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In recognition of its commitment to working with small businesses, the National Nuclear Security Administration announced that it provided more than $290 million in small business obligations for federal prime contracts in fiscal year 2012.
Almost 80 percent of new federal award actions went to small businesses. NNSA’s Management and Operating contractors provided an additional $1.65 billion to small businesses in FY 2012, equal to 49 percent of all money subcontracted by the M and Os.
“Small businesses are the heart of the American economy, and we’re proud of the strong partnerships we’ve forged as we work to implement the President’s nuclear security agenda,” said NNSA Administrator Thomas D’Agostino. “Our small business partners are an integral part of our efforts to be responsible stewards of taxpayer dollars and we would not be able to execute our mission without them.”
NNSA’s use of small business companies has led to more efficient use of taxpayer dollars, reduced overhead and operating costs, and opportunities for small businesses to gain exposure within the nuclear security enterprise throughout the nation.
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