SBA OIG finds $428M in errors in 8(a) and HUBZone contract reports

OIG did not evaluate if contractors or officials acted improperly

Federal agencies erroneously reported $428 million worth of contract actions in fiscal 2013 as having been awarded to participants in the 8(a) or HUBZone small business programs, according to a new audit from the Small Business Administration’s Office of Inspector General (OIG).

Out of $2.9 billion in 8(a) contract actions reviewed, 31 actions, totaling $208 million, were incorrectly reported as having been awarded to 8(a) firms, the inspector general found.

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