Small- and Medium-sized businesses on equity in federal contracting.

The General Services Administration, or GSA, recently held a meeting with small- and medium-sized businesses to discuss ways to promote equity in federal contracting. The meeting focused on the challenges and opportunities faced by small businesses in the federal marketplace, and how the GSA can help these businesses navigate the process and compete for government contracts.

The GSA is committed to increasing opportunities for small and disadvantaged businesses in federal contracting. As part of this effort, the agency has launched a government-wide program to help these businesses understand the process and take advantage of available resources.

During the meeting, the GSA discussed tools and best practices for achieving success as federal contractors and provided information on contract opportunities for underserved communities. The agency also highlighted its efforts to create an equitable procurement process, in line with the Biden-Harris Administration’s commitment to equity and inclusion.

Overall, the meeting was a productive and informative discussion on how to promote equity in federal contracting and support the growth and success of small and disadvantaged businesses.

The following highlights showcase the government’s commitment to promoting equity and inclusion in the federal procurement process, providing a more level playing field for small and disadvantaged businesses.

  • Increasing the percentage of small-disadvantaged business (SDB) contracts to 15% by 2025, with a goal of 11% in 2024.

  • Developing tools and resources to help agencies find new businesses and track progress toward equity goals.

  • Holding agency leaders accountable for meeting small business contracting goals.

  • Ensuring agency small business contracting offices have direct reporting lines to senior leadership.

  • Promoting transparency and streamlining the acquisition process to save costs and support small businesses.

  • Implementing reforms to level the playing field for all contracting entrepreneurs through a more equitable and transparent federal procurement system.

  • Enhancing opportunities for diverse businesses in federal contracts through inclusive procurement roundtables.

  • Utilizing programs like the Access to Government Procurement Opportunities (AGPO) to embed the equal distribution of wealth and access to business opportunities.