Federal agencies met the governmentwide small business goal for the fourth straight year in fiscal 2016. Last year also saw a $9 billion increase in the total of prime contracts going to small firms.
What these numbers aren’t showing, and what should really worry the Small Business Administration and the broader contracting community, is the number of small businesses winning prime contracts is dramatically down.
Deltek, the market research firm, analyzed the data and found a 25 percent decrease in the number of small business prime contractors since 2010.
“There are fewer small businesses that are engaging as a prime and that is the same pattern across large businesses,” said Kevin Plexico, the vice president of information solutions at Deltek, during the FedFocus 2018 event in Vienna, Virginia on Oct. 10. “The dollars are holding steady but the number of prime participants is declining.”
Keep reading this article at: https://federalnewsradio.com/reporters-notebook-jason-miller/2017/10/number-of-small-business-prime-contractors-down-by-25-percent-since-2010/
