Small Business Contractor Boost Targeted in White House Guidance

Jan. 25, 2024, 9:54 PM UTC

Small businesses selling to federal agencies would have more opportunities to get spots on multiple-award contracts following White House guidance issued Thursday.

Agencies are encouraged to plan for on-ramps to long-term contracts in the document from the Office of Management and Budget laying out ways to increase participation of small vendors in the federal procurement market.

On-ramps for multiple-award contracts allow new vendors to bid on work during a contract’s period of performance.

The memo also offers clarification about the “rule of two” award regulation, which requires an agency to seek a small business contractor when it reasonably expects bids ...

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