PNWC's Government Contracting Update

Federal Government Achieves Small Business Contracting Goal in Fiscal Year 2017

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The U.S. Small Business Administration (SBA) announced Tuesday that the Federal government met its small business federal contracting goal for the fifth consecutive year, awarding 23.88 percent of federal contracting dollars to small businesses. That 24 percent (rounded) works out to $105.7 billion, an increase of $6 billion over the previous year (fiscal year 2016) and the first time the total contracted amount surpassed $100 billion.

Source: PNWC’s Government Contracting Update: Federal Government Achieves Small Business Contracting Goal in Fiscal Year 2017

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