TEEX Federal Small Business Program grows by 52% this year

TEEX has exceeded its goal for the Federal Small Business Program for the first three-quarters of the government fiscal year 2013, reaching 28 % of yearly expenditures to U.S. small businesses, says Small Business Liaison Officer Terri Sager. In FY2012, the rate was 18.4%.

The TEEX Federal Small Business Program and the Texas Historically Underutilized Businesses (HUB) program are committed to expanding business opportunities and to promoting the successful development of qualified small and growing businesses. Sager added that federal agencies may also look at the Federal Small Business Program data as part of their decision-making process when awarding contracts.

“Thanks to the efforts by our employees and the additional businesses certified this year, purchases from Small, Small Disadvantaged, Woman-Owned, Federal HUBZone, Veteran-Owned and Service-Disabled Veteran-Owned small businesses have grown by 52%,” Sager said. “TEEX has exceeded its Small Business goal (17%) by 11%, spending over $4.5 million this year with small businesses in the U.S. This is good for TEEX contracting and finances, good for the U.S. economy, and good for our community. TEEX is truly a team player and doing its part to make our country better.”

To spread awareness and encourage participation across the agency in the Federal Small Business Program, employees who reach out to a small business are entered in a drawing at each quarterly Committee meeting. For more information, contact [email protected].