Under the new leadership of Trump appointee Linda McMahon, the Small Business Administration last week released its annual scorecard on federal agencies’ small business contracting, proclaiming that the government overall met its mandatory goals for the fourth year running.
The average agency award rate of 24.34 percent of contracting dollars in fiscal 2016 going to qualified small businesses totaled $99.96 billion, a bump-up of $9 billion over fiscal 2015, SBA reported. While all the goals were met, the percentages of money going to small firms were slightly lower than those of fiscal 2015.
Prime contracting dollars rose in all set-aside categories, and the government exceeded the Small Disadvantaged Business goal and had its highest achievement ever for percentage of contract dollars awarded to Service-Disabled Veteran-Owned small businesses.
“It is a win-win for federal agencies to get small business contracts into the hands of the innovative small business owners that create jobs in their communities and help to fuel the nation’s economy,” McMahon said.
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