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THURSDAY, SEPTEMBER 6, 2001

The Bush administration is considering making it easier for minority-owned and women-owned firms to gain federal contracts, The Washington Post reports today.

The policy would affect a program called direct conversion. Direct conversion allows certain disabled and prison organizations to get federal contracts without competing for them.

The Bush proposal would expand direct conversion to small businesses owned by minorities, women, and veterans, and those located in distressed urban zones. An urban zones is defined by the Small Business Administration (SBA) as a "HUBZone".

Native American- and Alaska Native-owned firms would also qualify.

The Minerals Management Service, a bureau of the Department of Interior, recently awarded a five-year, $100 million contract to a company owned by the Wyandotte Nation of Oklahoma. The company fell under the HUBZone definition, said officials.

Get the Story:
Bush Weighs Help For Minority Firms (The Washington Post 9/6)

Relevant Links: HUBZone, Small Business Administration - https://eweb1.sba.gov/hubzone/internet

Related Stories:
Wyandotte company awarded $100M contract (8/17)