Gov. Josh Shapiro signs an executive order to up the percentage of state revenue to be spent on comonwealth contracts with small, diverse businesses and assist them in helping to land those contracts.
along these lines that more than doubled that spend over his time in office. It jumped to 11.3% last year from 4.9% in 2015.
Shapiro also is calling on the General Assembly to change the definition of a small business as one that has up to 500 employees, instead of the current 100 employee cap. This change as well as raising the revenue limit are consistent with the federal Small Business Administration’s requirements, according to administration officials.
“We are missing opportunities to incorporate our small businesses into our shared prosperity, which holds them – and really all of us – back. We must do better,” the governor said. Additionally, administration officials led by Lt. Gov. Austin Davis will form a panel to advise commonwealth agencies on ways to make contracting opportunities more inclusive. General Services and PennDOT also will establish working groups to conduct outreach to the small businesses and provide technical support to help them compete for commonwealth business.
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