New Entrants and Small Business Graduation in the Market for Federal Contracts

New Entrants and Small Business Graduation in the Market for Federal Contracts PDF Author: Andrew P. Hunter
Publisher: Rowman & Littlefield
ISBN: 1442280921
Category : Political Science
Languages : en
Pages : 78

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Book Description
This paper garners information crucial to understanding business growth for new entrants and small businesses who contract with the federal government by utilizing publicly available contracting data from the Federal Procurement Data System (FPDS) to track new entrants from 2001-2016. This information is then used to evaluate entrances, exits, and status changes among federal vendors with the purpose of comparing challenges faced by small businesses with those of larger ones. Measuring market trends over time and in multiple sectors shows how the challenges facing small businesses, such as market barriers to entry and imperfect competition, keep them from growing. The final results compare the survival rates between small and non-small new entrants contracting with the federal government and analyze the graduation rates for those small new entrants who grew in size during the observation period and survived after ten years. The study finds that around 40 percent of new entrants exit the market for federal contracts after three years, around 50-60 percent after five years, and only about one-fifth of new entrants remain in the federal contracting arena in the final year of observation. Across the six samples studied, thegraduation rates of small businesses consistently decrease.

New Entrants and Small Business Graduation in the Market for Federal Contracts

New Entrants and Small Business Graduation in the Market for Federal Contracts PDF Author: Andrew P. Hunter
Publisher: Rowman & Littlefield
ISBN: 1442280921
Category : Political Science
Languages : en
Pages : 78

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Book Description
This paper garners information crucial to understanding business growth for new entrants and small businesses who contract with the federal government by utilizing publicly available contracting data from the Federal Procurement Data System (FPDS) to track new entrants from 2001-2016. This information is then used to evaluate entrances, exits, and status changes among federal vendors with the purpose of comparing challenges faced by small businesses with those of larger ones. Measuring market trends over time and in multiple sectors shows how the challenges facing small businesses, such as market barriers to entry and imperfect competition, keep them from growing. The final results compare the survival rates between small and non-small new entrants contracting with the federal government and analyze the graduation rates for those small new entrants who grew in size during the observation period and survived after ten years. The study finds that around 40 percent of new entrants exit the market for federal contracts after three years, around 50-60 percent after five years, and only about one-fifth of new entrants remain in the federal contracting arena in the final year of observation. Across the six samples studied, thegraduation rates of small businesses consistently decrease.

Analyzing Information on Women-Owned Small Businesses in Federal Contracting

Analyzing Information on Women-Owned Small Businesses in Federal Contracting PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309096111
Category : Political Science
Languages : en
Pages : 110

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Book Description
It has been clear for at least 50 years the disadvantages that small businesses face in competing for U.S. government contracts. The Small Business Act of 1953 created the Small Business Administration (SBA), an independent agency in the executive branch that counsels and assists specific types of small businesses including firms owned by minorities and other socially and economically disadvantaged individuals and firms owned by women. Women-owned small businesses, however, are underrepresented or substantially underrepresented in some industries. In 2002, the SBA Office of Federal Contract Assistance for Women Business Owners (CAWBO) organized a draft study containing a preliminary set of approximations of the representation of women-owned small businesses in federal prime contracts over $25,000 by industry. Because of the past legal challenges to race- and gender-conscious contracting programs at the federal and local levels, the SBA asked the Committee on National Statistics of the National Academies to conduct an independent review of relevant data and estimation methods prior to finalizing the CAWBO study. The Steering Committee on Women-Owned Small Businesses in Federal Contracting was created and charged with holding a workshop to discuss topics including the accuracy of data and methods to estimate the use of women-owned small businesses in federal contracting and the definition of "underrepresentation" and "substantial underrepresentation" in designating industries for which preferential contracting programs might be warranted. Analyzing Information on Women-Owned Small Businesses in Federal Contracting presents the committee's report as well as the recommendations that committees have made.

