Set-Aside Alert news analysis:

Did contracts for small biz shrink?

Data shows 23% goal not met

      The preliminary numbers for fiscal 2017 show a downward trend for small business federal contracting in every category--except for service-disabled veterans.

      The final results won’t be ready for several more months.

      However, the initial figures show a drop in small business contracting overall to 22.73%, down from 24.36% for fiscal 2016.

      The data shows decreases for the percentage of awards won by small businesses owned by disadvantaged people, down to 8.58% from 9.5%; by women, down to 4.58% from 4.8%; and by small firms in HUBZones, down to 1.5%, from 1.67%.

      Initial numbers show service-disabled veteran-owned small businesses won 4.06% of contract dollars in fiscal 2017, an increase from 3.98% the year before.

      The figures appear on the Small Business Dashboard, which is part of Data.gov (see link below).

      As of Oct. 29, small business awards for fiscal 2017 totaled $84.1 billion out of total eligible dollars of $370.3 billion. Those numbers will rise slightly as additional awards are tabulated in the coming weeks.

      Last year, small business awards totaled $100.1 billion from a total eligible of $410.8 billion.

      While the fiscal 2017 numbers are preliminary, the downward trend in the share of small business contracts is likely to remain when the final results are tabulated.

      That is because while total eligible contract dollars counted are currently at 90% of last year’s total, the small business share currently is only 84% of last year’s total.

      That suggests the proportion of small business awards will fall short in comparison to last year.

More information: Small business dashboard: https://smallbusiness.data.gov/

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