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Exploratory Analysis of the Impacts of Acquisition Reform Initiatives on Small Business Participation in the Aerospace Industry
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The United States Government is a major purchaser of goods and services within the nation and overseas. In addition to having the responsibility of acquiring goods and services for the direct benefit of the Government at a price, level of quality, timeliness and other terms and conditions that reflect the best value to the nation, the persons involved in procurement for the Government must also do so in way that reflects certain socio-economic goals set forth by the Congress. The Small Business Act (15 USC ? 637, Public Law 85-536 (1958) established the beginnings of a program to assist domestic small businesses in competing for Federal procurements. The small business act requires that small business concerns be afforded the maximum practicable opportunity to participate in Federal contracts and subcontracts.
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