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Friday, June 20, 2008

Kiplinger | Small Business Set-Aside Reform More Likely

Today, Kiplinger released a story regarding the American Small Business League and its critisizm of federal small business contracting programs, the Small Business Administration (SBA) and the Bush Administration. The story is titled, "Small Business Set-Aside Reform More Likely, " by Tosin Mfon. The story states:

"Pressure to fix the small business set-aside program is mounting. Half the federal contracts designated for small businesses in 2005 and 2006, about $100 billion a year, went to big firms, including multinational corporations. That's according to documents the Small Business Administration (SBA) handed over to the American Small Business League (ASBL) under court order this month.

Stricter controls are likely next year. Certification procedures have already been adjusted once by the SBA to cut down on abuses, but Congress and small business groups want the agency to do a lot more."

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