U.S. Shorts Small Businesses $3 Billion in Federal Contracts

small business federal contracts

The federal government has again failed to meet its goals for small business federal contracts.  Last year, Washington fell short by an estimated $3 billion in prime contracts short of the goals set for awarding federal contracts to small businesses.

The Small Business Administration reported that just 22.25 percent of the estimated $400 billion spent by the federal government in 2012 was directed at small businesses across the country. SBA revealed this data in its 2012 federal spending scorecard which Read More

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