Contracting and small businesses

Friday - 4/24/2009, 5:04pm EDT

Jason Miller

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The General Services Administration says there is a huge difference between schedule contracts and multiple award contracts when it comes to small business laws.

GSA issued a memo saying schedule contracts are not covered by a recent Government Accountability Office decision and a ruling that requires agencies to set-aside any contract where two or more small businesses are qualified. This is commonly known as the Rule of Two.

The problem, very few agencies and vendors understand why there is a difference.

FederalNewsRadio's Jason Miller has details about how this decision affects agency contracting.