Eric M. Thorson, Inspector General U.S. Small Business Administration Before the Committee on Small Business and Entrepreneurship, United States Senate, July 12, 2006
… take action to reduce regulatory loopholes that allow over-reporting of small business procurements. We believe this is … of governmental policies. Although the extent of such over-reporting is unknown, studies that we and the GAO have … this was allowed by regulation, the fact that SBA is reporting contracts performed by large firms towards meeting …