SMALL BUSINESS

Federal government meets 2013 small biz spending goal

Goal met for the first time in eight years

The federal government has reached its small business procurement goal for the first time in eight years, according to the Small Business Administration.

In fiscal 2013, the federal government awarded 23.39 percent in federal contracts to small businesses for a total of $83.1 billion, SBA said in a release.

Contract dollars have gone down overall as a result of generally reduced federal spending, but the federal government still awarded small businesses a greater percentage of contracting dollars.

“This is a groundbreaking and proud achievement for the federal government and especially for our small businesses,” said SBA associate administrator for government contracting and business development John Shoraka in a blog.

“When small businesses win federal contracts, it strengthens the American job market and boosts our nation’s economy. When small businesses are able to play an integral role in the federal supply chain, it’s a win-win for America,” he said.

SBA attributed meeting the goal to the Obama administration’s commitment to making small business contracting a priority.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

Reader Comments

Tue, Aug 5, 2014 OnTheHill United States

I'm glad the SBA is proud. But, I must admit to often wondering how just awarding contracts to a small business creates jobs and boosts the nation's economy. Those objectives are only achieved if the small business is more innovative and/or has a superior product. I suspect that a lion's share of this "proud achievement" was accomplished through "Low Price Technically Acceptable" awards. These are the opposite of "innovative" - just who will go lowest on price for butts in seats. It would be more impressive if Small Business won on the basis of Best Value. These Small Business targets are really "Mockro Economic"[sic] - they are merely artificial tampering that makes the market less efficient. Perhaps SBA should get the Golden Fleece award?

Mon, Aug 4, 2014 Joe Marino

Careful before claiming victory here until the details are known. For example, on NAVSEA's Seaport-e contract, Large Businesses are "grandfathered" in as SB for an extended period of time. When these LB win, it is counted as a SB award

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