Agencies made history in fiscal 2021 by awarding more total prime contract dollars to small businesses than ever before.
Data from the Small Business Administration shows not only did agencies surpass the governmentwide goal of 23%, but increased total spending with small firms by $8 billion…
“The 2021 contracting achievements are great markers to the progress we are trying to lead with our equity and procurement reforms, in particular,” said Isabella Casillas Guzman, the SBA administrator, during a press conference on July 26. “With the historic reforms that we announced last year with the White House and the Office of Management and Budget and across the agencies, we are seeing progress. We made some significant changes to strategic sourcing. We started ensuring transparency by releasing disaggregated data and tracking those new entrants. We wanted to make sure we were managing to performance plans really focusing on small business contracting socioeconomic firms goals.”
Agency small business contracting success in 2021 extends not just to small businesses, but every socioeconomic category reached new highs… Read the full article here.
