Business goals

DVIDS – News – NAVFAC Pacific exceeds targets for small businesses amid COVID-19 pandemic

Naval Facilities Engineering Systems Command (NAVFAC) Pacific area of ​​operations awarded more than $ 1.87 billion in federal contracts to U.S. small businesses in the federal government’s 2021 fiscal year. The amount represents over 45% of NAVFAC’s total of $ 4.17 billion in small business prices, exceeding all socio-economic targets.

The $ 1.87 billion includes contract awards in the following categories, each of which exceeded individual command targets: disadvantaged small businesses at $ 1.3 billion; Small business owned by women at $ 317 million; Small business owned by disabled veteran on duty at $ 159 million; and Historically Underutilized Business Zone at $ 614 million.

“As the COVID-19 pandemic has had a devastating impact on the country’s economy, the commitment and dedication shown by program managers, contracting professionals, field activities and professionals and small business representatives from NAVFAC Pacific made this achievement possible, ”said the Rear Commander of NAVFAC Pacific. Adm. Dean VanderLey. “It is evident that the team has worked cohesively to overcome barriers to small business programs to meet our goals for fiscal 2021.”

The mission of NAVFAC Pacific Office of Small Business Programs is to maximize opportunities for small businesses, expand our industrial base, and stimulate competition to advance the Indo-Asia-Pacific maritime strategy by supporting top engineering experts and Navy infrastructure in the Pacific. This is accomplished by ensuring that we structure our acquisition strategies to reduce barriers for small businesses to participate as a principal or subcontractor.

According to the Small Business Administration (SBA), the nation’s nearly 30 million small businesses represent 99.9% of all U.S. businesses.

“Small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established,” said Regina Pasqualucci, NAVFAC Pacific Small Business Assistant. “In addition, small businesses tend to bring innovation and agility to the Navy and to the combatant, while also creating competition resulting in lower costs for NAVFAC programs. ”

NAVFAC’s dedication to the Navy’s “Small Business – The First Option” is a policy that maximizes opportunities for small businesses that contribute to national security by providing combat power to our troops and the economic stability of our country .

During fiscal year 2021, NAVFAC Pacific participated in five virtual industry forums, which were of critical importance to the industry as they provided insight into NAVFAC’s mission to determine what that they can bring to the fight.

The next industry event that NAVFAC Pacific will attend is the Society of American Military Engineers Small Business Conference, which will be held this week, November 15-19, 2021, and December 2-3, 2021 as an event. hybrid with both virtual and in-person presence in Atlanta, GA.

“NAVFAC will have a strong representation at the event with key leadership addresses, NAVFAC booths for small businesses, as well as virtual briefings and matchmaking networking opportunities,” Pasqualucci said.

The SBA assigns small business performance goals to all government agencies annually. The target for the NAVFAC Pacific Small Business operating area for fiscal 2022 is 44%.

Date taken: 11/18/2021
Date posted: 11/18/2021 8:37 PM
Story ID: 409650
Site: SEAL BASE PEARL HARBOR-HICKAM, US

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