Recently, the Biden administration announced a set of reforms to the federal procurement process to increase opportunity for all underserved businesses.
Tag Archive: federal contractors
The SBA announced that the federal government exceeded its small business contracting goal. For FY20, small businesses received $145.7 billion in federal contract dollars, a $13 billion increase from the previous year.
On Feb. 24, the DOL issued a proposed rule, with a meager 30-day comment period, that requires federal contractors to provide at least seven paid sick days per year.
On Sept. 29, a House Small Business Subcommittee held a hearing examining an Executive Order which requires federal contractors and some subcontractors with contracts exceeding $500,000 to disclose labor violations and their efforts to correct them.
In his State of the Union Address last night, President Barack Obama announced plans to sign an Executive Order increasing the minimum wage from $7.25 to $10.10 per hour for federal contract workers.