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In 1953 Congress passed the Small Business Act, which created the Small Business Administration (SBA) that is charged with overseeing the small business program. Public Law 95-507 amended the Small Business Act to include subcontracting with small businesses and required agencies to establish goals for contracting with small businesses.
Goals are negotiated every year to ensure small businesses receive fair and equal opportunities for federal contracts. (Note: FY 2024 goals will be posted soon.)*.
Small Business: 40%
Contact Marcus Benefield, small business specialist.
Small Business Programs
Supplier Diversity Program
Department of the Treasury Acquisition Procedures (DTAP)
Federal Acquisitions Regulation (FAR)
Department of the Treasury Acquisition Regulation (DTAR)
General Services Administration (GSA)
Small Business Administration (SBA)