This briefing covers active market intelligence, regulatory guidelines, and tactical capture recommendations for federal and defense contractors pursuing opportunities in this procurement classification.
SMALL BUSINESS CONTRACTING- The government met its goal of awarding at least 23 percent of federal contracting dollars to small businesses last year, the Small Business Administration said last week.
Small companies got 23.88 percent of contracting funds, for a total of $105.7 billion, up $5 billion from 2016. It was the fifth straight year that the government reached the 23 percent goal set by Congress.
The government didn’t reach its goal of giving women-owned businesses 5 percent of contracting dollars, for the second straight year. Companies owned by women got 4.7 percent of contract funds.
The government did surpass its 3 percent goal for contracting funds for businesses owned by veterans disabled while in the military; 4.1 percent of contracting dollars went to those companies. Small disadvantaged businesses, those with an owner who is socially or economically disadvantaged, got 9.1 percent of contracting dollars, surpassing the 5 percent goal.
Want the Full Solicitation & Recompete Pipeline on This Topic?
GovPurchase tracks 1.2M+ active and historical records, contracting officers, and expiring awards.