New to government contracting: All Small Mentor-Protégé Program

BY BORIS HERTSLET

The federal government has a goal of awarding 23% of all prime government contracts to small businesses.

Furthermore, the federal government breaks down this percentage into four small-business set-asides: 5% for women-owned small businesses, 5% for 8(a) certified small businesses, 3% for HUBZone certified small businesses and 3% for service-disabled veteran-owned small businesses. With prime contracts on Guam averaging $650 million annually, local small businesses are set to win $150 million in prime contracts this year. To get a piece of this action, small-business owners should give some . . .

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