‘Contract Bundling’ is an Issue That’s Still Top of Mind for the Small Business Administration

When asked what keeps her up at night, a top Small Business Administration official said “contract bundling,” which is when agencies bundle several different contracts together and award the work to one company in an attempt to save taxpayer dollars. 

Candace Waterman, president and CEO of Women Impacting Public Policy, asked Bibi Hidalgo, associate administrator in SBA’s Office of Government Contracting, the question during an event on Thursday in Silver Spring, Maryland for “ChallengeHer,” an initiative started in 2013 by the SBA, Women Impacting Public Policy and American Express to boost federal contracting opportunities for women-owned small businesses. 

Contract bundling––just one issue small businesses, particularly women-owned ones, face when trying to enter the federal marketplace––“in theory may be saving dollars, but what happens then is those contracts are no longer available for smaller businesses because a small business wouldn’t really be able to compete necessarily for a $7 billion contract,”

Read More
Read Me

Whitmer Secures US Small Business Administration Disaster Declaration for Otsego County

FOR IMMEDIATE RELEASE 

July 13, 2022

Contact: press@michigan.gov

 

Governor Whitmer Secures U.S. Small Business Administration Disaster Declaration for Otsego County

LANSING, Mich. – Governor Gretchen Whitmer today announced that the U.S. Small Business Administration (SBA) has granted an administrative declaration of disaster for Otsego County. The SBA disaster assistance program will make low-interest loans available to residents and businesses affected by a tornado on May 20.

“This declaration is an important step in getting the necessary support and resources to the Gaylord community,” said Governor Whitmer. “It is clear this tornado had devastating impacts in Otsego County. These loans will allow people and businesses to begin rebuilding and will ensure the community continues to move forward.”

“Everyone who knows the Gaylord community knows that our people are strong and resilient in the face of challenges,” said State Senator Jim Stamas. “This declaration of additional available funds will

Read More
Read Me

Hurricane Ian federal assistance for survivors nears $500M, SBA loans

A key player in President Biden’s Cabinet and for Southwest Florida’s future saw the enormities of what’s ahead as she toured some of Hurricane Ian’s hard-hit areas late Tuesday.

“This is being called one of the most significant disasters in American history, definitely in Florida,” said Isabella Casillas Guzman, U.S. Small Business Administration head, then referencing the 2005 hurricane that clobbered the New Orleans region.

“Ever since Katrina, we haven’t seen anything of this magnitude, and so obviously, it’s significant in the loss of life, and it has really impacted the community. It’s definitely a long-term build.”

What’s in Florida’s future? ‘Old Florida is gone’ but what will new Southwest Florida look like post-Ian?

Hurricane Ian’s aftermath:SWFL residents finding ribbons, markings on damaged homes in Ian aftermath

Two weeks after Ian: On long road to recovery, lots of bumps, but clearing ahead

Guzman grasped the pain being felt after

Read More
Read Me

Small Business Administration Should Improve Reporting of Award Timeliness

The Government Accountability Office has recommended that the Small Business Administration come up with a plan to identify and carry out actions to improve the timely issuance of its annual congressional report on the timeliness of awards under the Small Business Innovation Research and Small Business Technology Transfer programs.

GAO found that SBA was between six to 16 months late in submitting its annual reports to Congress between fiscal years 2016 and 2021, according to a report published Wednesday.

“Without a comprehensive, documented analysis of its process for developing these annual reports, it is unclear whether SBA is missing opportunities to take action to improve the timeliness of its required reports,” the report states.

The congressional watchdog called on SBA to add information on SBIR and STTR award timeliness to its website to provide Congress and the public with an alternative source of data about the performance of agencies in

Read More
Read Me

Memphis Mayor Teams Up With SBA and Operation HOPE to Drive Black Economic Development

All hands are on deck to drive Black economic development.

Members of the U.S. Small Business Administration and John Hope Bryant, CEO of Operation HOPE, gathered Thursday with Memphis Mayor Jim Strickland to discuss the goal to provide resources to help small Black-owned businesses grow into successful companies.

According to Action News 5, Mayor Strickland revealed his efforts toward supporting Black businesses, including the increase in contract opportunities he has provided to Black entrepreneurs.

“We had to do better contracting for services from the city government. When I took office, it was about 12% of contracts. We have basically doubled that amount,” Strickland said.

Operation HOPE and the City of Memphis collaborated with the One Million Black Business and Entrepreneur Initiative back in February 2021 to expand on its mission to drive Black economic development across the United States.

“We aim to start, grow, and scale 1 million Black

Read More
Read Me