Agencies Shun Contract Set-Asides for Disadvantaged Areas
Source: Bgov
A contracting program designed to give certain disadvantaged businesses a chance at federal dollars suffers from a lack of agency incentives and program requirements. As such, agencies tend to favor other set-aside programs, contractors say.
The Historically Underutilized Business Zone program, also known as HUBZone, was created by Congress in 1997 to provide small businesses located in economically distressed areas with greater access to federal contracting opportunities. Since the program’s inception, the government has been unable to reach its goals—at least 3% of prime contracts and subcontracts to be awarded to qualified HUBZone small business.
Click HERE to read the rest of the article.
Recent Posts
See AllSource: NYTIMES Speaker Mike Johnson was forced on Tuesday to rely on Democratic votes as the House passed legislation to keep federal funding flowing into early 2024, after scores of Republicans oppo
Source: GOVCIO Government agencies have quickly adopted artificial intelligence technologies to transform a wide range of programs to include contracting, said Ricky Clark, deputy director, National I
Source: Crowell On November 8, 2023, the Biden-Harris Administration announced the Better Contracting Initiative (BCI), a four-pronged initiative to ensure that the federal government is getting the b