Small businesses have a big stake in the federal marketplace, and the Small Business Administration sets a high bar for the rest of the federal government to do business with them.
Agencies met many of those standards last year, according to SBA’s annual Small Business Procurement Scorecard, awarding nearly $133 billion in small-business prime contracts and exceeding SBA’s goal to have 5% of prime contracts go to women-owned small businesses.
This marks only the second year that agencies met or exceeded the women-owned small business contracting goal since SBA set that benchmark, although agencies have fallen just shy of the governmentwide goal in recent years.
Eight agencies earned an ‘A+’ on the scorecard and 14 agencies received an ‘A.’ Agencies that showed the most improvement include the Office of Personnel Management and the Department of Veterans Affairs — which both went from a ‘B’ to an ‘A.’
Keep reading this article at: https://federalnewsnetwork.com/contracting/2020/08/agencies-exceed-women-owned-small-business-contracting-goal-years-after-falling-short/