Monday, April 03, 2006

Small Business: FEMA to direct $1.5 billion in contracts to small business

The Federal Times, reports that the Federal Emergency Management Agency plans within the next two weeks to invite bids from small and disadvantaged companies in the Gulf Coast for $1.5 billion worth of reconstruction contracts.

The contracts are part of a new procurement strategy FEMA unveiled last month after it was criticized for awarding billions of dollars worth of contracts without competition and without benefiting small, local firms. The agency will request company bids for the work by Nov. 18 and award the contracts by Feb. 1, FEMA announced Nov. 3.

Full article: FEMA to steer $1.5 billion in contracts to small companies