This week, the U.S. General Services Administration’s Small Business Procurement Scorecard was released by the Small Business Administration, showing that the agency continues to offer significant contracting opportunities to small businesses and promote economic growth and job creation in a vital sector of the American economy. More than $1.4 billion in GSA contracts went to small businesses during fiscal year 2011, which provided products and services to help government meet its mission.
GSA was rated an “A+” for exceeding the goals of the Small Business Administration in nearly all categories, and showed significant improvement from last year’s scorecard.
Each fiscal year, the SBA puts together scorecards for federal agencies as an assessment tool to measure how well each agency performs in reaching their small business and socioeconomic prime contracting and subcontracting goals, and to provide accurate and transparent contracting data and report agency-specific progress. The prime and subcontracting goals include targets for small businesses, small businesses owned by women, small disadvantaged businesses, service-disabled veteran-owned small businesses, and small businesses located in Historically Underutilized Business Zones.
Small businesses are critical to job creation and economic growth. The “A+” grade GSA received indicates a commitment to utilize small businesses to obtain goods and services, increasing awareness of contracting opportunities for small businesses, and expanding existing contracts and subcontracts for small businesses.
On this year’s scorecard, covering the last fiscal year, GSA exceeded all subcategory goals but one, Service Disabled Veteran-Owned Small Businesses, and in every instance outpaced fiscal year 2010 achievements. Our results were:
- Women Owned Small Business: Surpassed the 5% goal at 9.15%
- Small Disadvantaged Businesses: Surpassed the 5% goal at 19.02%.
- HubZone businesses: Surpassed the 3% goal at 4.39%.
- Service Disabled Veteran-Owned Small Businesses: 2.6% of a goal of 3%, an improvement over the FY 2010 achievement of 2.26%.
While we are encouraged by our improvement with Service Disabled Veteran-Owned Small Businesses, we remain committed to meeting the 3% goal and are working closely with that community to better ensure our success.
GSA’s Small Business Scorecard can be found at here.
You can read SBA’s blog on the Small Business Scorecards here.