Myth #1 – “Only Big Companies Win Contracts”
Fact – Preferential treatment is actually given to small, minority, woman, handicapped and service disabled owned business. Small businesses get awarded close to 25% of all federal contracts.
In FY 2017: 8(a) firms were awarded $27,167 billion in federal contracts. Of that amount, these 8(a) firms were awarded $7.971 billion through 8(a) set-asides, $8.445 billion through sole-source contracts and $6.110 billion either through open competition or with another small business set-aside such as small business set-asides and Hubzone set-aside or sole source contracts.