As more businesses, especially small, are looking for more
opportunities in a shrinking economy the world of federal contracts
are looking more and more appealing. The maze of small business
certifications can be very confusing. When you add to the mix
terminology that gets into the daily conversations that are
incorrect, you have the perfect storm of confusion in a marketplace
that can already be a challenge for the new comers. Make a point of
understanding the difference between the uses of the term 'set
aside' versus 'sole source' in federal procurement. People have the
tendency to use the term set aside thinking and meaning sole
source. A set-aside means that the government can determine that
there are enough of one type of companies…let's say for example
'small' to be able to 'set aside' a requirement for only small
businesses to compete for that work. It does not mean that a
requirement will be 'sole sourced' or 'directed' or awarded to a
firm without competition. It means that eligible small businesses
can compete on a more level playing field to compete among
themselves for a specific requirement. I have found this confusion
in terminology even used by well intentioned and seasoned
government employees.