Small biz procurement in FY17 was 21.5% without exclusions

      Small business procurement would have totaled only 21.5% of all federal procurement in fiscal 2017 if broad categories of contracts had not been excluded from the calculation, according to a recent report from the General Services Administration.

      The Small Business Administration’s official figure, which had the exclusions, was 23.88%.

      The excluded contracts, totaling $63 billion, included those for Defense Dept. work abroad, foreign weapon sales and for work in sheltered workplaces and federal prisons.

      Small business procurement totaled $109 billion without exclusions vs. $105.7 billion with exclusions.

More information: GSA report: https://bit.ly/2NGaBwN
SBA report: https://bit.ly/2ylzj0L

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Small biz procurement in FY17 was 21.5% without exclusions

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