Feds Reached Small Biz Contracting Goal

August 6, 2014

pic-contract-meetingLast week, the U.S. Small Business Administration (SBA) released its FY2013 Small Business Procurement Scorecard and announced that for the first time in eight years the federal government reached its annual 23 percent small-business contracting goal. SBA Administrator Maria Contreras-Sweet, joined by NASA Administrator Charles Bolden and Sen. Ben Cardin (D-Md.) a member of the Senate Small Business and Entrepreneurship Committee, announced the results on Friday Aug. 1 at NASA’s Goddard Space Flight Center in Greepic-contract-meetingnbelt, Md. According to the new scorecard, federal agencies awarded 23.39 percent or $83.1 billion of contracts to small businesses. The FY2013 tally increased government-wide small-business prime contract spending by more than a full percentage point compared to FY2012.

“When we hit our small business procurement target, it’s a win,” said SBA Administrator Contreras-Sweet “Small businesses get the revenue they need to grow and create jobs, and the federal government gets the chance to work with some of the most responsive, innovative and nimble companies in the U.S. while the economy grows.”

The government wide scorecard also reports that in FY2013 they exceeded their prime contracting goals for small disadvantaged businesses, awarding 8.61 percent (or $30.6 billion); and service disabled veteran-owned small businesses received 3.38 percent (or $ 12 billion) in federal prime contracts. However, the results fall short of their five percent goal for women-owned small businesses, who received 4.32 percent, as well as their three percent goal for HUBZone businesses, which received 1.76 percent. Compared to FY2012, this report shows progress was made in all segments except for HUBZone businesses which declined .25 percent.

John Shoraka, Associate Administrator for Government Contracting and Business Development at the SBA, on Aug. 1 wrote on the SBA’s blog that for the first time under the current Scorecard methodology, three federal agencies received an “A+” grade, and an additional 17 received an “A” grade for meeting or exceeding their goals. The top three performers for FY2013, receiving an A+ grade, were the Department of Interior, the Department of Transportation and the Office of Personnel Management.

NSBA firmly believes that when the federal government invests in small businesses, it is investing in the most dynamic and innovative sector of our economy. With more than 65,000 small-business members across the nation, NSBA is an outspoken advocate to ensuring that small businesses have equal access to federal contracts. NSBA applauds the progress made, but urges more can and should be done to ensure fairness for small firms within the federal marketplace.

The Procurement Scorecard and agency specific data can be found here.