Earning federal contracts is a powerful tool to help small companies grow their business. To help make sure that small businesses have a seat at the table, the Small Business Act sets prime contracting goals for small businesses (along with each socio-economic category). 15 U.S.C. § 644(g). And each year, the SBA issues a scorecard grading the government’s compliance with those goals.
Just a couple days ago, the SBA released its scorecard for the 2018 fiscal year. All told, the scorecard paints a rosy picture of small business contracting.
Let’s take a look.
For Fiscal Year 2017, SBA’s small business goaling scorecard awarded 21 agencies grades of “A+” or “A” for their small business contracting and subcontracting. Two agencies received a “B” and a single, lonely agency brought up the rear with a “C.” Not one agency received a grade below “C,” even agencies that missed most of their small business goals.
It was a “record breaking” performance, to hear SBA tell it. But these inflated grades do a disservice to the public and government alike. So long as almost everyone is going to get a top grade anyway, I say we just replace next year’s SBA goaling grades with agency participation trophies.
It’s that time of year again. School’s ending for the summer and kids are coming home (some sheepishly) with their report cards. And with the close of Fiscal Year 2017, the federal government has also been given its report card.
Like last year, the FY 2017 report card reveals a mixed bag. Though the SBA gave the federal government another “A,” the bottom-line numbers reveal a troubling trend for small business government contractors.
The government missed its Fiscal Year 2016 HUBZone goal by a country mile, and didn’t hit the 5% WOSB goal, either. But according to the SBA, the government deserves an “A” for its FY 2016 small business achievements.
That’s some rather generous scoring, wouldn’t you say?
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.
We’d like to wish all of the mothers out there who read the SmallGovCon blog an early, but very happy, Mother’s Day. Our early gift to you is this week’s SmallGovCon Week In Review. (Don’t get too jealous, fathers–we’ll have a similar gift for you in June).
This week brings an announcement that small businesses received over 25% of federal contracting dollars–but those statistics are under fire in a new lawsuit. Also, we take a look at why some lawmakers are worried about small businesses being negatively impacted by category management, a pair of whistleblowers cash in with nearly $3 million dollars to settle claims of fraud, and much more.
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.