julio 2, 2019

Federal Government Achieves Small Business Contracting Goal for Sixth Consecutive Year with Record-Breaking $120 Billion to Small Businesses

Eight Federal Agencies Receive A+ Rating on FY2018 Small Business
Federal Procurement Scorecard

WASHINGTON – Today, the U.S. Small Business Administration announced that the federal
government exceeded its small business federal contracting goal for the sixth consecutive
year, awarding 25.05 percent in federal contract dollars to small businesses totaling $120.8
billion, an increase from the previous fiscal year of nearly $15 billion. The Fiscal Year 2018
Small Business Federal Procurement Scorecard marks the first time more than $120 billion in
prime contracts has been awarded to small businesses. Overall, the federal government
earned an “A” on this year’s government-wide scorecard.

“I’m happy to report that for the first time in history the federal government has awarded
more than $120 billion in federal contracts and marked the sixth year in a row exceeding our
target milestones for small businesses,” said Acting Administrator Chris Pilkerton. “Through
these businesses, we strengthen the economy, and support the American workforce in the
process. For example, the federal prime and subcontract awarded to small businesses in
FY18 equate to more than one million jobs created. Every contract that gets in the hands of a
small business is a win-win for our nation, the entrepreneurs, their employees and the
communities they support all across the country.”


Continue Reading

Leave a Comment

Your email address will not be published.