INL meets small business procurement goals
Battelle Energy Alliance says it spent $194,555,080 with small business in Fiscal Year 2017. The company said it has exceeded its small business procurement goal for the fifth consecutive year.
Battelle is responsible for management and operations at the Idaho National Laboratory. Small business goals are part of its contract with the Department of Energy and each year goals are negotiated to determine what percentage of procurement volume is to be set aside.
The company said its small business expenditures represented 58.1 percent of the business INL did overall and far surpasses the $150.7 million it agreed to at the beginning of the fiscal year.
Of that amount, INL spent 41.8 percent with small businesses in Idaho, above the 30 percent attainment goal set for the year.
“We very much value our partnership with so many innovative Idaho businesses,” said Dennis Newby, INL chief financial officer. “We are fortunate to work with high-caliber businesses across Idaho that support our needs.”
Small Business Program Manager Stacey Francis said the lab has worked hard to cultivate relationships with small businesses in Idaho.
“It is a win-win when we have local businesses able to supply us with what we need,” Francis said. “We recognize the benefit of partnering with small business for ease of use, the level of expertise available and exceptional customer service.”