SBA to include overseas awards in scorecards
The Small Business Administration will begin including overseas contracts when tabulating small business contracting goal achievement in fiscal 2016, an SBA official announced.
John Shoraka, associate administrator of government contracting and business development, said the SBA is working with the White House, Defense Department, State Department and U.S. Agency for International Development to include those contracts in the fiscal 2016 baseline, according to the Washington Business Journal.
"Overseas contracts, we couldn’t find a justification to continue to exclude that,” Shoraka said, according to the report.
Shoraka predicted the change would result in an automatic drop in small business goal achievement of as much as 2% in fiscal 2016. The Obama administration reached the 23% small business contracting goal in fiscal 2013.
Currently the SBA excludes about $80 billion in contracts annually from the baseline, including weapons sales to allies. Some advocates have been pressing for inclusion of all contracts in calculating small business participation.
More information: WBJ article: http://goo.gl/6LRkh2