The federal government has yet again fallen short of its stated small-business contracting goals, extending a streak of coming up just shy for an eleventh consecutive year.
Federal agencies awarded a total of $91.5 billion to small companies in fiscal 2011, down 7 percent from $97.9 billion the year prior, according data released Tuesday by the Small Business Administration. That amounts to 21.7 percent of all prime government contracts, down from 22.7 percent in fiscal 2010 and even further short of the stated annual goal of 23 percent.
The government also missed its procurement goals for women-owned and service-disabled veteran-owned businesses, as well as those located in traditionally underserved and underemployed regions of the country.
“Releasing the numbers at this point really highlights where there are opportunities for improvement,” John Shokora, SBA associate administrator for government contracting, said in a media call. “This highlights the fact that we need to improve and highlights the agencies that need to focus on that improvement.”