the Women-owned Small Business Federal Contract Program will make a business eligible to compete for certain federal contracts reserved for the program’s certified participants. These set-aside contracts are specific for women-owned businesses, however, they can participate in other contract awards under other socio-economic programs as well. Eligibility Requirements to Grab Federal Contracts by WOSBs To be eligible for the Women-Owned Small Businesses, the federal contract program should be […]
May 14, 2024
DLA Awards $180 Million in Facility MRO Contracts
The Defense Logistics Agency has awarded close to $180 million for the ASRC contracts to procure maintenance, operations, and repair supplies. This investment has been reflected in the DLA’s commitment to maintaining and optimizing the critical facilities that support defense operations. These contracts are likely to cover a range of services and supplies that are required for the upkeep and functionality of the military services that are required to meet the stringent operational standards. This news will highlight the significant investments that the defense agencies make to maintain the infrastructure and readiness. These awarded contracts will play a major role in sustaining the reliability and functionality of the key military assets and installations. Steps for Small Businesses to Avail of DLA Projects Small businesses can obtain the DLA awards and the MRO contracts through stringent planning, preparation, and engagement with the contracting process. Subcontracting with the DLA is a great way for small businesses to get started with the federal contracting process. This also promotes the participation of small businesses in the larger contracts. In order to be eligible as a contractor, the business should represent itself as a small business, a veteran-owned small business, a women-owned business, or a […]
May 3, 2024
Unlocking USDA Procurement Opportunities for Farmers
Farmers and small-scale businessmen involved in farming and allied businesses can now supply goods and services to the US Department of Agriculture. With the intention of enhancing competition in contracting, the USDA’s Office of Contracting and Procurement has developed the desired tools to assist small disadvantaged entities in identifying potential opportunities for selling their products and services to the US Department of Agriculture. USDA Procurement Opportunities Forecast Tool The US Department of Agriculture has released a procurement forecast tool with the list of USDA solicitations that the small businesses, small disadvantaged businesses, women-owned small businesses, and service-disabled veteran-owned small businesses are able to perform business under direct contracts with the USDA through sub-contracting opportunities. The US Department of Agriculture has a dedicated website where organizations within the federal government publish notices on proposed contract actions that are valued at more than $25,000. The contract opportunities and notices will cover announcements through official solicitations during the pre-award process. Small businesses that are interested in doing business with the government can make use of this system to research the active opportunities. Procurement Procedures and Policies Owing to the diversity and dispersion of the agricultural programs, marketing and procuring projects with the USDA […]