Small-Business Pairing on Contracts Falls Short, GAO Says
The federal government doesn’t have a system that can help pair small business subcontractors with prime contracts, and existing contract-tracking systems aren’t up to the job either, according to a report by the Government Accountability Office.
FCW reports that connecting small business to prime contracts matters because federal law requires prime contractors to make good-faith efforts to award a portion of their subcontracts to small businesses, and in some cases to have small business subcontracting plans.
In a report released Dec. 11, GAO said it assessed the feasibility of using existing federal contract-reporting systems to connect small business subcontractors with prime contracts, and identified actions federal agencies are taking to help in the effort, FCW reports.
