Government Receives High Scorecard for SBA Contracting Goal

October 6, 2020

The Small Business Administration (SBA) FY 2019 Scorecard Summary shows the Federal government exceeded their small business contracting goal of 23 percent, awarding 26.5 percent (nearly $133 billion) of federal contract dollars to small businesses consisting of: small disadvantaged business (10.29 percent), women-owned small business (5.19 percent), and for service-disabled veteran-owned small business (4.39 percent). This is only the second time that the government reached the five-percent goal for women-owned small business since the scorecards were released in 2007.

While the SBA has not explained these increases, according to Pillsbury, reasons include: federal procurement increase in information technology services (saving businesses investment in equipment), a growth in government-wide acquisition contracts, and recent changes to SBA rules and the Department of Defense class deviation that increased the threshold. Pillsbury concludes that small business contracting may continue to increase “…the SBA’s announcement demonstrates that the government is committed to achieving its small business contracting goals and will continue to provide significant opportunities for small businesses.”

Please contact Hope Lane at 301.231.6266 or for questions or assistance with your federal government contracting issues.