Washington Technology: Biden’s equity review will likely touch small business contracts

“On day one in office, Biden signed the “Executive Order on Advancing Racial Equity and Support for Underserved Communities Through the Federal Government.” The order rescinds President Trump’s EO 13950 that banned certain anti-bias and discrimination training.

But Biden’s order does more than just the ban. It also calls for agencies to conduct an “equity assessment,” which includes looking at barriers underserved communities and individuals face when accessing federal benefits and programs.

This includes barriers to ‘agency procurement and contracting opportunities.’…”

“The impact of the EO isn’t clear right now but it’s obvious it’ll touch on a variety of procurement programs. While the term “Small Business” doesn’t appear in the order, the most likely programs that can move the needle for minority participation are government contracting goals.

This potentially will impact traditional small business programs such as the 8(a), woman-owned and HUBzone contracting programs, but could also lead to more requirements and goals for subcontracting under full-and-open contracts…” Read the full article here.

Source: Biden’s equity review will likely touch small business contracts – By Nick Wakeman, January 22, 2021. Washington Technology.

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