US Misses Small Biz Contract Goals For 7th Straight Year

Law360, New York (July 3, 2013, 6:16 PM EDT) -- U.S. agencies narrowly missed their goal of awarding 23 percent of their contracts to small businesses, making it the seventh straight year the government has fallen short, according to a Tuesday report by the U.S. Small Business Administration.

Overall, the government gave 22.25 percent of its contract dollars to small businesses, for a total of $89.9 billion. That improved on 2011, when the government gave 21.65 percent of its contracts to small business, according to the SBA's 2012 procurement scorecard.

Agencies exceeded their goal of awarding...
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