Earlier this month, the GAO released a comprehensive report detailing the trends in government contracting over a five-year period (from fiscal year 2011 through 2015). The entire report is available here. If you have a few hours to spare, it’s worth a read; if not, this post will summarize a few of its most eye-catching nuggets.
Love is in the air this weekend as Valentine’s Day approaches. And even if that special someone isn’t the chocolate-and-flowers type, nothing says true love like giving the gift of the latest government contracting news and notes. And best of all, it’s free!
In this week’s edition of SmallGovCon Week In Review, the government appears to have hit its 23% small business goal for the third year running, a contractor will fork over $1 million to settle DOT DBE fraud claims, new data suggests that agencies are cutting back on lowest-price, technically acceptable contracts, and much more.
A new bill introduced in the House of Representatives would require the SBA to count contracts performed overseas when calculating the government’s achievement of its small business goals.
The bill would codify a policy that the SBA already says it is in the process of adopting–and one that will likely lead to a perceived drop in the government’s small business goaling achievement in Fiscal Year 2016.
The government awarded 24.99% of prime contracting dollars to small businesses in Fiscal Year 2014, a sharp increase over the 23.39% figure from 2013.
The SBA’s 2014 Small Business Procurement Scorecard, which was released today, shows that the government beat its 23% goal for the second year running. It wasn’t all good news, though: the government again failed to meet its WOSB and HUBZone goals.
The Department of Defense met the 23% small business goal in Fiscal Year 2014, and also exceeded the 3% SDVOSB goal.
Although the SBA’s 2014 Procurement Scorecard will not be released until sometime next summer, a recent DoD press release announced the DoD’s small business successes for 2014.
Small businesses were awarded 23.39% of prime contracting dollars in Fiscal Year 2013, a jump of more than a percentage point from FY 2012 levels–and above the 23% government-wide goal for the first time in several years.
According to the recently-released SBA Procurement Scorecard, the government exceeded its goals for SDVOSBs and SDBs, but failed to hit its targets for HUBZones and WOSBs. Despite these shortfalls, the SBA gave the government an overall “A” rating for its FY 2013 performance.
As the end of the fiscal year nears, keeping up with the news may be the last thing on the minds of small government contractors.
So, in case you missed it, this week’s SmallGovCon Week in Review features a dispute over the VA’s SDVOSB contracting practices, the Federal Times‘ take on procurement reforms proposed by the Professional Services Council, a thoughtful blog by Guy Timberlake on small business goals, and much more.