E65: Bridging the Procurement Gap — How New Regulations Empower Small Businesses

In this episode of Gov Tech Today, hosts Russell Lowery and Jennifer Saha discuss a significant rulemaking process initiated by the Department of General Services (DGS) to change small business and Disabled Veteran Business Enterprise (DVBE) procurement processes. They examine the new statutory mandate requiring 25% of state spending to go to small businesses and 3% to DVBEs. Jennifer highlights the impact on technology procurements and the potential for leveling the playing field for small businesses. The conversation also delves into the increased contract limit from $250,000 to $3.5 million for small business procurements and the need for education and awareness within both government and vendor communities. The episode closes with a look at the opportunities and challenges this new regulation presents.00:00 Introduction to Govtech Today00:29 Regulatory Changes in Small Business and DVB Procurement02:08 Impact on Technology Procurement04:11 Small Business and DVB Off-Ramp Procurement06:49 Increasing the Procurement Limit09:33 Educating the Business Community15:24 Conclusion and Future Outlook