The Small Business Administration (SBA) released its latest scorecard showing that the federal government spent a record $93.3 billion in small business government contracts for the 2008 fiscal year, setting a new record.  It reflects a $10 billion increase from the previous fiscal year. 

The large figure, however, hasn’t managed to impress all small business critics. 

Why weren’t agencies able to meet the 23% goal?

The Small Business Administration (SBA) attributes the average 1.5% short to wartime and homeland security-related contracting.  With defense spending up in 2008 for military equipment, vehicle, transportation, and weapons, there were fewer contracts that could be signed with small businesses.  Additionally, the government spent increased funding for disease vaccine research. 

Did any agencies meet the goal?

Of 25 agencies that have to meet the SBA small business government contracts requirement in the 2008 fiscal year, 13 did. The General Services Administration (GSA) was the single agency to meet all contracting goals including specified allocations to contracts with HUBZone-certified businesses, women-owned small businesses, and veteran-owned small businesses.

The 13 agencies that did sign 23% of contracts to small business were: the Agriculture, Education, Energy, Health and Human Services, Homeland Security, Interior, Transportation, and Veterans Affairs departments; the Environmental Protection Agency, General Services Administration,  NASA, Nuclear Regulatory Commission, and SBA.

 

Related Resources:

  • SBA awards record $93 billion (The Business Review)
  • SBA 2008 scorecard summary (SBA.gov)
  • SBA: Small businesses set record for prime awards in 2008 (WashingtonTechnology.com)

You Don’t Have To Solve This on Your Own – Get a Lawyer’s Help

Civil Rights

Block on Trump’s Asylum Ban Upheld by Supreme Court

Criminal

Judges Can Release Secret Grand Jury Records

Politicians Can’t Block Voters on Facebook, Court Rules