January 10 2014 Copyright (c) 2014 Business Research Services Inc. 301-229-5561 All rights reserved.

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  • Government to hit 23% goal for FY13?

    With more than 90% of awards reported, the federal government appears likely to hit the 23% goal for small business contracting for the first time since 2005, according to the White House’s online Small Business Dashboard.

    As of Jan. 5, the dashboard showed 23.29% of all eligible federal contracts in fiscal 2013 had gone to small businesses.

    Small vendor awards for fiscal 2013 total $83 billion to date. That compares to $90 billion in fiscal 2012. The SBA generally announces the official tallies in July each year.

    In the last 13 years, the government has met the 23% goal only three times--in fiscal 2003, 2004 and 2005.


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