Doing Business with the Government
Why Would You Want the Federal Government as Your Customer?
The U.S. government is the world’s largest buyer of goods and services.
•$500 billion per year
Full and Open Competition: Small Business Set-Asides for small business between $3,500 (Micro-purchase) to $250,000(Simplified acquisition)
•23% for Small businesses
•13% for Small disadvantage businesses
•3% for Hub Zone businesses
•3% for Service Disabled Veterans
•5% for Women Owned Small Businesses
FY2022 Exceeded its goal, awarding 26.5%, $163 Billion to small businesses
For more information watch the full presentation on Chamber TV