WASHINGTON, May 6, 2015 /PRNewswire-USNewswire/ -- On Friday, May 8, SBA Administrator Maria Contreras-Sweet will join cabinet officials and senior executives from the Departments of Labor, Agriculture, Homeland Security, Treasury, and the U.S. Agency for International Development, the General Services Administration and the U.S. Social Security Administration to announce the results of the 2014 Small Business Federal Procurement Scorecard at the White House.

 

The annual Scorecard is an assessment tool that measures how well federal agencies reach their small business and socio-economic prime contracting and subcontracting goals and reports agency-specific progress. The prime and subcontracting component goals include goals for small businesses, small businesses owned by women (WOSBs), small disadvantaged businesses (SDBs), service-disabled veteran-owned small businesses (SDVOSBs), and small businesses located in Historically Underutilized Business Zones (HUBZones).

 

Every fiscal year, the SBA works with each agency to set their prime and subcontracting goals and their grades are based on the agreed upon goals. Each federal agency has a different small business prime contracting goal. SBA ensures that the sum total of all of the goals exceeds the 23 percent target established by law. Agency specific data from previous years can be found at: http://www.sba.gov/content/small-business-procurement-scorecards-0

 

WHO: SBA Administrator Maria Contreras-Sweet
Christopher Lu, Deputy Secretary, Department of Labor
Alfonso Lenhardt, Acting Administrator, U.S. Agency for
International Development
Adam Neufeld, Acting Deputy Administrator, General Services Administration

WHEN: Friday, May 8, 12:30-2 p.m.

HOW: Press must RSVP and provide their press credentials for the White House event to Tiffani.Clements@sba.gov by noon, May 7.

Contact:  Tiffani S. Clements (202) 401-0035
Miguel Ayala (202) 205-6420
Internet Address: http://www.sba.gov/news