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Agencies Break Records Meeting Small Business Contracting Goals
Government Executive: Agency buyers met and exceeded their statutory goal of awarding 23 percent of contract dollars to small businesses in fiscal 2014, the Small Business Administration announced on Friday, handing out a best-ever 24.99 percent of awards to eligible small firms and topping the previous record of 23 percent last year.
Small businesses overall received $91.1 billion in federal contracts, an increase of $8 billion over the fiscal 2013, according to SBA's annual score card. The evolving methodology of the score card has been criticized by some lawmakers.
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