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Aug 21 2020    Next issue: Sept 4 2020

excerpt of FY2019 Small Business Goals Summary Report

Small biz buys rose to $132.9B in FY2019; WOSB 5% goal met

     The government’s procurements from small businesses comprised 26.5% of all eligible procurements in fiscal 2019, exceeding the 23% goal for the seventh year in a row, the Small Business Administration announced.

      Small firms benefited from expanding federal acquisitions, which hit an all-time high of $578.4 billion last year, according to USASpending.gov.

      Of those contracts, $501.5 billion worth were deemed eligible for small business competition or set-asides, and small companies won a record high value of contract awards totaling $132.9 billion in fiscal 2019, the SBA said in a news release.

      The small business percentage also got a boost from double credits given for certain types of set-asides, SBA officials said. The total value of those credits was not immediately available.

      Other achievements from the SBA’s annual Small Business Procurement Scorecard for fiscal 2019 included: ...more....

Click to pull up the Set-Aside Alert FY2019 Small Business Goals Summary Report

     

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Inside this edition:

Small biz buys rose to $132.9B in FY2019; WOSB 5% goal met

USPS mail delays rising

Little gain from WOSB set-asides

Huawei ban postponed

SBA’s 'Certify' not effective

FPDS reports go to beta.SAM.gov

Industry seeks pandemic paid leave reimbursement extension

Executive order on govcon labor

Washington Insider:

  • PPP loan forgiveness brings tax questions
  • WOSB innovators make small gains in SBIR

Coronavirus Update



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