Small Business in Name Only: How the Feds Keep You Out of Big Contracts!
Description
On today’s Daily Windup, I’m breaking down one of the biggest misconceptions in government contracting—what it really means to be considered a “small business.” You might think $20 million in annual revenue makes you a big player, but under federal rules, you’re still classified as small. In fact, construction companies don’t lose that “small business” label until they pass $36.5 million a year in revenue. I also walk through how IDIQ numbers are built, why every contract over $3,500 must be posted, and how you can use FedBizOpps for smarter market research.
I also share insights from agencies like the VA, where projects start at $100 million and up, showing just how different “small” looks in the federal space. More importantly, I cover the practical strategies small businesses can use to compete—mentor-protégé programs, teaming agreements, and partnering with larger firms to help them hit subcontracting goals. If you’re trying to figure out how your $20 million business fits into a $100 million marketplace, this episode is for you.
United States
