How one small word change could mean many more contracting dollars for small businesses

Sometimes it’s the nuance in a phrase that matters most. For small government contractors, that appears to be the case in the federal procurement rulebook.

The Federal Acquisition Regulation, a long list of contracting rules established by the heads of several agencies, requires all large companies bidding on prime contracts to specify what percentage of the money awarded would flow through to small-business subcontractors.

By J.D. Harrison

Full Story: http://www.washingtonpost.com/business/on-small-business/how-one-small-word-change-could-mean-many-more-contracting-dollars-for-small-businesses/2014/05/22/30b4c0d8-e106-11e3-9743-bb9b59cde7b9_story.html