Close Menu
BmoreNews.com
  • Home
  • News
  • Politics
  • Business
  • Editorial/Op-Ed
  • The Glover Report
  • Black Wall Street
  • Video
Trending
Natasha Eli Recognized at Black Wall Street ATL

Natasha Eli Recognized at Black Wall Street ATL

Terry Miles Recognized at Black Wall Street ATL 2025

Terry Miles Recognized at Black Wall Street ATL 2025

BMORENews Facebook Photo Albums Tell the Story of Black Excellence

BMORENews Facebook Photo Albums Tell the Story of Black Excellence

Facebook X (Twitter) Instagram
  • About
  • Advertise
  • Contact
Facebook X (Twitter) YouTube
BmoreNews.com
  • Home
  • News
  • Politics
  • Business
  • Editorial/Op-Ed
  • The Glover Report
  • Black Wall Street
  • Video
Newsletter
BmoreNews.com
  • News
  • Politics
  • Business
  • Editorial/Op-Ed
  • The Glover Report
  • Black Wall Street
  • Video
Home » Reps. Mfume, Alford Introduce Bill to Improve Transparency in Small Business Contracting
Business

Reps. Mfume, Alford Introduce Bill to Improve Transparency in Small Business Contracting

Staff ReporterBy Staff ReporterApril 17, 2024603 ViewsNo Comments3 Mins Read
Share Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Copy Link
Follow Us
Google News Flipboard
Reps. Mfume, Alford Introduce Bill to Improve Transparency in Small Business Contracting
Rep. Kweisi Mfume (D-MD)

(WASHINGTON, D.C. – April 17, 2024) – Today, U.S. Congressman Kweisi Mfume (D-MD) and Congressman Mark Alford (R-MO) introduced the Transparency and Predictability in Small Business Opportunities Act, a bipartisan initiative to improve transparency and accountability in the bidding process for small, minority, and women-owned businesses aiming to provide their products or services to the federal government.

“Our nation’s small, minority, and women-owned businesses embody the resiliency and determination of the American dream and are a driving force in our economy. However, the current bidding process for small businesses hoping to contract with the federal government too often leaves our local entrepreneurs in the dark when a solicitation is canceled without full disclosure,” said Congressman Mfume. “This bipartisan legislation I am introducing, alongside Republican Congressman Alford, would provide small businesses with total transparency regarding canceled solicitations, which will in turn empower them to amend their business strategies and plan for future bids going forward,” he concluded.

Congressman Alford stated: “Small businesses are the lifeblood of this nation, and right now government agencies are not doing everything they can to support them. I’m proud to co-lead the Transparency and Predictability in Small Business Opportunities Act to address this issue. This legislation will require agencies to be accountable when they cancel contract solicitations, leaving small businesses to face thousands or tens of thousands of dollars lost. Additionally, this bill would force the existing Offices of Small and Disadvantaged Business Utilization to help small businesses find contracting opportunities,” he said.

Once a federal agency determines they have a need for certain products or services, the agency’s acquisition personnel will post a solicitation on the federal government’s SAM.gov website for a contract to fill the requirements. When responding to a solicitation, small businesses can spend significant time and costs to prepare a proposal.

The Transparency and Predictability in Small Business Opportunities Act would require the Small Business Administrator to:

  • Issue regulations addressing canceled solicitations for small business contracts to provide for the disclosure of additional information; and
  • Require a federal agency’s Office of Small & Disadvantaged Business Utilization (OSDBU) help small businesses seek additional opportunities if a solicitation on which they made an offer is canceled.

Background Information – Federal Government Solicitation Cancellation

  • Once a federal agency determines they have a need for certain products or services, the agency’s acquisition personnel will post a solicitation on the federal government’s SAM.gov website for a contract to fill the requirements.
  • This solicitation will identify what the agency intends to buy, the procedures they will use to do it, and a deadline for companies to submit bids or proposals.
  • When responding to a solicitation, small businesses can spend significant time and costs to prepare a proposal. Federal agencies have broad discretion to amend or cancel solicitations.
  • Generally, when an agency cancels a solicitation, the reasons are unknown to offerors and there are no universal requirements that the agency provides any information either to the public or to the companies that have provided an offer.
  • There are circumstances where the solicitations have been modified, usually as a result of corrective actions, to the extent that it is simply easier to start over. Agencies may also cancel and then reissue the solicitation for the same work, rather than amend the existing solicitation.
  • Other times, the work may no longer be necessary, or the agency may procure the same work in a different way. Additionally, issues can arise due to budget changes or unavailability of funding for the contract.

Alford Introduce Bill to Improve Transparency in Small Business Contracting Reps. Mfume
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
Previous ArticleRev. Freddie Haynes Resigns from New Presidency of Rainbow/PUSH Coalition
Next Article Eric Stephenson, the Ravens, & M&T in Sandtown

Keep Reading

TGR: The Power of Finding Your Lane
July 9, 2025

TGR: The Power of Finding Your Lane

By Doni Glover
TGR: New Baltimore: Mayor’s Renaissance in Progress featuring Bramble, Stokes, Thomas, & Rolley
July 9, 2025

TGR: New Baltimore: Mayor’s Renaissance in Progress featuring Bramble, Stokes, Thomas, & Rolley

By Doni Glover
Governor Moore Announces  Million in Grant Awards and a New Philanthropic Fund to Support Vacancy Reduction in Baltimore City
July 7, 2025

Governor Moore Announces $50 Million in Grant Awards and a New Philanthropic Fund to Support Vacancy Reduction in Baltimore City

By Doni Glover
From Towson to TV: How Rondy Griffin is Shaping the Media Landscape
July 6, 2025

From Towson to TV: How Rondy Griffin is Shaping the Media Landscape

By Doni Glover
P. David Bramble: Carrying the Torch, Rebuilding the Harbor
July 5, 2025

P. David Bramble: Carrying the Torch, Rebuilding the Harbor

By Doni Glover
Morgan State University and SEA Foundation to Forge Historic Alliance to Advance Global Education, Innovation and Leadership Development
July 4, 2025

Morgan State University and SEA Foundation to Forge Historic Alliance to Advance Global Education, Innovation and Leadership Development

By Morgan State University
Add A Comment
Leave A Reply Cancel Reply

Latest News
Terry Miles Recognized at Black Wall Street ATL 2025

Terry Miles Recognized at Black Wall Street ATL 2025

BMORENews Facebook Photo Albums Tell the Story of Black Excellence

BMORENews Facebook Photo Albums Tell the Story of Black Excellence

Have You Been to BMORENews.com Lately?

Have You Been to BMORENews.com Lately?

TGR: The Power of Finding Your Lane

TGR: The Power of Finding Your Lane

Trending News
Emmy-nominated Doni Glover Show: Black Indians. Indigenous. Atochthonous.

Emmy-nominated Doni Glover Show: Black Indians. Indigenous. Atochthonous.

July 9, 2025
TGR: New Baltimore: Mayor’s Renaissance in Progress featuring Bramble, Stokes, Thomas, & Rolley

TGR: New Baltimore: Mayor’s Renaissance in Progress featuring Bramble, Stokes, Thomas, & Rolley

July 9, 2025
Op/Ed: Redefining School Board Leadership: Equity, Accountability, and Community

Op/Ed: Redefining School Board Leadership: Equity, Accountability, and Community

July 9, 2025

Subscribe to News

Get the latest Baltimore news and updates directly to your inbox.

Facebook X (Twitter) YouTube
2025 © BmoreNews.com. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Subscribe to Updates

Get the latest news and updates directly to your inbox.