The U.S. Small Business Administration has released a report listing the 100 small businesses that received the most federal procurement dollars in 2006.
The report reinforces a series of recent SBA initiatives to improve small business access to federal contracts, SBA Administrator Steve Preston said.
“Releasing this list is part of the SBA”™s ongoing effort to increase transparency, accuracy and integrity of government small business contracting data,” Preston said. “It also ensures that federal contracts get into the hands of small businesses and that federal agencies receive credit towards their small business goals.”
The top 100 small business received approximately $12 billion in 2006, about one-sixth of all federal small business contract dollars paid that year.
The report is part of the SBA”™s ongoing plan to ensure federal agencies only get credit for contracts awarded to legitimate small businesses, Preston said.
The 14-month review of 11 million contract actions in fiscal year 2005 and 2006 was completed in June 2007. The review removed $4.6 billion in incorrectly coded contracts from the small business procurement database. Federal agencies will have to make up the difference by awarding new contracts to small businesses in order to meet their contracting targets.
Four of the Top 100 firms were affected by miscodings. Three of them were incorrectly identified as “other than small,” even though the companies are legitimate small businesses. One company was miscoded as a small business in 2006, even though it was not small.
The full list can be viewed at: www.sba.gov/idc/groups/public/documents/sba_program_office/sba_news_07-84.pdf
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