![]() Looking at the FY 2019 and FY 2020 Scorecards, the rate of small businesses leaving the market has slowed (the number was nearly 11,000 last year), indicating that the government may not be fostering new small business contractors in the federal marketplace. There were 4,657 fewer small business government contractors in FY 2020 than FY 2019, seeming to indicate that those small businesses selling to the government are getting larger pieces of the pie (and potentially larger contracts), with fewer small businesses entering the market to compete for these opportunities. ![]() The actual number of small businesses receiving prime contracts also decreased from FY 2019 – a trend that continues from FY 2018, as we discussed previously. But the spending increase masks the fact that the percentage of total contracting dollars actually decreased in all categories but one. The prime contract dollar value increased in every category from FY 2019 as a result of higher, total overall Government spending in FY 2020. Service-Disabled Veteran-Owned Small Business Increase/Decrease from FY 2019 (in total percentage point change) Federal Government Small Business Contracting Goals v. The government failed, however, to meet the women-owned small business goal of 5% and the HUBZone goal of 3%. government exceeded the service-disabled veteran-owned small business goal of 3% and far-exceeded the small disadvantaged business goal of 5%. Other Scorecard highlights include that the U.S. ![]() Notably, while small business contracting increased $13 billion in prime contracts, small business subcontracting may have decreased by an estimated $7.9 billion. The SBA released statistics in its FY 2020 Small Business Procurement Scorecard, available here. Small Business Administration (“SBA”) recently announced that, yet again, the federal government exceeded its small business contracting goal by awarding $145.7 billion dollars in federal prime contracts – 26.01% of the government’s total procurement spending – to small businesses last year, with at least an additional $82.8 billion in small business subcontracts. Public Services, Infrastructure, Transportation.
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