|By PR Newswire||
|August 1, 2014 01:46 PM EDT||
WASHINGTON, Aug. 1, 2014 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration today announced that the federal government reached its small business federal contracting goal for the first time in eight years, awarding 23.39 percent in federal contracts to small businesses totaling $83.1 billion of eligible contracting dollars. SBA Administrator Maria Contreras-Sweet made the announcement at a press conference held at the National Aeronautics and Space Administration's (NASA) Goddard Space Flight Center with NASA Administrator Charles Bolden and U.S. Senator Ben Cardin, D-Md.
"When we hit our small business procurement target, it's a win. 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," said SBA Administrator Maria Contreras-Sweet. "Thanks to the President's leadership and a team effort among all federal agencies, we were able to meet this goal."
Performance in four out of five of the small business prime contracting categories showed significant improvement, with increases in performance against statutory goals. While contract dollars have gone down in all categories as a result of overall reduced federal spending, small businesses still secured a greater percentage of the contracting dollars. The SBA has worked with federal agencies to expand opportunities for small businesses to compete for and win federal contracts.
Alongside the announcement, the SBA released the FY 2013 Small Business Procurement Scorecard, which provides an assessment of each federal agency's yearly small business contracting achievement against its goal with 20 agencies receiving an A or A+. Overall, the federal government received an "A" on the government-wide Scorecard.
The individual agency scorecards released today by the SBA, as well as a detailed explanation of the scorecard methodology, is available online at http://go.usa.gov/Nxxd.
SOURCE U.S. Small Business Administration
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