Sentences with phrase «wosb federal contract»

A ruling from the Small Business Administration lifts the cap on federal contracts set aside for women - owned small businesses.
After a decade - long struggle, a new program to boost federal contracts among women - owned businesses kicked in.
In the past two years, aided by a grant from the Small Business Administration, the network has helped a niche - group of energy entrepreneurs secure some $ 32 million in federal contracts and create an estimated 400 jobs.
And if, as Daoust seems to imply, the key reforms have already been implemented, a prohibition on federal contracts would be baldly punitive, a form of punishment for its own sake.
You can also put up a profile on sites like Federal Contracting Network and mySBX.com or identify large prime contractors through the SBA's Subcontracting Network.
The GSA accounts for about $ 40 billion of all federal contracts, according to Reeder.
Women - owned businesses received less than 4 % of all federal contracts, less than the SBA's goal of 5 %.
The Small Business Administration sets goals for the total percentage of federal contract funds that agencies should award to small business, which includes for disadvantaged and women - owned firms.
Predictably, the Alaskan 8 (a) sector is booming: Its share of federal contracting set - asides has grown from $ 265 million in 2000 to at least $ 2.3 billion today, about 20 percent of all 8 (a) dollars — most of that going to just 20 firms.
Both companies are among the corporate giants that have been awarded federal contracts specifically set aside for small businesses.
He'd like to shine a brighter light on federal contracting and reach more borrowers who've missed the SBAExpress juggernaut.
Alutiiq is also an 8 (a) company, meaning it's eligible to «win» federal contracts free of open bidding.
In 2016, Maryland - based Lockheed Martin received $ 43.4 billion in federal contracts, the most of any US defense contractor.
The SBA expects no disruption to its loan programs since it doesn't typically reach its actual loan cap, but small businesses that depend on federal contracts are expected to suffer.
«Improving small - business opportunities through federal contracts creates jobs and saves taxpayer money because small businesses bring competition, innovation and lower prices.»
The initiative, which originated out of Section 8 (a) of the Small Business Act — hence its name — provides participants with access to a variety of business development services, including the opportunity to receive federal contracts on a sole - source or limited competition basis.
In the past, fewer than 5 percent of the women - owned firms in the United States were certified to do business with their state government and only 1.5 percent of the billions of dollars in federal contracts went to women - owned firms.
The 8a program is intended to open the doors for minority - owned small businesses under the fiercely competitive federal contracting program.
In 2012, ExxonMobil had $ 255 million worth of federal contracts, according to its annual report.
In both of these strategies, Trump could push for new regulation that applies to all companies that utilize a certain amount of outsourcing, in the form of new taxes or ending the possibility of federal contracts.
About a month ago, Sam Lehman found out his small business, Columbia Consulting Group, had been turned down for its application under the 8a federal contracting program for certification as a disadvantaged business.
Hundreds of billions of dollars in new government spending will reach small firms, either directly in federal contracts or indirectly as this money makes its way through the economy.
The program, designed to ease women - owned firms» access to federal contracts, would allow federal agencies to set aside contracts for these businesses.
The federal government's official goal is to award 5 percent of federal contracts to women - owned business, but it has struggled to consistently reach that mark.
The increases «don't all happen on the same exact day, but they happen pretty close to each other on the calendar,» said Jim Yocum, senior vice president of federal contracts with Connecture.
Employers whose workers faced discrimination, danger, or harassment on the job wouldn't be able to get federal contracts.
Other specific drives he delineated to invigorate small businesses: Make it easier for small businesses to obtain — and get paid for — federal contracts, and facilitate start - up capital - raising and initial public offerings by eliminating red tape that can get in the way.
Defense's practice of giving minority companies a 10 percent price credit meant that companies owned by certain socially and economically disadvantaged groups did not have to be the lowest bidder to win federal contracts, and helped the department achieve the congressionally mandated goal.
And that is good news for nearly 18,000 businesses that until now have been unable to take a government - backed loan or to get assistance winning federal contracts.
The U.S. Small Business Administration (SBA) announced earlier this year that women - owned businesses secured 5 percent of federal contracts in fiscal year 2015, representing $ 17.8 billion worth of federal work.
While change takes time she hopes more women will end up joining the federal contracting industry.
While women - owned businesses have made great strides in federal contracting, officials still have a lot of work ahead to create a truly equitable playing field.
Guy Timberlake, chief executive officer of the American Small Business Coalition, said the full impact of the decision is unclear, but that it seems to invalidate elements of the small disadvantaged business program and the federal contracting component of the 8 (a) business development program.
Howard County's top executive Thursday morning cautioned business leaders against relying too heavily on federal contracts and said Columbia's Gateway Innovation District can be a magnet for new companies.
MBS recently received its SBA 8 (a) certification, qualifying the company to bid on Federal contracts.
It has had great success in helping mostly small, high technology businesses access and execute Federal contracts and grants, team with other businesses and grow the ecosystem of support among industry, government, nonprofits and academia — while simultaneously bringing innovative solutions to help America's warfighters achieve mission success and safety.
For example, take the two largest Hurricane Maria federal contracts awarded so far: the $ 122 million deal to feed hurricane survivors and the $ 118 million deal to send 80 million liters of bottled water to Puerto Rico.
Additionally, restricting competition to qualified WOSBs and EDWOSBs increases their success to compete for and win federal contracts.
The paid leave order is the latest move by Mr. Obama to use his power over federal contracts to institute changes on a small slice of the labor market when he can not persuade Congress to enact those measures for the whole country.
Nearly half of the 540 federal contracts signed so far (as of November 16), totaling $ 252 million, were awarded outside the open bidding process, according to federal procurement data.
The SBA's WOSB Federal Contract Program provides greater access to federal contracting opportunities for WOSBs and economically - disadvantaged women - owned small businesses (EDWOSBs).
As a third - party certifier of the SBA's WOSB Federal Contract Program, WBENC introduced a Women Owned Small Business Government Certification (WOSBGC) Program.
The rule, which does not need additional approval, requires that workers in assignments related to many federal contracts receive one hour of paid sick leave for every 30 hours they work, for up to 56 hours of leave a year.
Many companies that win federal contracts, they say, are quite likely to enact the new paid sick leave policy across their entire work force rather than maintain separate policies, one for workers involved in federal contracts and a less generous one for everyone else.
Because it must first go through a public comment period, it will apply only to new federal contracts starting in 2017.
Whitefish has only won two small federal contracts in Arizona with the Department of Energy: a $ 172,000 deal to replace metal poles and install 3 miles of wiring, and a $ 1.3 million contract to revamp sections of a 4.8 - mile transmission line.
Cobra Energy Services, which is less than a year old, has never won a federal contract.
There are 131,350 federal employees who work in the state, and local companies were responsible for about $ 60 billion in federal contracts in 2010.
Federal contracting rules are meant to ensure that government contracts are competitive and fair.
Rep. Todd Rokita (R - IN) is pushing to end Citibank's federal contract after the finance giant adopted new gun policies that do not respect the Second Amendment.
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