Less than 5% of the businesses in the United States do business with the U.S.
The U.S. Government is the largest company in the world. Approximately $1
billion in new opportunities in the services sector of Government contracting
were available to bid on by private business each day.
The federal government signs over 11 million contracts a year.
Companies are winning and are awarded new contracts daily. About 95% of federal
contracts are awarded to small- and medium-sized business vendors.
Government procure services range from Food Services and Janitorial projects to
complex space flight systems development.
A Small Business Set-Aside Program (SBSA) was developed to help assure that
small businesses are awarded a fair proportion of government contracts by
reserving certain government purchases exclusively for participation by small
business concerns. Any contract that has an anticipated dollar value between
$2,500 and $100,000 in value is reserved for small, small disadvantaged,
woman-owned, and small veteran-owned businesses.