GSA received an “A” grade from the Small Business Administration for its work expanding opportunities for small businesses around the country. GSA awarded $1.3 billion to small business in Fiscal Year 2013.
Contracting with small businesses is a win-win for both the federal government and the small business community. The government receives great service at great value, while small businesses gain opportunities to grow their businesses and create jobs.
GSA relies heavily on small business participation in many of its contract offerings. Currently, small businesses account for nearly half of GSA-funded contract dollars, 80 percent of all vendors on GSA Schedules, and 34 percent of all dollars awarded.
In addition, the agency is making sure that small businesses are well represented in its newest contract offerings. For example, GSA’s OASIS Small Business is a 100 percent small business strategic sourcing that will also drive down costs for federal agencies, and increase efficiency by reducing the time spent on developing complex contractual instruments.
SBA’s annual scorecard measures how well federal agencies reach their small business and socioeconomic prime contracting and subcontracting goals. It also provides accurate and transparent contracting data.