Small Business Awards Top $120 Billion in FY 2018

 

The federal government exceeded its small business federal contracting goal for the sixth consecutive year, awarding just over 25% of federal contract dollars to small businesses in FY 2018 – a total of $120.8 billion.

The Fiscal Year 2018 Small Business Federal Procurement Scorecard marks the first time more than $120 billion in prime contracts has been awarded to small businesses.

  • Small Disadvantaged Businesses were awarded $46.5 billion ( 9.65%)
  • Service-Disabled Veteran-Owned Small Businesses were awarded $20.6 billion ( 4.27%)
  • Women-Owned Small Businesses were awarded $22.9 billion (4.75%) and
  • HUBZone Businesses were awarded $9.9 billion (2.05%)

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