A common business strategy in the federal market is tostart as a small business, taking advantage of the socioeconomicpolicy that requires large businesses to subcontractto small, disadvantaged businesses andagencies to award 23 percent of their prime contracts to them.
A recent court decision highlights the risks that a governmentcontractor faces when the government believes that thecompany has made false statements in proposals, or otherdocuments, that it has submitted to the government.
Vangent supplies systems integration and other services to defense and civilian agencies with a focus on health care, and now the company is looking for partners with the right skills and location.
The government services mergers and acquisition market has been consistently active since 2001. But today it's more of a bipolar M&A market driven by the small-business recertification requirements that took effect July 1.
A new subpart to the Federal Acquisition Regulation took effect that requires contractors to establish a code of business ethics and conduct and to take steps to promote ethics and early discovery of improper conduct.
Small and woman-owned businesses will face more scrutiny this year and perhaps fewer awards, largely due to the new recertification rule introduced by the SBA and a proposed SBA rule change to the women's contracting program.
DOD has issued several new contracting rules, including one that restricts lead systems integrators with a financial interest in an acquisition from working on it.
The Small Business Administration's attempt to give women who own small businesses better odds of getting a government contract may not help after all, lawmakers say.