The U.S. Small Business Administration (SBA) gave the U.S. Department of Transportation (USDOT) an “A+” rating on the annual Small Business Procurement Scorecard for fiscal year 2015.
Only three agencies received this highest rating, and USDOT has received an “A” or higher for seven years in a row.
“This scorecard makes it clear, in category after category: when the USDOT is asked to meet a goal for working with small businesses, we not only reach it, we exceed it,” says Transportation Secretary Anthony Foxx. “These seven years of ‘A’ ratings reflect how seriously we take our commitment to small businesses, to promoting jobs, and to increasing access to opportunity for millions of Americans. The message to local businesses across the country is to join us, because we want to work with you.”
The Small Business Procurement Scorecard tracks small business and socio-economic prime contracting and subcontracting goals for federal agencies, including small businesses, women-owned small businesses, small disadvantaged businesses, service-disabled veteran-owned small businesses and small businesses in Historical Underutilized Business Zones (HUBZone).
USDOT awarded 50.94 percent ($793.3 million) of contracts to small businesses, eclipsing the goal of 44 percent. Small disadvantage businesses received 22.76 percent (5 percent goal), and 9.11 percent went to women-owned small businesses (5 percent goal). Service-disabled veteran-owned small businesses received 3.6 percent (3 percent goal), and HUBZone small business got 10.73 percent (3 percent goal).
“We pride ourselves in helping a diverse base of small businesses grow and develop, including supporting women, disabled veterans, and disadvantaged owners,” says USDOT’s Office of Small and Disadvantaged Business Utilization (OSDBU) Director Brandon Neal.
More information about USDOT’s OSBDU is available at www.transportation.gov/osdbu.