Bornstein & Song Research Launches Website on the Federal Strategic Sourcing Initiative (FSSI)

OAKHURST, N.J. - July 31, 2013 - PRLog -- Oakhurst, NJ, Bornstein & Song, The federal government is implementing the mandatory-use of FSSI on a fast track across all government spending. Having determined that the FSSI is going mostly unnoticed and the soon-to-be-affected federal contractors are unaware of the implications of this controversial and risky policy, Bornstein & Song decided to alert the business community and express their concern about the Unintended Consequences, such as the displacement of small businesses, lost jobs, and the negative impact on the U.S. economy.

Bornstein & Song announce the launch of a new website at www.bornsteinsongfssi.com as an informational tool to alert the federal government and the federal contracting community of the dangers of the FSSI program.  They have been researching the FSSI since its inception in 2010 when it was implemented for the federal government purchases of Office Supplies. The results were not pretty.

The Mandatory-Use aspect of the FSSI was clearly expressed in the December 5, 2012 Office of Management and Budget (OMB) “Memorandum for the Heads of Executive Departments and Agencies - Improving Acquisition through Strategic Sourcing”.  Businesses who sell to the federal government must be aware that as their Office Supplies colleagues have seen their businesses shattered by the FSSI, the same may be expected for the entire government contracting community as the FSSI will be mandated across all Federal Agency spending.

Highlights of the Website www.bornsteinsongfssi.com    

This website has vital information on the FSSI from Bornstein & Song Research:

100+ Testimonials from Contractors and Vendors who have been Affected by the FSSI

Transcript of the FSSI JanSan & MRO GSA Pre-Solicitation Meeting, May 15, 2013, with Prof. Bornstein’s pointed questions and the GSA responses

Articles and Legislative Committee Hearing Testimony by Prof. Samuel D. Bornstein

Bornstein & Song FSSI National Surveys for Office Supplies and JanSan & MRO.       Data is Stronger than Words.  These Surveys will provide data and evidence, derived from the feedback of the affected contractors and vendors,which will illustrate the true impact of the FSSI on small business.

Bornstein & Song FSSI Office Supplies National Survey to Assess the GSA  BPA Schedule 75  (June 2010 – June 2013)

Bornstein & Song FSSI JanSan & MRO National Survey - June 2013.

Contact Us:Contractors and vendors express how the FSSI has impacted their business.  This is especially directed towards JanSan & MRO vendors to help Bornstein & Song monitor the FSSI.        

Alert! Breaking News!: This section will be frequently updated for important developments.  

The Bornstein & Song has researched the FSSI since its inception in June 2010.  Their research has demonstrated that the FSSI is responsible for the shrinkage and displacement of a significant number of businesses selling to the federal government, including small businesses identified as minority, women-owned, veterans, and disabled veterans. The financial distress for these small businesses and resulting job loss for their employees has been the cause of much pain and suffering which has adversely impacted the U.S. economy by contributing to unemployment, small business failure, personal and business bankruptcies, mortgage defaults, foreclosures, and has delayed the economic recovery.

Sense of Urgency

There is an immediate sense of urgency as the Office of Federal Procurement Policy (OFPP) and the OMB are moving on a fast track to implement the FSSI in August 2013 for the Janitorial/ Sanitation Products (JanSan) and Maintenance, Repair, and Operations Supplies (MRO). “Mandatory is what we’re moving toward.There will be winners and losers, and not all who want to sell to the government can sell to the government,” stated Joseph Jordan, Administrator of the OFPP.

ABOUT BORNSTEIN & SONG:   A Faith-Based Vehicle for Good          

Bornstein & Song Research, since 2000, has been driven by their faith-based belief that they have been given this unique opportunity to be a "vehicle for good" to address issues which impact the small business community and the U.S. economy.

Without any outside funding, Bornstein & Song has devoted their time, effort, and money to research Small Business Issuessuch as Strategic Sourcing in the Federal and State Government.  Their research included other issues of concern such as Small Business Failure; Small Business Financial Literacy; the Unrecognized Link between Small Business, Jobs, Toxic Mortgages, and the Housing Crisis; and Small Business Access to Credit.

Prof. Samuel D. Bornstein is a nationally recognized specialist on small business issues as they relate to the business community and to the economy at large.   He has testified and authored small business legislation in various States and testified on the Impact of Strategic Sourcing before a California State Assembly Committee which was evaluating the California Strategic Sourcing Program.  

He presented Bornstein & Song Research which quantified the economic, social, and other costs to the government which previously were not considered when California implemented Strategic Sourcing for State government contracts.  As a result, the California Strategic Sourcing Initiative Program (CSSI) was put On-Hold.

Samuel D. Bornstein is a 35 year Professor of Accounting & Taxation at Kean University School of Business, Union, NJ.  

Jung I. Song, CPA is managing partner of Bornstein & Song CPAs & Consultants in Oakhurst, NJ.

Contact: Prof. Samuel D. Bornstein

Bornstein & Song Research 732-493-4799 bornsteinsong@aol.com          Website:  www.bornsteinsongfssi.com