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SBA headquarters building
Biden lifts SDB goal to 11% in 2022, on track to 15% in 2025
President Joe Biden on Dec. 2 announced an 11% governmentwide goal for procurements from Small Disadvantaged Businesses (SDBs) for fiscal 2022, initiating a path to a 15% SDB goal by fiscal 2025.
The goals, along with several other actions, implement Biden’s Executive Order 13985 on Advancing Racial Equity and Support for Underserved Communities. They are intended to drive an additional $100 billion in federal awards to SDBs over five years.
The SDB procurement goal set by Congress is 5%, which has been exceeded in recent years. Average SDB procurement in the last five years was 9.8%, according to the White House.
To support the new goals and strengthen small business contracting, the Office of Management and Budget announced several actions, including:...more....
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Set-Aside Alert webinar:
Jan 12 - Set-Aside Alert hosts "DoT's Disadvantaged Business Enterprise Program: What Every Government Contractor Needs to Know!!", with attorneys Brad Reaves and Paul Hawkins
1:00 PM Eastern
Register here
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Inside this edition:
Biden lifts SDB goal to 11% in 2022, on track to 15% in 2025
House OKs 2022 NDAA
CR extended, debt limit deal
Judge puts hold on mandatory vaccines for federal contractors
House SB Committee items in latest NDAA
MBDA made permanent
Management Agenda released
NAICS for non-manufacturer waivers
Column: OMB Releases Guidance to Advance Equity for Underserved Small Businesses in Federal Procurement
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GAO advises possible revision of CIO-SP4 RFP
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Cyber reporting dropped from NDAA
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New Web portal for Affirmative Action
Coronavirus Update
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