Kerry Fights to Get Small Businesses Fair Share of Gulf Recovery Contracts

[kerrygoddess]

Kerry Fights to Get Small Businesses Fair Share of Gulf Coast Recovery Contracts
October 12th, 2005

Today, John F. Kerry sent a letter to the head of the Small Business Administration (SBA) urging him to do more to ensure small businesses are awarded contracts related to Hurricane Katrina rebuilding efforts.

Citing recent reports showing that over 90 percent of prime contracting dollars were given to companies from outside the affected area and that 80 percent of Federal Emergency Management Agency (FEMA) contracts were awarded with little or no competition, Kerry called upon the SBA to take immediate action on behalf of small businesses in the Gulf Coast.

“Given the administration’s woeful record of delivering loans and resources to small businesses and the sheer size of the reconstruction effort, there needs to be a legitimate effort to guarantee small companies can compete for their fair share in the rebuilding effort as prime contractors. That’s a win-win because it helps rebuild the Gulf Coast while helping the small businesses which are the engine of our economy,” said Kerry, top Democrat on the Committee on Small Business and Entrepreneurship.

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