Small Business Program for Federal Contracts

African American researcher prepares material for viewing under a microscope.

Background

The Small Business Program gives small businesses an opportunity to compete for business. For federal contracts (not grants) greater than $650,000, a subcontract plan must be provided to the federal agency. This plan should document the small business participation in the contract.

NYU Approach

The Small Business Program at New York University (NYU) is administered by the Purchasing Department. For federal contracts (not grants) greater than $650,000, the Principal Investigator (PI) and Department Administrator (DA) must work with the Purchasing Department to develop a Subcontract plan.