Small Business Contracts

Every year 23% of all Federal contracts are suppose to be awarded to "small businesses". But according to Eagle Eye, a Virginia research firm that tracks federal spending, "at least 16 companies with more than $1 billion in annual revenues were among the top 100 small business contractors in 2008".Recently Republican Hank Johnson has introduced The Fairness and Transparency in Contracting Act of 2009, "which prohibits publicly traded and foreign-owned companies (or their subsidiaries) from being classified as U.S. small businesses for government contracting purposes."

With the large companies out of the running for the federal contracts, start contacting your local, county, state, and federal agencies to see what type of contracts they have coming up and most importantly find out how you can qualify to bid for the contract.