Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
CLM 059 Questions and Correct Answers |
Latest Update
Small businesses operate in an environment that includes a variety of entities, each with its
own interests and influence on small business participation in Government acquisition
Congress generates the legislation that impacts acquisition regulations and
policy.
Since the Depression of the 1930s, when Congress first enacted legislation to help businesses
recover from financial difficulties, Congress has enacted a number of laws; such as the Budget
Control Act of 2010 and an annual National Defense Authorization Act (NDAA), that support
and promote small businesses. The Small Business Act of 1953 created national policy to
provide maximum opportunity for small businesses to participate in Government acquisitions as
prime contractors and subcontractors. Additionally, the Act officially established the Small
Business Administration (SBA) to implement the national policy. Other laws have established
procurement goals for small businesses in Federal acquisitions.
Assistance and Advocacy Groups
Advocacy groups such as Procurement Technical Assistance Centers, Small Business
Development Centers, and Chambers of Commerce provide assistance to small businesses.
They educate organizations on how small businesses can help them accomplish business with
their agency.
Small businesses see the federal government as potential customer that is
rich with opportunities
~ 1 ~ for inquiry mail me @
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
Office of Management and Budget (OMB) / Office of Federal Procurement Policy (OFPP)
As the President's executive agent for budget, finance, acquisition, and performance
management, the Office of Management and Budget (OMB) promulgates many policies that
impact small businesses. These are issued as OMB circulars and memos. The Office of Federal
Procurement Policy (OFPP), which is part of OMB, provides overall direction for Government-
wide procurement policies, regulations and procedures to promote economy, efficiency, and
effectiveness in acquisition processes, including Small Business Programs.
Federal Agencies
All Federal agencies in the Executive Branch of the Federal Government are charged with
maximizing opportunities for small businesses. Each agency has small business and
socioeconomic goals to achieve, including the Department of Defense (DoD).
DoD is the largest Federal agency with the greatest share of the Federal Government's
budget and thus the greatest responsibility for doing business with small businesses. For the
Government to achieve the Federal-wide small business goal, DoD must achieve its small
business goal.
Small Business Administration (SBA)The Small Business Administration (SBA) creates regulations
that ensure that small business interests will be protected. SBA's representatives are
~ 1 ~ for inquiry mail me @
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
responsible for aiding, assisting, and protecting the interests of small businesses in Government
procurements.
Other Than Small Business
While large businesses, educational institutions, non-profits and other entities that are not small
businesses may view small businesses as privileged competitors, they also recognize that there
are benefits in partnering with small businesses in Government contracts.
Small businesses are important to our nation; they strengthen the foundation of our economic
security and industrial base. Additionally, small businesses are just as important to DoD.
Because small businesses are nimble and can respond rapidly to our needs, they can help DoD
realize greater efficiency and flexibility, take advantage of innovative technologies and
approaches, and improve military readiness.
Small businesses drive economic growth in the United States. The Small
Business Administration (SBA), Office of Advocacy, is the statistical arm of
SBA. Part of their mission is to conduct, sponsor, and promote economic
research that provides an environment for small business growth.
While they regularly publish reports and other documents on economic research and statistics,
their Frequently Asked Questions (FAQ) document is very helpful for learning and
communicating national small business contributions.
~ 1 ~ for inquiry mail me @
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
Summary statistics on tangible small business contributions on a per project or program basis
(cost, schedule and performance contributions) are difficult to track in DoD. There is no
centralized database to capture and report these types of small business success stories. As
Acquisition Professionals, you can help mitigate these challenges by sharing your small business
success stories (quantitative and qualitative) with your local SBP and leadership. These success
stories generally make it into public affairs articles, annual performance
appraisals/recognition, and your Component/agency annual inputs for SBA's Scorecard, which
SBA uses for measuring and grading agency small business performance.
Despite the difficulties in manually collecting/reporting the tangible small business
contributions, the DoD is the most significant agency when it comes to influencing Federal small
business performance outcomes. This is
The SBA's representatives are responsible for aiding, assisting, and
protecting the interests of small businesses in Government procurements.
The Office of Federal Procurement Policy provides overall direction for Government-wide
procurement policies, regulations, and procedures to promote economy, efficiency, and
effectiveness in acquisition processes, including Small Business Programs.
Within the Department of Defense (DoD), small business begins with the
Department's Office of Small Business Programs (OSBP).
