Government Operations committee  The default rate is usually dependent upon the type of program it is and the population that we target. It's a rate of about 8%.

Government Operations committee  This is Jim Parker. I'd like to just add on to what Eugene said. There are a couple of different ways of defining small. The two broad areas are, we define small by the number of employees, and we also define small by revenue. With the number of employees, you can have as few as about 100 employees and still be considered small, or as many 1,250 employees and still be considered small.

Government Operations committee  I'd like to weigh in a little on that. Eugene is absolutely right, we do not want to have a police state, and honestly, it would take a crew of hundreds if not thousands of people to run a really strong oversight of that kind of thing. However, as a practical matter, the small businesses themselves are very quick to bring any kind of violation to the contracting officer's attention.

Government Operations committee  Simplified contracting has been around for really quite a long time.

Government Operations committee  I personally got into procurement in 1984. That threshold in 1984 was $25,000. So it's been in existence since at least 1984.

Government Operations committee  Oh. That's very nice to hear. Thank you so much.

Government Operations committee  No.