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There are still reasons to doubt whether the government is meeting its contracting goals for small businesses, despite the Small Business Administration’s report that 25 percent of federal procurement dollars went to small companies in fiscal 2014.
“Large firms continue to receive contracts that are counted toward small business goals,” the SBA’s inspector general concluded in its annual report on the agency’s most serious management challenges.
Under a goal set by Congress, small businesses are supposed to receive 23 percent of the federal government’s contracting dollars.
Some big businesses may be misrepresenting their size to the government, but other cases of inaccurate reporting of small business contracting data may be due to mistakes by procurement officials, the inspector general concluded. In either case, small businesses are harmed because they lose out on contracts that should have gone to them, and the SBA’s credibility is damaged.
Read more: Big businesses still getting contracts meant for small businesses, SBA’s inspector general reports
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