Let’s Get Small 11
The idea of small businesses as an engine of economic growth and innovation is a bedrock one in federal procurement. The belief that the federal government should specifically encourage small business participation in federal contracting is also a long-held one, dating back to the Great Depression. In the decades since, it’s become enshrined in policy that small businesses should have “maximum practicable opportunities” to compete for prime contracts and subcontract awards.1 What the federal government, large federal contractors, and you must do to translate that into action is what this chapter is about.
Federal Small Business Basics
Government policy is to set aside for small businesses standalone procurements of commercial ...
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