For only the second year running, the U.S. Agency for International Development has set a worldwide procurement goal for U.S. small businesses — 10 percent of prime contract spending in fiscal 2015. USAID acting Administrator Alfonso Lenhardt reaffirmed that target Thursday at the U.S. aid agency’s eighth annual small business conference in Washington, D.C.
In fiscal 2014, USAID awarded 12.1 percent of its prime contract spending worldwide to U.S. small businesses, nearly double its 6.5 percent target that year.
Previously, USAID had only adhered to a U.S. small business prime contracting goal for its U.S-based procurements, which are far outnumbered by its mission-based procurements. Since fiscal 2011, USAID has surpassed this goal, which is also set annually, every year.