Small Business. More Transparency Needed in Prime Contract Goal Program
Abstract
The Small Business Reauthorization Act of 1997 directed the President to establish a goal of not less than 23 percent of the federal government's prime contracting dollars to be awarded to small businesses for each fiscal year. The Small Business Administration (SBA) is charged with working with federal agencies to ensure that agency goals, in the aggregate, meet or exceed the 23-percent goal. To help SBA determine if agency goals are being met, the Federal Procurement Data Center (FPDC)-a unit of the General Services Administration-collects data on all federal contract actions and calculates the government's annual small business achievements based on procurement information received from the agencies. When calculating small business achievements, the FPDC follows SBA guidance to exclude certain types of contracts.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 01, 2001
- Accession Number
- ADA393602
Entities
Organizations
- United States Government Accountability Office