U.S. Department of Labor Receives Top Marks in Small Business Federal Procurement Scorecard
WASHINGTON, DC – The U.S. Department of Labor received an A+ on the Small Business Administration’s recently announced Fiscal Year 2019 Small Business Federal Procurement Scorecard, marking the third straight year the Department has received the scorecard’s highest grade. The scorecard measures the contracting opportunities federal agencies make available to small, small disadvantaged, women-owned, service-disabled, veteran-owned and Historically Underutilized Business Zone businesses globally.
Over fiscal year 2019, the Department awarded its highest ever percentage of 40.34 percent in federal prime contracts to small businesses, totaling $828 million. Of that total, the Department awarded $259 million in contracts to women-owned small businesses and $137.5 million to service-disabled, veteran-owned small businesses. More than two-thirds of the subcontracting contracts awarded by the Department went to small businesses.
“Small businesses serve a major role in the success of our economy,” U.S. Deputy Secretary of Labor Patrick Pizzella said. “As stewards of taxpayer dollars, it’s our responsibility to seek out opportunities to work with small businesses around the country.”
This noteworthy accomplishment reflects the Department’s continuous commitment to small business and the collaborative efforts of senior leadership, the Department’s Office of Small and Disadvantaged Business Utilization, acquisition workforce, and stakeholders to provide appropriate opportunities to small businesses to compete for procurements.
Of the 24 federal agencies that participate in the review, the Department of Labor is one of eight agencies to achieve an A+ on the FY 2019 Small Business Federal Procurement Scorecard.
The full report is available here.
The mission of the Department of Labor is to foster, promote and develop the welfare of the wage earners, job seekers and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights.