In 1997, Congress created the Historically Underutilized Business Zone program, also known as the HUBZone program, as part of the Small Business Reauthorization Act. The program was intended to provide small businesses in economically distressed areas with greater access to federal procurement opportunities.
This is a worthy goal. The US government is the largest purchaser of goods… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Contracting and Infrastructure, led by Chairman Kwesi Mfume (D-MD), held a hearing assessing the Small Business Administration’s (SBA) Historically Underutilized Business Zone (HUBZone) program. Congress created HUBZone in 1997 to boost Federal contracting opportunities for small businesses located in economically… Read more »
Thank you to all our witnesses for joining us today.
Throughout our history, small businesses, especially those owned by socially and economically disadvantaged individuals, have faced real challenges when it comes to participating on equal footing in the American economy, and specifically in the federal procurement space. Disadvantaged businesses often navigate obstacles like… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Contracting and Infrastructure, led by Chairman Kweisi Mfume (D-MD), held a hearing examining the current state of the Small Business Administration’s (SBA) 8(a) program. Congress created the 8(a) program to level the playing field in the procurement space and allow disadvantaged businesses to compete for federal… Read more »
The United States Government is the largest purchaser of goods and services in the world. In fiscal year 2020 alone, Federal agencies obligated more than $650 billion in federal contracts. Through its buying power, the Federal Government is uniquely positioned to incentivize the economy and strengthen the industrial base. Thus, it is vital that small businesses have ample opportunity to… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Contracting and Infrastructure, Chaired by Kweisi Mfume (D-MD), held a hearing examining the role of small contractors under potential infrastructure investment plans. The hearing gathered small contractors and procurement experts to discuss how infrastructure investment can benefit small businesses and small… Read more »
Infrastructure helps form the foundation of our nation. Every day, Americans across the country rely on infrastructure to commute to work, access clean water, and communicate with each other.
But despite infrastructure’s fundamental importance to our country, it has become an afterthought over the past several decades. The U.S. is the wealthiest country globally but is ranked… Read more »
Thank you all for being here today for the first hearing of the Subcommittee on Contracting and Infrastructure for the 117th Congress. For our opening hearing, I thought it was important to examine an issue that is a priority for government contractors: the interplay between the Federal Acquisition Regulations (the FAR) and the Paycheck Protection Program (PPP).
The FAR serves as the… Read more »
Washington, D.C.— Today, the House Small Business Committee Subcommittee on Contracting and Infrastructure, led by Chairman Kweisi Mfume (D-MD), held a hearing focused on the interplay between the Paycheck Protection Program (PPP) and the Federal Acquisition Regulations (FAR).
The FAR serves as the primary set of rules governing all executive agencies in their… Read more »
Today, the Committee will examine the management and operations of SBA’s Office of Government Contracting and Business Development. The main purpose of this office- commonly known as GCBD- is to maximize small business participation in government contracting. We know that when a small business is awarded a federal contract, it spurs economic development and job growth in our… Read more »
