House raises goal for small biz primes’ procurements to 25%

House’s NDAA boosts more goals: for SDBs, to 15%; for WOSBs, to 7%; and for SDVOSBs and HUBZone, 4%

     The Democratic-controlled House approved its version of the National Defense Authorization Act for Fiscal Year 2022 on Sept. 23, including several amendments impacting small federal contractors.

      The most significant was an amendment sponsored by Rep. Kweisi Mfume, D-MD, which would raise the government’s goal for procurements from small business prime contractors to 25%, up from 23%.

      The measure also raised the goal for Small Disadvantaged Business procurements to 15%, up from 5%; for Women-Owned Small Businesses to 7%, up from 5%; and for HUBZone small firms and Service-Disabled Veteran-Owned Small Businesses to 4%, up from 3% currently.

      The change to 25% may not mean that much in practical terms...more....

     

House raises goal for small biz primes’ procurements to 25%

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