Set-Aside Alert exclusive analysis:
Set-asides surge in September to quadruple monthly average
Percentage of set-aside awards obligated in September averages four times higher than in the other months
Small business federal contractors who rely on set-asides should be having a very busy September, based on Set-Aside Alert’s exclusive analysis of trends from 13 years of federal data.
From fiscal 2008 through fiscal 2020, an average of 26% of all set-aside award dollars were obligated in the month of September, the last month of the federal fiscal year. The annual proportion of set-aside awards in September ranged from a high of 30% in 2014 to a low of 22% in 2019 (all years are fiscal years in Set-Aside Alert’s analyses).
Each of the 11 other months generated about 6.7% of total set-aside awards on average. The September percentage was nearly four times higher.
The analysis shows that the September surge is especially strong for set-asides in comparison to all federal contracts.
A previous exclusive report by Set-Aside Alert found that 15% to 20% of the year’s contract dollars were awarded in the month of September, from 2008 to 2020 (See Sept. 10, 2021 edition of Set-Aside Alert).
That was a weaker result than what was experienced during that period for set-aside awards, which average 26% of awards in the months of September.
Here is the chart of September Set-aside Awards and Total Set-Aside Awards and Percentages of September Awards:
Year | Total Set-Asides | Sept Set-Asides | % |
2008 | $39.0B | $11.3B | 28.9% |
2009 | $47.9B | $12.4B | 25.9% |
2010 | $55.8B | $14.0B | 25.1% |
2011 | $53.1B | $14.9B | 28.1% |
2012 | $53.5B | $14.5B | 27.0% |
2013 | $51.1B | $14.2B | 27.8% |
2014 | $58.1B | $17.7B | 30.4% |
2015 | $58.5B | $15.6B | 26.7% |
2016 | $65.7B | $16.7B | 25.4% |
2017 | $70.6B | $16.8B | 23.8% |
2018 | $42.6B | $10.2B | 23.9% |
2019 | $45.0B | $10.0B | 22.2% |
2020 | $47.5B | $10.8B | 22.7% |
The chart above also reflects the sharp drop in total set-aside awards from 2018 through 2020, as previously reported by Set-Aside Alert.
Here is the chart of the September Percentage of Set-Aside Awards and the Average Percentage of Set-Aside Awards for the 11 Other Months:
Year | Sept. % | Other Months Avg |
2008 | 28.9% | 6.5% |
2009 | 25.9% | 6.7% |
2010 | 25.1% | 6.8% |
2011 | 28.1% | 6.5% |
2012 | 27.0% | 6.6% |
2013 | 27.8% | 6.6% |
2014 | 30.4% | 6.3% |
2015 | 26.7% | 6.7% |
2016 | 25.4% | 6.8% |
2017 | 23.8% | 6.9% |
2018 | 23.9% | 6.9% |
2019 | 22.2% | 7.1% |
2020 | 22.7% | 7.0% |
AVG | 26.0% | 6.7% |
Editor’s Note: All data is from USASpending.gov. All set-aside awards were included, including those for HBCUs, Buy Indian and Veterans in addition to those for small businesses, small disadvantaged, HUBZone, women-owned and service-disabled veteran-owned. Also, please note that the Sept. 10 edition erroneously said the data was for 14 fiscal years in total. It was for 13 years.
More information:
USASpending.gov:USASpending.gov
(URLs in Set-Aside Alert have been shortened by the bit.ly URL shortener)