The DoD OSBP, an arm of the Office of the Under Secretary of Defense (OUSD) for
Acquisition, Technology, and Logistics (AT&L), provides policy and oversight for the
~ 1 ~ for inquiry mail me @
CLM 059 Questions and Correct Answers |
Latest Update
Small businesses operate in an environment that includes a variety of entities, each with its
own interests and influence on small business participation in Government acquisition
Congress generates the legislation that impacts acquisition regulations and
policy.
Since the Depression of the 1930s, when Congress first enacted legislation to help businesses
recover from financial difficulties, Congress has enacted a number of laws; such as the Budget
Control Act of 2010 and an annual National Defense Authorization Act (NDAA), that support
and promote small businesses. The Small Business Act of 1953 created national policy to
provide maximum opportunity for small businesses to participate in Government acquisitions as
prime contractors and subcontractors. Additionally, the Act officially established the Small
Business Administration (SBA) to implement the national policy. Other laws have established
procurement goals for small businesses in Federal acquisitions.
Assistance and Advocacy Groups
Advocacy groups such as Procurement Technical Assistance Centers, Small Business
Development Centers, and Chambers of Commerce provide assistance to small businesses.
They educate organizations on how small businesses can help them accomplish business with
their agency.
Small businesses see the federal government as potential customer that is
rich with opportunities
~ 1 ~ for inquiry mail me @
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
Office of Management and Budget (OMB) / Office of Federal Procurement Policy (OFPP)
As the President's executive agent for budget, finance, acquisition, and performance
management, the Office of Management and Budget (OMB) promulgates many policies that
impact small businesses. These are issued as OMB circulars and memos. The Office of Federal
Procurement Policy (OFPP), which is part of OMB, provides overall direction for Government-
wide procurement policies, regulations and procedures to promote economy, efficiency, and
effectiveness in acquisition processes, including Small Business Programs.
Federal Agencies
All Federal agencies in the Executive Branch of the Federal Government are charged with
maximizing opportunities for small businesses. Each agency has small business and
socioeconomic goals to achieve, including the Department of Defense (DoD).
DoD is the largest Federal agency with the greatest share of the Federal Government's
budget and thus the greatest responsibility for doing business with small businesses. For the
Government to achieve the Federal-wide small business goal, DoD must achieve its small
business goal.
Small Business Administration (SBA)The Small Business Administration (SBA) creates regulations
that ensure that small business interests will be protected. SBA's representatives are
~ 1 ~ for inquiry mail me @
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
responsible for aiding, assisting, and protecting the interests of small businesses in Government
procurements.
Other Than Small Business
While large businesses, educational institutions, non-profits and other entities that are not small
businesses may view small businesses as privileged competitors, they also recognize that there
are benefits in partnering with small businesses in Government contracts.
Small businesses are important to our nation; they strengthen the foundation of our economic
security and industrial base. Additionally, small businesses are just as important to DoD.
Because small businesses are nimble and can respond rapidly to our needs, they can help DoD
realize greater efficiency and flexibility, take advantage of innovative technologies and
approaches, and improve military readiness.
Small businesses drive economic growth in the United States. The Small
Business Administration (SBA), Office of Advocacy, is the statistical arm of
SBA. Part of their mission is to conduct, sponsor, and promote economic
research that provides an environment for small business growth.
While they regularly publish reports and other documents on economic research and statistics,
their Frequently Asked Questions (FAQ) document is very helpful for learning and
communicating national small business contributions.
~ 1 ~ for inquiry mail me @
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
Summary statistics on tangible small business contributions on a per project or program basis
(cost, schedule and performance contributions) are difficult to track in DoD. There is no
centralized database to capture and report these types of small business success stories. As
Acquisition Professionals, you can help mitigate these challenges by sharing your small business
success stories (quantitative and qualitative) with your local SBP and leadership. These success
stories generally make it into public affairs articles, annual performance
appraisals/recognition, and your Component/agency annual inputs for SBA's Scorecard, which
SBA uses for measuring and grading agency small business performance.
Despite the difficulties in manually collecting/reporting the tangible small business
contributions, the DoD is the most significant agency when it comes to influencing Federal small
business performance outcomes. This is
The SBA's representatives are responsible for aiding, assisting, and
protecting the interests of small businesses in Government procurements.
The Office of Federal Procurement Policy provides overall direction for Government-wide
procurement policies, regulations, and procedures to promote economy, efficiency, and
effectiveness in acquisition processes, including Small Business Programs.
Within the Department of Defense (DoD), small business begins with the
Department's Office of Small Business Programs (OSBP).
The DoD OSBP, an arm of the Office of the Under Secretary of Defense (OUSD) for
Acquisition, Technology, and Logistics (AT&L), provides policy and oversight for the
~ 1 ~ for inquiry mail me @
