Panel told of abuse in small-business set-asides

Small government contractors often violate regulations by passing on most of the work and profits to large businesses, a practice that crowds out legitimate small businesses from the federal market, according to a House oversight panel Thursday.

"When a prime contract is set aside for a small business, the government wants to make sure that the small business is not simply a front for a large business, so the Small Business Act requires that the small business perform a certain percentage of the work," said Rep. Mick Mulvaney (R-S.C.), chairman of the subcommittee on contracting and workforce.

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Carol D. Leonnig 07 Oct, 2011

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