Monday, January 23, 2006

Small businesses (under 500 employees) won over $100 billion in federal contracts in 2004

Small businesses (under 500 employees) won $69 billion in federal prime contracts in fiscal 2004, or 23 percent of the total pot of almost $300 billion that was open to small companies, according to a report released Thursday by the Small Business Administration's Office of Advocacy.
Subcontracting figures were unavailable for 2004, but were estimated at nearly $50 billion based on projections from 2003 subcontracts valued at about $45.5 billion, according to the document.

Click here for the full story:
http://www.govexec.com/story_page.cfm?articleid=33104&printerfriendlyVers=1&

No comments: