Report to Congress on Small Business Subcontracting Plan Goals Status
The FY2023 data in eSRS indicates that, for categories where a goal was established, 64% of the goals for small business on completed contracts were met or exceeded, and between 40 and 55% of the five socioeconomic small business goals were met or exceeded. The aggregate dollars lost by all small business categories when contractors fail to achieve their goals is substantial. If contractors had met their subcontracting plan goals on completed contracts, small businesses would have received $1.5 billion more in subcontracts, SDBs would have received $857 million more, and SDVOSBs would have received $383 million more.
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