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Small Business: Federal Agencies' Contracting Goals for Women-Owned Businesses

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Report Type Reports and Testimonies
Report Date Sept. 17, 1992
Report No. T-RCED-92-95
Subject
Summary:

As part of the federal effort to provide contracts to women-owned small businesses, the Small Business Administration (SBA) negotiates with executive branch agencies to set fiscal year contracting goals for such businesses. The goals--expressed as a percentage of the dollar value of each agency's total estimated procurement for the fiscal year--are nonbinding targets. GAO testified that the vast majority of agencies have contracting goals, which should result in 1.2 to 1.4 percent of the value of prime contracts being awarded to women-owned firms. Furthermore, in fiscal year 1990, 14 of the 17 major procurement agencies met or exceeded their goals.

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