Wednesday, August 22, 2007

Feds earn low grades from SBA

Most agencies did not fare well on the Small Business Administration’s new score cards for rating their progress on meeting small-business contracting goals. In fact, half of the agencies received the lowest possible grade.

On the score cards released Aug. 17, SBA gave 12 of 24 departments the lowest rating: a red. Those agencies included the Defense Department and the General Services Administration — the federal government’s biggest buyers. SBA issued five yellow scores, and seven agencies earned the top score of green. SBA’s scoring system is based on the President’s Management Agenda score card.

SBA’s score card will bring attention to small-business contracting, said Steven Preston, SBA’s administrator, during a teleconference with reporters.

“Sticking a big red on an agency that’s not hitting their target…is an important motivator,” he added.

Read rest of the story: FCW.com News - Feds earn low grades from SBA

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