The United States Agency for International Development (USAID) earned an “A” rating when the U.S. Small Business Administration (SBA) recently issued the federal government’s annual Small Business Procurement Scorecard for Fiscal Year (FY) 2021. SBA annually negotiates agency-specific U.S. small business prime contract and subcontract goals, which aim to ensure the U.S. Federal Government awards at least 23 percent of contracting dollars to U.S. small businesses.
USAID exceeded its prime contract dollar goal of 12.51 percent by awarding 14.88 percent to U.S. small businesses, which equates to $826.9 million. In addition, the Agency exceeded its annual prime contract dollar goal for Women-Owned Small Businesses and Small Disadvantaged Businesses.
USAID has exceeded its annual small business goal for the past eight years. It highlights the Agency’s commitment to amplify outreach and increase prime and subcontract awards to U.S. small businesses that support job creation to stimulate economic growth.
During a November 2021 speech at Georgetown University, Administrator Power made a commitment to broaden the base of USAID’s partners and break down barriers for small businesses interested in contracting with the Agency. The Agency’s success on the FY 2021 scorecard is attributed to the ongoing effort to address these barriers while enhancing diversity, equity, and inclusion.
To view USAID’s FY 2021 Procurement Scorecard and other details.