For 6th Year In A Row Government Missed Goal To Award All Federal Contract Dollars To Small Businesses
Check out this article called “Federal government misses small business contract goal – again” by Jose Pagliery and learn about how and why this happened…
“NEW YORK (CNNMoney) — For the sixth year in a row, the government has missed its goal to award 23% of all federal contract dollars to small businesses.”
“On Tuesday, the Small Business Administration reported that federal agencies gave out 21.7% to small companies. That sounds close, but means that small businesses did not receive $3.8 billion set aside for them.”
“The contracts are awarded by all federal departments for a wide array of projects and jobs. They funnel hundreds of billions of dollars every year to the private sector.”
Click here to continue reading and learn more about why this happened again on CNNMoney.com…
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