What are the federal small business contracting requirements?

The federal government requires that small businesses receive a certain percentage of all government contracts and subcontracts. This requirement is known as the federal small business contracting program. In Oregon, this program is enforced by the U.S. Small Business Administration (SBA) and implemented through federal agencies. The federal small business contracting program requires federal agencies and their contractors to provide small businesses with the maximum practicable opportunity to compete for contracts and subcontracts and to award certain contracts and subcontracts to small businesses. Under the program, federal agencies have established small business goals that determine how much of their contracts and subcontracts should go to small businesses. The SBA is responsible for overseeing and ensuring that federal agencies meet these goals. The SBA provides technical assistance to small businesses, including grants, loans, and other forms of financial assistance. The SBA also regularly reviews the performance of federal agencies and contractors to ensure that the federal small business contracting program is being implemented properly. In addition to the federal program, Oregon has state-level small business contracting programs that require certain state agencies to award contracts and subcontracts to small businesses. These programs are overseen and enforced by the Oregon Department of Administrative Services. In conclusion, the federal small business contracting program requires federal agencies and their contractors to provide small businesses with equal opportunity to compete for contracts and subcontracts and to award certain contracts and subcontracts to small businesses. This program is enforced by the SBA and supplemented by state-level programs.

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