The Small-Business Guide to Government Contracts

The Small-Business Guide to Government Contracts PDF Author: Steven J. Koprince
Publisher: HarperChristian + ORM
ISBN: 0814431976
Category : Law
Languages : en
Pages : 230

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Book Description
Government law attorney Steven J. Koprince teaches you to concentrate on the crucial but complex Federal Acquisition Regulation (FAR) and other rules required for keeping contracts alive and avoiding penalties. Each year, the federal government awards billions of dollars in small-business contracts. The Small-Business Guide to Government Contracts puts a wealth of specialized legal counsel at readers’ fingertips, answering the most important compliance questions like: Is a small business really small? Who is eligible for HUBZone, 8(a), SDVO, or WOSB programs? What salaries and benefits must be offered? What ethical requirements must be followed? When does affiliation become a liability? Small-business contracts are both the lifeblood of hundreds of thousands of companies and a quagmire of red tape. No one can afford to be lax with the rules or too harried to heed them. The Small-Business Guide to Government Contracts empowers contractors to avoid missteps, meet their compliance obligations--and keep the pipeline flowing.

Subcommittee Hearing on Ensuring Small Businesses Have Fair Access to Federal Contracts

Subcommittee Hearing on Ensuring Small Businesses Have Fair Access to Federal Contracts PDF Author: United States. Congress. House. Committee on Small Business. Subcommittee on Contracting and Technology
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 64

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Book Description


Government Procurement from Small and Small Disadvantaged Businesses (Public Law 95-507 and Accompanying Reports)

Government Procurement from Small and Small Disadvantaged Businesses (Public Law 95-507 and Accompanying Reports) PDF Author: United States. Congress. House. Committee on Small Business
Publisher:
ISBN:
Category : Government purchasing
Languages : en
Pages : 172

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Book Description


Federal Procurement

Federal Procurement PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Government purchasing
Languages : en
Pages : 68

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Book Description


Win Government Contracts for Your Small Business

Win Government Contracts for Your Small Business PDF Author: John DiGiacomo
Publisher:
ISBN: 9780808005568
Category : Business & Economics
Languages : en
Pages : 444

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Book Description
WIN GOVERNMENT CONTRACTS FOR YOUR SMALL BUSINESS will show you how to get in on the action--in just 10 easy-to-understand steps. by following our practical advice, you'll be accurately listed in the federal procurement system, allowing you to start receiving bid leads for lucrative federal contracts.

Federal Procurement

Federal Procurement PDF Author:
Publisher: DIANE Publishing
ISBN: 9780756712815
Category : Political Science
Languages : en
Pages : 70

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Book Description
Women-owned small bus. (WOSB) were receiving contracts for only 2% -- less than 1/2 of the 5% governmentwide goal -- of the almost $200 billion in goods and services that the federal gov't. (FG) purchases each year. This is a review of the progress the FG has made to increase its contracting with WOSBs and identifies measures that could improve the FG's performance in contracting with WOSBs. This report provides info. on: trends in Fed. contracting (FC) with WOSBs since FY1996; obstacles that FC officials perceive to contracting with WOSBs; suggestions to help increase FC with WOSBs; and concerns of these officials about the WOSB contracting goals established for agencies.

Small Business in Federal Procurement

Small Business in Federal Procurement PDF Author: United States. Congress. Senate. Committee on Small Business
Publisher:
ISBN:
Category : Government purchasing
Languages : en
Pages : 278

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Book Description


Small Business Subcontracting and Set-aside Programs

Small Business Subcontracting and Set-aside Programs PDF Author: United States. Congress. House. Select Committee on Small Business. Subcommittee No. 2 on Government Procurement
Publisher:
ISBN:
Category : Small business
Languages : en
Pages : 518

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Book Description
Reviews small business subcontracting and set-aside programs to ascertain if small business receives fair share of Federal procurement dollars in keeping with Federal policy. Examines results of recent DOD changes in set-aside procedures and regulations which may have diminished SBA participation.