The risks of pushing for procurement equity

Source: washingtontechnology.com

Without proper oversight, experts warn, a White House plan to steer $100 billion in federal contracting opportunities toward small disadvantaged businesses (SDBs) will likely run into major challenges that pave the way for large corporations to take advantage of set-asides for those historically marginalized firms.

Contracting experts and former federal officials say the new initiative announced last month requires an expanded focus on regulations to avoid significant risks, including fraud and mismanagement, as recent examples have shown.

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