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In FY2020, the government met small business goals for 8th year in a row
Small business awards rose 9.6%; but eligible awards up 11.7%
The government awarded 26.02% of all eligible prime contracts to small businesses in fiscal 2020, exceeding the statutory 23% goal, the Small Business Administration announced in its annual Small Business Procurement Scorecard. It is the eighth year in a row that the goal was met.
Prime awards to small contractors rose to $145.7 billion in fiscal 2020, up from $132.9 billion in fiscal 2019. That is a $13 billion increase, or 9.6%.
While that growth was impressive, it was not as high as the more substantial boost in total federal contract spending in that period. Federal contract spending soared, and small business contracts apparently were carried along...more....
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Next issue: Sept. 10, 2021
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Inside this edition:
In FY2020, the government met small business goals for 8th year in a row
Industry wants to extend Section 3610
Biden announces new vaccine, mask rules for federal vendors
A stronger Buy American rule
Biden picks OFPP head
HSBC OKs 7 small business bills
Limitations on subcontracting final rule
‘Good faith effort’ in FAR
FY2020 Federal Agency Small Business Goals Summary Report
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Senate OK’s $1.2T bipartisan infrastructure bill
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SBA PCRs’ authorities spelled out in FAR
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8(a) STARS III named ‘Best in Class’
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Minimum wage comments now due by Aug. 27
Coronavirus Update
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