From: U.S. Department of the Treasury <subscriptions@subscriptions.treas.gov>
Date: Fri, Aug 1, 2014 at 1:03 PM
Subject: Treasury Aces Small Business Procurement Scorecard for Third Year in A Row
To: iammejtm@gmail.com
| Having trouble viewing this email? View it as a Web page. You are subscribed to Blog - "Treasury Notes" for U.S. Department of the Treasury. This information has recently been updated, and is now available.
At Treasury, supporting America's small businesses is at the heart of our mission to promote conditions that enable economic growth. This not only includes Treasury's role as the administrator of programs like the Small Business Lending Fund, the State Small Business Credit Initiative, and the CDFI Fund, but also practicing what we preach by supporting small businesses through our own agency procurement and contracting practices. Today the Small Business Administration (SBA) released its Small Business Procurement Scorecard, an annual report that assesses the progress made in prime contracting and subcontracting to small businesses by 24 federal government agencies, and we are proud to say that - for the third year in a row -Treasury received an A score. The Scorecard also measures how agencies make small business opportunities an integral part of their acquisition of goods and services to meet mission objectives. In fiscal year 2013, Treasury and its bureaus continued to garner high marks – scoring 118.02 percent on its Small Business Procurement Scorecard. This included exceeding our 32 percent goal for small businesses overall by reaching 39.15 percent of total small business eligible contracting dollars. Particularly noteworthy is that we far exceeded our contracting goals for all socioeconomic small business categories. 16.25 percent of our contract obligations went to small disadvantaged businesses, more than triple the 5 percent goal. Women-owned small businesses represented 10.08 percent, more than double the 5 percent goal. Contract obligations to service disabled veteran-owned small businesses (4.84 percent), and HUBZone small businesses (5.54 percent) both exceeded the 3 percent goals. Treasury's success is part of the Obama Administration's broader effort to put wind at the back of small business owners, enabling them to grow and create jobs. The Scorecard shows that the overall federal government increased the amount of federal small business-eligible contracting dollars going to small businesses to 23.39 percent in FY2013 compared to 22.25 percent in FY2012. Treasury's effort translates into tangible support to small businesses, as every 1 percent procured is worth over $21 million for America's small businesses. Despite this progress, we know that there is still more Treasury can do to build on its already impressive small business record. We will continue to encourage firms to market products and capabilities related to Treasury and our bureaus and we will expand and improve upon efforts to do business with women and minority owned small businesses. Lorraine Cole is the Chief Diversity and Inclusion Officer at the United States Department of the Treasury.
|
Jeremy Tobias Matthews
No comments:
Post a Comment