Tuesday, December 20, 2005
SBA adjusts size standards for inflation
Almost 12,000 companies will be re-classified as small businesses after a move by the Small Business Administration to factor three and one-half years of inflation into its monetary-based size standards. SBA increased the size standard for business and personal services firms from $6 million to $6.5 million. Size standards for other industries that are higher than $6 million also reflect similar percentage increases, the report states. Full Article
Minority-Owned Joint Venture Lands Federal IT Work
By Roseanne Gerin
Special to The Washington PostMonday, December 5, 2005; Page D04
Energy Enterprise Solutions LLC won a $1 billion contract from the Energy Department to provide consolidated information technology services, one of the largest federal IT services contracts ever awarded to a small business.
The contract also appears to be the first ever billion-dollar award made to a joint venture of two minority-owned firms, said Rodney P. Hunt, president and chief executive of RS Information Systems Inc. of McLean, one of the contract partners. The other is 1 Source Consulting Inc. of Seabrook.
Click here to read more.
Special to The Washington PostMonday, December 5, 2005; Page D04
Energy Enterprise Solutions LLC won a $1 billion contract from the Energy Department to provide consolidated information technology services, one of the largest federal IT services contracts ever awarded to a small business.
The contract also appears to be the first ever billion-dollar award made to a joint venture of two minority-owned firms, said Rodney P. Hunt, president and chief executive of RS Information Systems Inc. of McLean, one of the contract partners. The other is 1 Source Consulting Inc. of Seabrook.
Click here to read more.
IRS SETS STANDARD MILEAGE RATES FOR 2006
The IRS this week lowered the optional standard mileage rate for 2006 to 44.5 cents per mile for business miles driven, down from the 48.5 cent rate set for the last third of 2005.
The standard mileage rate is used to calculate the deductible costs of operating a vehicle for business, charitable, medical or moving purposes. The 48.5 cent rate set for the last four months of 2005 was a one-time adjustment in response to the sharp increase in gas prices, which topped $3 a gallon. The standard mileage rate for the first two-thirds of 2005 was set at 40.5 cents per mile.
Beginning Jan. 1, 2006, the standard mileage rates for use of a car (including vans and pickup trucks) for medical or moving purposes will be 18 cents per mile. The rate for miles driven in service of charitable organizations, other than activities related to Katrina, will be 14 cents per mile. For 2006, the Katrina-related charitable rates will be 32 cents per mile for deduction purposes and 44.5 cents per mile for reimbursement purposes.
The standard mileage rate is used to calculate the deductible costs of operating a vehicle for business, charitable, medical or moving purposes. The 48.5 cent rate set for the last four months of 2005 was a one-time adjustment in response to the sharp increase in gas prices, which topped $3 a gallon. The standard mileage rate for the first two-thirds of 2005 was set at 40.5 cents per mile.
Beginning Jan. 1, 2006, the standard mileage rates for use of a car (including vans and pickup trucks) for medical or moving purposes will be 18 cents per mile. The rate for miles driven in service of charitable organizations, other than activities related to Katrina, will be 14 cents per mile. For 2006, the Katrina-related charitable rates will be 32 cents per mile for deduction purposes and 44.5 cents per mile for reimbursement purposes.
Small businesses struggle to win hurricane relief contracts
By Kimberly Palmer mailto:Palmerkpalmer@govexec.com
Shortly after Hurricane Katrina hit the Gulf Coast, Kevin Arvay, a satellite communications consultant based in Leesburg , Va. , started calling federal agencies charged with cleanup and reconstruction. He thought he could help build their communications systems.
Arvay is still waiting for a return call. "It's frustrating, because you're sitting here knowing you can do something," he said.
Like hundreds of other small contractors, Arvay wants to be part of the enormous relief effort, but he has had difficulty getting the right people on the phone. As in many emergency situations, contracts are being awarded quickly, outside the normal competitive process, meaning that relationships matter as much as skills. Small companies could have a tough time winning government business in this environment.
Full Article
Shortly after Hurricane Katrina hit the Gulf Coast, Kevin Arvay, a satellite communications consultant based in Leesburg , Va. , started calling federal agencies charged with cleanup and reconstruction. He thought he could help build their communications systems.
Arvay is still waiting for a return call. "It's frustrating, because you're sitting here knowing you can do something," he said.
Like hundreds of other small contractors, Arvay wants to be part of the enormous relief effort, but he has had difficulty getting the right people on the phone. As in many emergency situations, contracts are being awarded quickly, outside the normal competitive process, meaning that relationships matter as much as skills. Small companies could have a tough time winning government business in this environment.
Full Article
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