Number of small business prime contractors down by 25 percent since 2010
Federal agencies met the governmentwide small business goal for the fourth straight year in fiscal 2016. Last year also saw a $9 billion increase in the total of prime contracts going to small firms.
What these numbers aren’t showing, and what should really worry the Small Business Administration and the broader contracting community, is the number of small businesses winning prime contracts is dramatically down.
Deltek, the market research firm, analyzed the data and found a 25 percent decrease in the number of small business prime contractors since 2010.