Release Date: August 12, 2020 Contact: Tiffani.Clements@sba.gov
Federal Government Exceeds Small Business Contracting Goals by Awarding Record-Breaking $132.9 Billion to Small Businesses
Women-Owned Contracting Goal Met for the Second Time in Scorecard History; Eight Federal Agencies Receive A+ Rating on FY2019 Small Business Federal Procurement Scorecard
WASHINGTON – Today, the U.S. Small Business Administration announced that the federal government exceeded its small business federal contracting goal, awarding 26.50 percent or $132.9 billion in federal contract dollars to small businesses, over $12 billion increase from the previous fiscal year. Additionally, the Fiscal Year 2019 Small Business Federal Procurement Scorecard marks the second time in Scorecard history that the women-owned small business contracting goal of 5% has been met*.
The federal government also added a record-breaking one million jobs to the American economy with $132.9 billion in prime contract dollars awarded to small businesses and $90.7 billion in subcontracts awarded. Overall, the federal government earned an “A” on this year’s government-wide Scorecard.
“I’m thrilled to report that the federal government exceeded its set goals and awarded a significant $132 billion to small businesses in FY19,” said SBA Administrator Jovita Carranza. “There is good news for women-owned small businesses too. For the second time in the history of the Scorecard, the federal government has met the women’s contracting goal. For the seventh year in a row, the federal government has also exceeded the contracting goal set for service-disabled veterans. The federal prime and subcontracts awarded to small businesses in FY19 equate to more than one million jobs created. Every contract that gets in the hands of a small business is a win-win for our nation, entrepreneurs and their employees, and the communities they support. This is especially important now, as our economy recovers from the pandemic-related setbacks.”
FY2019 Small Business Federal Procurement Scorecard:
The individual agency scorecards released today by the SBA, as well as a detailed explanation of the methodology, is available online.
1. FY19, in accordance with federal law, SBA provided double credit, for scorecard purposes only, for prime contract awards in disaster areas that are awarded as a local area set aside and a small business or other socio-economic set aside when the vendor state is the same as the place of performance (15 USC § 644(f)), for Puerto Rico awards (15 USC § 644(x)(1)) and included in the calculation of FY19 government-wide achievements the Department of Energy first-tier subcontracts required to be included by section 318 of the Consolidated Appropriations Act of 2014 (“CAA”), Public Law 113-76.
SBA continues to collaborate with federal agencies to expand small business opportunities for small business contractors to compete and win federal contracts. The FY2019 Scorecard analyzed the prime contracting and subcontracting performance and other contributing factors, which resulted in an overall “A” grade for the federal government. Eight agencies received A+, 14 received a grade of “A” and two received a “B” grade.
Small Business Federal Procurement Scorecard Overview:
The annual Procurement Scorecard is an assessment tool to: (1) measure how well federal agencies reach their small business and socio-economic prime contracting and subcontracting goals; (2) provide accurate and transparent contracting data and (3) report agency-specific progress. The prime and subcontracting component goals include goals 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 (HUBZones).
Every year, the SBA works with each agency to set their prime and subcontracting goals and their performance is based on the agreed upon goals. Each federal agency has a different small business contracting goal, determined annually in consultation with the SBA. The SBA ensures that the sum total of all of the goals exceeds the 23 percent target for the federal government as well as the socio-economic goals established by law.
While each federal agency is responsible for ensuring the quality of its own contracting data, SBA conducts additional analyses to help agencies identify potential data anomalies. As part of its ongoing data quality efforts, the SBA works with federal agency procurement staff to provide analysis and tools to facilitate review of data, implement improvements to procurement systems and conduct training to improve accuracy.
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more visit www.sba.gov.
Jack Spirakes, MPA
Economic Development Specialist and Public Information Officer
Washington Metropolitan Area District Office (WMADO)
U.S. Small Business Administration
409 3rd St SW, Floor 2
Washington, DC 20416
Cell (202) 374-7692
For detailed information on SBA programs in response to COVID-19, please visit www.sba.gov/coronavirus. For information on all COVID-19 federal programs, visit www.usa.gov/coronavirus or www.gobierno.usa.gov/coronavirus (en español).
The Charles County Coronavirus Small Business Relief Grant Program is a $2.5 million program to provide financial help to local businesses to provide relief from interruptions due to COVID-19 related closures and to assist with expenses related to reopening after COVID-19 related business closure. Businesses in just about any industry are eligible; half a million dollars has been dedicated to local agriculture and aquaculture related businesses that have suffered from interruptions due to COVID-19 related closures. Eligible businesses include, but are not limited to, farms and on-farm stores, agritourism enterprises, equestrian operations, and enterprises engaged in the harvesting of seafood
Economic Injury Disaster Loan (EIDL) & EIDL Advance
Due to appropriated funding levels, the U.S. Small Business Administration (SBA) is unable to accept new applications at this time for COVID-19 EIDLs, including EIDL Advances. Individuals who have already submitted their application will continue to be processed on a first-come, first-served basis.
Status of Previously Submitted EIDL & EIDL Advance Applications
If you already submitted an EIDL and/or EIDL Advance application and you have received notification from the SBA that you were assigned a loan number that begins with a "3," then you are in the queue for processing. Your continued patience is greatly appreciated.
If you would like to inquire further about the above process, including next steps, please contact the SBA Disaster Customer Service line (open 24/7) at 800-659-2955. Alternatively, you may send an email to email@example.com.
Paycheck Protection Program (PPP)
If you have any questions regarding the status of your PPP loan, please contact your lender directly. For a list of active PPP lenders in your area, enter your local zip at https://www.sba.gov/paycheckprotection/find.
For detailed information on all SBA programs in response to COVID-19, please visit www.sba.gov/coronavirus. Information on all COVID-19 federal programs and services may be found at www.usa.gov/coronavirus or www.gobierno.usa.gov/coronavirus (en español).More to come