Oklahoma’s small businesses make push for federal contracts
Q: Federal agencies met their goal for the first time in eight years, awarding 23.39 percent of federal contract dollars to small firms nationwide in fiscal year 2013. Of the $1.6 billion in eligible federal contract dollars in Oklahoma, small firms received $720 million or 42.5 percent from Tinker Air Force Base, Fort Sill Army Base, the Federal Aviation Administration and others. What is the SBA doing to ensure small business continue to compete for and win federal contracts?
A: The Small Business Administration has increased its efforts and collaboration with all federal agencies to broaden opportunities for our small businesses to compete and qualify for federal contracts. Furthermore, the Obama administration has accelerated payments to small businesses through the QuickPay program so small business owners can maintain cash flow to grow their businesses. Additionally, the private sector’s equivalent, SupplierPay, will support private sector contracting for small businesses.
Q: What can small businesses do to earn a share of federal contracts?
A: Determine if your small business qualifies for government contracts on SBA.gov. If so, register your business with the federal government’s System of Award Management, the primary database of vendors doing business with the federal government. Once you do this, contact the Oklahoma District Office at 609-8000 to answer any immediate questions.
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