Review to help small business win more federal contracts

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 90%

United States News News

United States United States Latest News,United States United States Headlines

The Small Business Ombudsman will review federal contracting rules for small and medium businesses in a bid to weed out any poor behaviour.

How government departments deal with small businesses looking to win government contracts will be under the spotlight with a review seeking to weed out any poor behaviour.

doubled to 20 per cent the proportion of contracts, by value, targeted at SMEs, defined as an Australian or New Zealand firm with fewer than 200 full-time equivalent employees, and required they be paid within 30 days. In 2021-22, the government awarded $80 billion in contracts. Of these, about a third, or nearly $25 billion in value, went to SMEs.

“In some cases, small businesses are deterred by a feeling there is a ‘closed shop’ while in other cases they simply don’t know about the opportunities available, or the size of the contract can be simply too big.” “It’s great to see the Australian government’s commitment to be a bigger customer for small businesses,” Mr Billson said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thanks. I’ll call him today - again. They really don’t have much knowledge

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fire sparked inside Sydney small business by faulty heat gunA fire broke out inside a Maroubra phone shop after a heat gun malfunctioned and set the store alight. 9News HELP GERECHTIGKEIT MENCEHN RECHTE UNERLAUBT CIIHP EINGEZETS GEHIRN VARRELMANN STR 5 30453 HANNOVER
Source: 9NewsSyd - 🏆 23. / 51 Read more »

Biden reacts to Nashville school massacre at business eventAfter a 28-year-old woman shot and killed three students and three teachers at a Christian private school in Nashville Monday, President Biden urged reporters not to overlook the mental health of those who survived the horror. He's the problem. BidenWorstPresidentEver
Source: SkyNewsAust - 🏆 7. / 78 Read more »

This couple took over a friend’s business, then made it a phenomenonGanni has long been beloved by its Australian customers. Now it finally has a home here.
Source: FinancialReview - 🏆 2. / 90 Read more »