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By: FEDweek StaffOMB has issued further guidance under the administration’s “diverse and resilient federal marketplace” initiative aimed at increasing contracting opportunities for new and recently launched companies, especially small businesses.
OMB memo M-23-11 builds on prior guidance and “establishes a common definition of “new entrant” for federal acquisition, so agencies can baseline, track, and benchmark their progress in bringing entities into the federal marketplace, as well as a common definition of “recent entrant,” so agencies can baseline, track, and benchmark how well they retain new entrants,” it says.
The memo also includes guidance on using a new supplier-base dashboard “to evaluate progress in achieving diversity and resilience” that resource personnel and centers can also use to “gauge how well they are doing at assisting first-time entrants in building their resilience while the federal government works to maintain a more diverse supplier base.”
Other topics include identifying entities “that may be interested in participating in agency procurement competitions,” managing priority supply chains, and more.
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