Helping Minority Businesses Gain Equity in the Government Market

Helping Minority Businesses Gain Equity in the Government Market

The Biden administration declared September 18 – 24, 2022 Minority Enterprise Development Week. Also announced a 50% increase that would increase the goal for Small Disadvantage business from 10% to 15% by 2025 and result in about $100 billion more in contract awards to minority-owned businesses over a five-year period. Our experience gives us an understanding of the struggle small business owners face. This is exactly why it is our mission to provide resources and solutions that help small business owners avoid pitfalls and win more contracts.

What is OASIS Plus?

What is OASIS Plus?

GSA’s office is currently working on a draft proposal for OASIS+ and continually releasing updates based on industry comments. The new OASIS+ will include many of the benefits of the renowned OASIS Multi-Agency contract with many added features and increased scope. The final is expected to be released in early 2023 if not sooner.

What is the FM QSMO Marketplace?

What is the FM QSMO Marketplace?

Financial Management Quality Service Management Office (FM QSMO) is an initiative created to help achieve the US Treasury modernize the financial systems in various agencies. They have teamed with GSA to establish a new Special Item Number 518218FM on the GSA Schedule.

GSAAdvantage! Common Catalog Platform Pilot Coming

GSAAdvantage! Common Catalog Platform Pilot Coming

The Common Catalog Platform, or CCP, is a new web-based application developed by GSA to improve vendors’ experience, improve efficiency and address accessibility issues. GSA will release CCP as a pilot to Office Supplies 4th generation (OS4) contractors in 2023. With the updates to the modification process, GSA hopes the catalog becomes an integrated part of the modification process.

What is the Industrial Funding Fee (IFF)?

What is the Industrial Funding Fee (IFF)?

It is important for GSA Schedule holders to understand the Industrial Funding Fee (IFF). As a self-funding agency, the IFF allows GSA to collect revenue with every product/service sold through a GSA contract. It is imperative that contractors fulfill their obligations and remain compliant by reporting sales and paying this IFF.

How Does the Mentor-Protégé Program Work?

How Does the Mentor-Protégé Program Work?

The SBA Mentor-Protégé Program (MPP) is designed to cultivate strong protégé firms through mentor-provided business development assistance, and to help protégés successfully compete for government contracts. As of November 16, 2020, the 8(a) Mentor-Protégé program and...
What is the Micro Purchase Threshold?

What is the Micro Purchase Threshold?

The Micro Purchase Threshold (MPT) is the maximum dollar amount that an authorized buyer can purchase without having to go through acquisition bidding processes and they preferred method of payment is the Government Purchase Card. What this simply means, is that the...
What is the Polaris GWAC

What is the Polaris GWAC

The Polaris Government-wide Acquisition Contract (GWAC) is part of the efforts to support small businesses as well as historically marginalized and underserved small businesses. Polaris will now include a Service-Disabled Veteran-Owned Small Business (SDVOSB)...
GSA to Host Small Business Event 

GSA to Host Small Business Event 

GSA will be hosting Small Business Works 2021 September 29, 2021. Small Business Works is a virtual small business training and matchmaking event. GSA is hoping the event provide attendees tools and resources to succeed in the Federal Marketplace. Small Business Works...

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