Los Angeles has announced a new policy that gives LGBTQ businesses—those owned by members of the lesbian, gay, bisexual, transgender and queer community—opportunities in contracting and procurement, as well as for capacity building and educational programs from small businesses. This places the city as the United States’ largest municipality in population and economic size to have such a policy.
a Human Touch
The Perfect Balance
The U.S. Small Business Administration (SBA) released proposed changes to the small business procurement rules, including several provisions to the National Defense Authorization Acts (NDAA) of 2016 and 2017, and the Recovery Improvements for Small Entities After Disaster Act of 2015 (RISE Act). The new proposed rule is expected to have a substantial impact on small business contracting.