Transcription of SET-ASIDES AND PREFERENCE PROGRAMS
{{id}} {{{paragraph}}}
Example: tourism industry
SET-ASIDES AND PREFERENCE PROGRAMS
183 CHAPTER 11 SET-ASIDES AND PREFERENCE PROGRAMS Because small businesses are responsible for most of the job creation and techni-cal innovations in the United States, Congress and the president have shown great in-terest in encouraging the growth and health of small businesses throughout the American economy. One of the most direct ways the government can encourage and nurture small businesses is through federal contracts. THE SMALL BUSINESS ACT The Small Business Act of 1953 states that small businesses should receive a Afair proportion@ of federal contracts and that small businesses should have the Amaximum practical opportunity@ to participate in federal contracting. The Small Business Act established the Small Business Administration (SBA) to aid small businesses and to insure they receive a Afair proportion@ of federal contracts. Congress has established a 23% governmentwide goal for awards of contracts to small businesses.
Set-Asides and Preference Programs 187 Limitations on Subcontracting Besides the small business representation, each contract awarded as a small busi-
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
Related search queries
Service contracts, FEDERAL SUPPLY SCHEDULES, Service, Model Contracts for Small Firms, SUPPLY CHAIN MANAGEMENT TRANSVERSAL, Contracts, Managed-Care Contracts: What You Need, Active requirement contracts by title, Under Output- and Performance- based R, Under . Output- and Performance-based R, VSCs and The Buyers That Love Them