Small Business Goal May Increase to 30%

Small Business - Procurement: The House Small Business Committee unanimously reported a bill to reauthorize the SBA’s government contracting programs. Among other things, it would raise the small business prime contracting goal from 23% to 30%, redefine contract bundling, and apply procurement goals to overseas contracts. Another provision would prohibit agency-level procurement goals from being less than the government-wide goal. If implemented, this provision would have the greatest effect on the Department of Energy, whose 2005 prime contract goal was only 5.5%. The bill is expected to reach the House floor in May.