The federal government is notorious for missing its goal of awarding 23 percent of contracts to small businesses, a target that Washington has missed for at least seven straight years. The government also sets targets for granting contracts to businesses owned by women, minorities, service-disabled veterans, and firms located in disadvantaged neighborhoods. Some agencies are better than others at hitting these goals, but on the whole, the results aren’t very inspiring.
Danielle Ivory’s story in Bloomberg News today on government contracting to black- and Hispanic-owned businesses asks if government contracting can even keep up with the growing Hispanic population... READ MORE
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