Within the fiscal 12 months 2020, the federal authorities awarded a file $145.7 billion in prime contracts to small companies. This can be a $13 billion enhance from the earlier fiscal 12 months which comes out to 26.01% of the general federal contracts. If that wasn’t spectacular sufficient, there was additionally one other $82.8 billion in subcontracts given to small companies.
Federal Authorities Awards $145.7B in Small Enterprise Contracts
The assist of small companies by federal contracts has unbelievable dividends. And this previous 12 months proves that very level. It is because virtually 1 million jobs had been added to