Set-Aside Alert Exclusive research:
8(a) contract awards rebounding; but participation is still shrinking
The good news for the Small Business Administration’s flagship 8(a) Business Development Program is that 8(a) federal contracting awards have been on an upward trend, rising nearly 40% in the last 10 years.
Awards to 8(a) firms grew from $11.8 billion in fiscal 2005 to $16.3 billion in fiscal 2014, which was a 38% net increase, according to exclusive research by Set-Aside Alert.
The research utilized data from the SBA’s annual procurement scorecards displayed in the Federal Procurement Data System.
During those years, there were highs and lows:
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