U.S. Small Business Administration Washington Metropolitan Area District Office Bridget Bean, District Director www.sba.gov/dc.

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Presentation transcript:

U.S. Small Business Administration Washington Metropolitan Area District Office Bridget Bean, District Director

Federal Procurement $500 Billion + per year U.S. Government: The World’s Largest Customer

Federal Procurement $500 Billion + per year Small Businesses: 23% PROCUREMENT TARGETS:

Federal Procurement Small Businesses: 23% HUBZone: 3% Women-Owned: 5% SDB: 5% Service-Disabled Vets: 3% $500 Billion + per year PROCUREMENT TARGETS:

American Recovery and Reinvestment Act: $30 billion dollars in loans $680 million taxpayer dollars February, 2009 More than 30% Recovery Act contracts to small businesses

Interagency Task Force on Federal Contracting Opportunities for Small Businesses: Recommendations Include: Limiting “task and delivery order” contracts. Eliminating non-essential “bundling” of contracts. Better training for contracting officers. Holding agencies accountable for small-business goals. Improving tools that communicate opportunities. April, 2010 Co-Chairs: Administrator of SBA Secretary of Commerce Director, Office of Management and Budget

Small Business Jobs Act Federal Contracting Provisions: “Parity” among HUBZone, 8(a), Service-Disabled Veteran, and Women-Owned small businesses. Agencies to publish their bundling policies and justify bundled contracts. Stronger subcontracting plan requirements for large prime contractors. Discourages late payments from primes to small subcontractors. Stronger enforcement against unfair competition. Small Business Teaming Pilot Program September, 2010

Some Other Provisions: 8 different tax cuts worth about $12 Billion Recovery Loans extended with additional $14 Billion Maximum Loan limits for 7a loans & 504 loans permanently increased from $2 Million to $5 Million Microloan maximums permanently increased from $35,000 to $50,000 Small Business Jobs Act September, 2010

Small business owners who spend at least five hours with one of our counselors earn higher revenues and hire more people. Small Business Jobs Act September, 2010 Educational Components: Small Business Teaming Pilot Program Training Centers $50 Million to SBDCs

NAICS Sectors 44 – 45, Retail Trades: 46 size standards increased For New Car Dealers, size measured by number of employees (previously measured by annual revenues) NAICS Sector 72, Accommodation and Food Services: size standards increased for five industries. NAICS Sector 81, Other Services: Size standards were increased for 18 industries. Up to 17,000 additional firms eligible for SBA assistance New Size Standards October, 2010

Women-Owned Small Business Program (WOSB) Final Rule Published October 2010 Program Start February 2011 Firms self-certify as Women-Owned Small Businesses (WOSB) or Economically-Disadvantaged Women-Owned Small Businesses (EDWOSB) For 83 target industries where WOSBs are under- represented, contract officers may set-aside contracts for WOSBs or EDWOSBs only (under specific circumstances)

U.S. Small Business Administration Washington Metropolitan Area District Office For More Information: