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SBA Government Contracting & Procurement Flashcards

6 cards from real SBA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 SBA Government Contracting & Procurement flashcards as text

  1. What is the U.S. government's annual small business contracting goal as a percentage of federal prime contracts?

    Answer: 23%

    The U.S. government has a statutory goal of awarding 23% of federal prime contract dollars to small businesses each year.

  2. Which SBA program helps small businesses compete for federal contracts by allowing agencies to set aside contracts exclusively for them?

    Answer: Small Business Set-Aside Program

    The Small Business Set-Aside Program allows federal agencies to restrict competition for certain contracts to small businesses only.

  3. What does 'HUBZone' stand for in the SBA HUBZone program?

    Answer: Historically Underutilized Business Zone

    HUBZone stands for Historically Underutilized Business Zone, targeting areas with low income or high unemployment.

  4. Under the SBA 8(a) Business Development program, what is the maximum length of time a firm can participate?

    Answer: 9 years

    The 8(a) Business Development program is a 9-year program divided into a 4-year developmental stage and a 5-year transition stage.

  5. What is the primary purpose of the System for Award Management (SAM.gov) for small businesses seeking government contracts?

    Answer: Register as a federal contractor and be searchable by agencies

    SAM.gov registration is required for small businesses to be eligible to receive federal contracts, grants, and other awards.

  6. Which certification allows women-owned small businesses to compete for federal set-aside contracts?

    Answer: WOSB/EDWOSB Certification

    The Women-Owned Small Business (WOSB) and Economically Disadvantaged WOSB (EDWOSB) certifications allow eligible businesses to compete for set-aside federal contracts.

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Sources & references

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  1. sba.gov — Test delivery, eligibility, renewal, score release, score validity · verified Oct 2026
SBA Government Contracting & Procurement Flashcards — SBA Study Cards with Answers