Latest / The Federal Drive with Terry Gerton
Agencies award $179B to small firms in 2025, down from 2024
Despite all the turmoil in federal contracting over the last year, agencies surpassed the 23% governmentwide goal for awards to small businesses in fiscal 2025. The Small Business Administration said last Thursday that agencies awarded 28% of all prime contracts to small firms last year. While agencies reached the overall goal, the total dollars going to small businesses dropped to $179 billion last year from $183.5 billion in 2024. For more on SBA's 2025 small business scorecard, Federal News Network executive editor Jason Miller joins me now to discuss.
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