Government Contracting Network
(GovConNet)
Midsize Initiative
The Montgomery County Chamber of Commerce (MCCC) GovConNet Midsize Initiative focuses on addressing the challenges midsize companies face with federal contracting.
As small companies become larger and more successful, many federal government contracts become out of reach because businesses with more than $38.5 million in revenue must compete with the largest enterprises with over $500 million in revenue.
As small companies become larger and more successful, many federal government contracts become out of reach because businesses with more than $38.5 million in revenue must compete with the largest enterprises with over $500 million in revenue.
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“Launching this initiative provides our midsize members more ‘runway’ to transition from a small federal contractor to a thriving midsize company. If we can help this segment succeed in the federal market space, everyone wins—the federal government, the local economy, and the workforce employed by this sector.”
- Gigi Godwin, President of MCCC |
Our advocacy efforts for our Midsize Initiative focus on modifying these key areas:
MAC Requirements
MCCC advocates to bring Multiple Award Contracts (MAC) requirements in line with the capabilities of midsize firms.
This is essential to sustaining midsize business’ participation on these MACs, and diversifying the types of businesses that engage the federal market.
This is essential to sustaining midsize business’ participation on these MACs, and diversifying the types of businesses that engage the federal market.
Small Business Administration Regulations
MCCC is advocating to create the requirement of a five-year look-back for Small Business Administration (SBA) size determination.
Modifying the receipt calculation, to use the lowest three of the preceding five years of receipts to determine the average, will give businesses time to transition during the long contract award process.
Modifying the receipt calculation, to use the lowest three of the preceding five years of receipts to determine the average, will give businesses time to transition during the long contract award process.
Size Determination Legislation
Our advocacy efforts work to modify size determination standards, so businesses can deduct research and development (R&D) expenses and expenditures from total revenue for size determination.
This recommendation supports the government’s initiative to stimulate innovation while allowing companies to pursue and develop new products and processes, without undue penalty.
This recommendation supports the government’s initiative to stimulate innovation while allowing companies to pursue and develop new products and processes, without undue penalty.
