Amended Small Business Act will enable access to 20% of gov’t procurement

With the opposition having boycotted the session, the government side of the House on Friday night passed the Small Business (Amendment) Act 2020.

Among others, the amendment tabled by Minister of Tourism, Industry and Commerce, Oneidge Walrond paves the way for small businesses to access at least 20 per cent of government’s procurement of goods, services and works.

The amendment, Walrond said, might be viewed as onerous and bureaucratic with small businesses having to now meet three criteria instead of two before qualifying for the status.