SBA SBA Government Contracting & Procurement 3

Question 1

What is Dynamic Small Business Search (DSBS)?

Accepted Answer

A free online database where small businesses market themselves to prime contractors and agencies

Answer

Dynamic Small Business Search (DSBS) is a free SBA database that allows small businesses to market their capabilities to federal agencies and prime contractors.

Question 2

Which federal law established goals and requirements for small business participation in federal contracting?

Accepted Answer

Small Business Act of 1953

Answer

The Small Business Act of 1953 established the SBA and created the framework for small business participation and set-asides in federal contracting.

Question 3

What is the purpose of the SBA's All Small Mentor-Protégé Program?

Accepted Answer

Allow any small business to partner with a more experienced mentor firm for growth

Answer

The All Small Mentor-Protégé Program allows any small business to receive business development assistance from an experienced mentor firm and compete jointly for contracts.

Question 4

Which government website serves as the primary marketplace for federal contract opportunities?

Accepted Answer

SAM.gov/opportunities (formerly FBO.gov)

Answer

SAM.gov (which absorbed the former FedBizOpps/FBO.gov) is the primary platform where federal agencies post contract opportunities for businesses to find and bid on.

Question 5

What is a Blanket Purchase Agreement (BPA) in federal contracting?

Accepted Answer

A simplified acquisition method establishing accounts with qualified vendors for recurring purchases

Answer

A Blanket Purchase Agreement (BPA) is a simplified acquisition method that establishes a 'charge account' with qualified vendors to fill recurring needs for supplies or services.

(SBA) Small Business Administration Certified Business Practice Test

(SBA) Small Business Administration Certified Business Practice Test

SBA SBA Government Contracting & Procurement 3