Winter 2014
Issue Map
The Public Manager

Federal Procurement and Small Business

Monday, December 15, 2014

The federal government is the largest purchaser of goods and services in the world, spending approximately $400 billion to $500 billion each year. Statutorily, the federal government is required to contract 23 percent of what it purchases with small businesses.

The Small Business Act states, "The essence of the American economic system of private enterprise is free competition. The preservation and expansion of such competition is basic not only to the economic well-being but to the securi


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