The Small Business Administration may allow small businesses with outside investors to obtain set-aside federal research funds, Jill Aitoro reports on the Washington Business Journal. Under a proposed rule, small businesses majority-owned by outside investors could qualify for the Small Business Innovation Research Program and the 1992 Small Business Technology Transfer Act. Businesses would be eligible [...]
The Office of Federal Procurement Policy raised the executive compensation benchmark to $763,029 annually, up $70,000, according to a Monday Federal Register post. The benchmark, previously set at $693,951, is the amount the government can reimburse private companies for its top five executives. Total wages, salaries, bonuses, restricted stock and deferred and performance incentives are [...]
Citizant plans to expand its Chantilly, Va. headquarters to house new business development and program delivery employees, the company announced Tuesday. The company said it will add 15 new employees in the 2,500 square-foot section of the campus. Staff at headquarters has nearly doubled since 2007, when the company relocated to Chantilly, according to Citizant [...]
URS Corp. has won a position on a $35 million Army contract to support the branch’s programs for utility monitoring and security systems, the Defense Department announced Monday. The San Francisco-based engineering and federal contracting firm will compete for task orders to perform work and the Army will determine the work location with each task [...]
Deltek Chief Knowledge Officer Ray Bjrklund said federal agencies have $709 billion to spend on contracts, according to Fedscoop. At the Federal Outlook conference in McLean, Va., he said federal agencies are starting to create new contracting opportunities by re-prioritizing their budgets. Bjrklund said the Defense Department needs contractors to support both Afghanistan’s security forces and [...]
The federal government should increase its goal of small business prime contract awards from 23 to 25 percent, according to a panel of lawmakers. A House Armed Services Committee panel recommended the increase in a Monday report. The Panel on Business Challenges Within the Defense Industry and also recommended Congress and the Defense Department review its [...]
D.C. Mayor Vincent Gray launched his small business initiative Friday aimed at stimulating the local economy and giving small businesses additional contracting opportunities. Gray launched HUB D.C. at the Regus business center. HUB D.C. is part of the Small Business Administration‘s Historically Underutilized Business Zone program. To be included in the HUBZone program, companies must meet SBA [...]
