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News | Feb. 2, 2024

Rule of Two: OMB Issues Guidance to Increase Small Business Participation on Multiple Award Contracts

By Suzanne Zurn

On January 25, the Office of Management and Budget issued guidance on strategies federal agencies should adopt to enable small businesses to participate in multiple-award contracts. This guidance encouraged early engagement and planning for multiple-award contracts to maximize opportunities for small business contract holders; additional consideration of “on-ramps” to allow for businesses to be added during the performance period of the multiple-award contract; and the use of small business set aside orders for competition among small businesses.

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