How to Do Business with Treasury
Part II: Small
Business Administration and Preferential Contracting Programs
Previous
| Next
Preferential contracting was first authorized by the Small Business
Act of 1953, which set up the Small Business Administration (SBA) to
aid and counsel small businesses and to ensure that small firms receive
a fair share of Government contracts. Various amendments have significantly
expanded and strengthened Federal Government contract and subcontract
opportunities for small, minority, women-owned, service disabled veteran
owned, veteran owned, and small businesses located in HUBZones.
Small business firms, especially newly formed organizations, are encouraged
to contact their nearest Small
Business Administration (SBA) office for assistance and to learn
of the many programs and opportunities that are available to them. These
include contracting and technical assistance as well as financial and
management assistance. The various procurement programs provided under
the Small Business Act, as amended, are reflected in the following policy
statement:
In accordance with the Small Business Act and implemented in regulation
at FAR 19.201(a), it is the policy of the Treasury Department to provide
maximum practicable opportunities in its acquisitions to small business,
veteran-owned small business, service-disabled veteran-owned small business,
HUBZone small business, small disadvantaged business, and women-owned
small business concerns. Such concerns must also have the maximum practicable
opportunity to participate as subcontractors in the contracts awarded
by any executive agency, consistent with efficient contract performance.
Previous
| Next Updated September 3, 2002
|
|
|
