In April 2019, the Small Business Administration (SBA) released a plan to enact revised size standards for small businesses. According to the SBA, a size standard is usually defined by the number of employees or average annual receipts and represents the largest size that a business, including subsidiaries and affiliates, may be to remain classified as a small business for SBA and federal contract programs. In 2010, the United States Congress passed the Small Business Jobs Act (Jobs Act) which requires the SBA to review all size standards every five years. Under the Jobs Act, the SBA is also required to adjust to reflect market conditions as needed, including inflation.
For General Services Administration (GSA) schedule contractors, GSA eBuy is a very powerful tool to have at your fingertips. GSA eBuy is an online procurement tool that allows for both government buyers (eligible entities) and sellers (GSA Contract holders) to come together in one easy to use electronic meeting. Using GSA eBuy, buyers can post a Request for Quote (RFQ) and set a deadline to submit a proposal. This is highly advantageous for sellers as you will be shown opportunities that are available for your companies Schedule and SIN.
Do you know what the real benefits of being on the GSA Schedule are? Learn the top 10 reasons (and advantages) why you should consider it.
The General Services Administration is responsible for managing a myriad of IT security programs, which help government agencies implement IT policies that promote public safety and enhance resiliency of the government’s systems and networks. In order to do business with the federal government, or any branch of government for that matter, it is important to first understand the guiding principles and regulations set in place.