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The federal government awarded 25 percent of its prime contracting dollars to small businesses in fiscal 2014, according to the Small Business Administration.
That marks the second consecutive year that federal agencies have met the government’s 23 percent small business contracting goal, something rarely achieved in the past.
There are some caveats: some contracts, such as contracts awarded for overseas work, are excluded from the base of contracts considered in this goal report. If they were included, the small business share of total contracts likely would be lower. Plus, there are bound to be cases where contracts that were awarded to large businesses were mistakenly counted as small business contracts.
The SBA, however, “has made significant progress in increasing the transparency and reliability of its Scorecard methodology and the reliability of data provided by agencies,” said SBA Associate Administrator John Shoraka, who heads the agency’s government contracting office, in testimony at a House hearing this week.
Read more: SBA says government beat small business contracting goal for second consecutive year
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