Facts About Contracting with the Government

The U.S. Government is the largest company in the world. Approximately $1 billion in new opportunities in the services sector of Government contracting were available to bid on by private business each day.  
The federal government signs over 11 million contracts a year.  
About 95% of federal contracts are awarded to small- and medium-sized business vendors.  
On the average, there are 2,000 to 5,000 new government contracting opportunities available each day in all industry categories.  
A Small Business Set-Aside Program (SBSA) was developed to help assure that small businesses are awarded a fair proportion of government contracts by reserving certain government purchases exclusively for participation by small business concerns.  
Any contract that has an anticipated dollar value between $2,500 and $100,000 in value is reserved for small, small disadvantaged, woman-owned, and small veteran-owned businesses.  
The Small Business Association (SBA) administers a business assistance programs for small disadvantaged businesses called Program 8(a) which helps small businesses compete in the American economy and access the federal procurement market  
Less than 5% of the businesses in the United States do business with the U.S. Government.  
America's 9.1 million women-owned businesses employ 27.5 million people and contribute $3.6 trillion to the economy.  
Minority-owned business have nearly doubled in the past two decades.  A report from the Office of Advocacy of the U.S. Small Business Administration shows that minorities own nearly 15 percent of American businesses.  
Government procure services range from Food Services and Janitorial projects to complex space flight systems development.