Obama Admin. achieves record 24.99% in small biz procurement

SBA announces 23% goal met for second year in a row in FY14

     The Obama Administration reached a record 24.99% in federal contracting with small businesses in fiscal 2014--the highest percentage since goals initially were set in 1997, officials announced.

      U.S. agencies exceeded the government’s 23% goal for small business contracting for the second year in a row, according to the announcement from the Small Business Administration.

      Small vendors received a total of $91.7 billion in federal contracts, an increase of $8.6 billion over fiscal 2013 levels, the SBA said.

      “We’re celebrating the federal government’s best year ever,” SBA Administrator Maria Contreras-Sweet said....

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Fiscal 2014 Small Business Goals Report

Washington Insider: