SBA Announces Historic Results and Gains in FY2019 Small Business Federal Procurement Scorecard
WASHINGTON, Aug. 10, 2020
WASHINGTON, Aug. 10, 2020 /PRNewswire/ -- On Wednesday, Aug. 12, at 2 p.m. EDT, Dr. Francis Spampinato, Associate Administrator for the U.S. Small Business Administration's Office of Government Contracting and Business Development will host a media conference call to discuss the historic results and positive gains in the Fiscal Year 2019 Small Business Federal Procurement Scorecard.
The annual scorecard is an assessment tool that measures how well federal agencies reach their small business and socio-economic prime contracting and subcontracting goals. The prime and subcontracting component goals include targets for small businesses, women-owned small businesses, small disadvantaged businesses, service-disabled Veteran-owned small businesses, and small businesses located in Historically Underutilized Business Zones.
Every fiscal year, the SBA works with each federal agency to set their prime and subcontracting goals and their grades are based on the agreed upon goals. Each federal agency has a different small business prime contracting goal. The SBA ensures that the sum total of all the goals exceeds the 23 percent target established by law.
Conference call on FY2019 Small Business Federal Procurement Scorecard
Dr. Francis Spampinato, SBA's Associate Administrator for the Office of Government Contracting and Business Development
Wednesday, Aug. 12 at 2 p.m. EDT
Conference Call/MS Teams Meeting
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.
Release Number: MA20-03
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SOURCE U.S. Small Business Administration