Washington, DC—Today, Congresswoman Janice Hahn (CA-44) called
for an investigation into why designated federal small business contracts often
are unfairly rewarded to large corporations.
“Contracting is one of the most important ways the federal
government can empower small businesses. But every year, small business
contracts are routinely given to some of our country’s largest corporations, “
said Congresswoman Hahn. “Small businesses should not be losing out on these
valuable contracts to corporate giants!”
An amendment introduced by Congresswoman Hahn directing the U.S.
Government Accountability Office (GAO) to assess the extent of this problem,
identify why this happens, and make recommendations for possible solutions was
unanimously passed today by the House Small Business Committee and received
praise from Committee Republicans Chairman Steve Chabot, Congressman Chris
Collins, and Carlos Curbelo and Ranking Democrat Nydia Velazquez.
The federal government has an annual goal of awarding 23% of all
contracting dollars to small businesses. However, numerous reports have cast
doubt on whether designated small business contracts are actually going to
small businesses. Major corporations including Disney, Apple, Chevron, and Bank
of America have all reportedly received these small business contracts in the
past several years according to reports by the American Small Business League.
“I love my iPhone, and I enjoy taking my grandchildren to
Disneyland, but Apple, Disney and other major corporations should not be
receiving federal contracts designated for small businesses,” said
Congresswoman Hahn. “This problem is pervasive, and I hope that my amendment
will lead us to take the necessary steps to stop the abuses in federal
contracting. When Fortune 500 companies are awarded small business contracts,
small businesses across the country missing out on billions of dollars in
To view full press release, click here: http://hahn.house.gov/press-release/congresswoman-hahn-amendment-calls-investigation-small-business-contracts-unfairly