Friday, June 29, 2007

GSA cuts 197 small businesses from GWAC

The General Services Administration did not renew option years for nearly half of the businesses on a GSA governmentwide acquisition contract set aside solely for 8(a) firms, an agency official confirmed today.

Of the original 416 companies, 197 businesses on the 8(a) Streamlined Technology Acquisition Resources for Services (STARS) GWAC are no longer on the contract, said Mary Parks, GSA’s director of small-business GWACs.

A clause in the contract required companies to reach $100,000 in sales in the contract’s three base years. If a firm missed that mark, GSA would not exercise the contract’s option years, which is what happened with those 197 companies.

Read rest of the story: FCW.com News - GSA cuts 197 small businesses from GWAC

No comments: