SBA Press Release–Quick Pay on Federal Contracts

From: Brown-Dixon, Patricia:Patricia.Brown-Dixon

This is a statement from SBA Administrator Karen Mills on the president’s announcement today that the federal government will institute a QuickPay system for contract payments to small businesses.

QuickPay will cut in half – from 30 days to 15 days – the amount of time it takes federal agencies to pay small businesses for the products and services they deliver to the federal government.

<<11-51 Statement on QuickPay.doc>>

Patricia Brown-Dixon

Regional Administrator

U.S. Small Business Administration

Serving Missouri, Iowa, Nebraska, Kansas

1000 Walnut, Ste 530

K.C., MO 64106

(816) 426-4840

Fax 202 481-6364

11-51 Statement on QuickPay.doc