Upcoming Policy Events & Training Calendar
Upcoming Webinars and Events:
- Give Me 5 225: Perfect your WOSB Elevator Pitch
Wednesday, May 29th, 3pm ET / 12pm PT
- Give Me 5 223: The Ins and Outs of Joint Ventures
Wednesday, June 26th, 3pm ET / 12pm PT
- Give Me 5 210: The OASIS on the Horizon
Wednesday, July 10th, 3pm ET / 12pm PT
FAQ - Procurement Committee Forum
The Procurement Committee Forum is designed to provide answers to Frequently Asked Questions about federal contracts from Give Me 5 Instructors and members of WIPP's Procurement Committee.
The federal government buys a variety of products and services from toilet paper to complex defense systems, so it may indeed buy what you sell. The government keeps track of its purchases through classification codes known as the North American Industry Classification System, or NAICS, codes. To determine whether or not the government buys what you sell and identify potential contracts, you need to know your industry NAICS code/s. If you offer more than one good or service, you will need to know the NAICS codes applicable for each offering. You can find a list of NAICS codes at http://www.census.gov/eos/www/naics/.
Using a NAICS code, you can search www.USAspending.com or the Federal Procurement Data System (FPDS) www.fpds.gov to determine which agencies buy the product or service you sell, the dollar value of purchases, the contracting method the agency used (e.g., GSA schedule, purchase order, Blanket Purchase Agreement (BPA), etc.), contact information for the agency that made the purchase and much more.Answer provided by Angela Dingle, President, Ex Nihilo Management LLC
The U.S. Small Business Administration (SBA) uses size standards to determine whether U.S. based for-profit businesses are considered “small”. Size standards for each industry are determined by average annual revenues and/or number of employees that a business may have to be considered small. The industry standards are defined by North American Industry Classification System (NAICS) codes: http://www.census.gov/eos/www/naics/.
A business is considered small if it is organized for profit, operates in the US, is at or below the size standard for its primary industry, is independently owned and operated, and is not dominant in its field. For example, a business that provides Human Resources Consulting Services (541612) is considered small if its average annual revenues over a three year period is less than or equal to $7 million while a business that provides Custom Computer Programming Services (541511) is considered small if its average annual revenues over a three year period is less than or equal to $25 million. Visit the SBA Size Standards Page at www.sba.gov/size for additional information and a table of size standards.Answer provided by Angela Dingle, President, Ex Nihilo Management LLC
Give Me 5 102 Top level guide on what business owners should be doing after they complete their registration on the Central Contractor Registration. Topics discussed include a review of the CCR record, SBA profile, the Small Business Dynamic Search Process, and an overview of how the federal government buys products and services Course Instructor: G. LaVern Jackson, President, Joint Logistics Managers
To qualify for Woman Owned Small Business (WOSB) program, you must either self-certify as a WOSB or be certified by an SBA approved third party certifier. You must meet the eligibility requirements for the WOSB Program and register your status in the Central Contractor Registration (CCR), Online Representations and Certifications Application (ORCA) and the WOSB Program Repository in order to take advantage of the program. The WOSB program has two components: 38 Industry NAICS codes are open to all women owned small businesses (WOSBs) to bid and 45 industry NAICS codes are open only to WOSBs who are considered economically disadvantaged (EDWOSBs).
To be eligible for participation in the WOSB program, a small business must be 51% unconditionally owned and controlled by one or more women who are U.S. Citizens. This means that the management, long term decision making and day-to-day operations of the business must be controlled by one or more women. For detailed information regarding eligibility requirements for the WOSBs and EDWOSBs, how to become certified, and a list of third party certifiers, www.sba.gov/wosb, or go to Give Me 5’s WOSB Page for a full list of podcasts and resources .Answer provided by Angela Dingle, President, Ex Nihilo Management LLC