Closing the books on Fiscal Year 2012
October 9, 2012
Happy New Year!
We have closed the books on Fiscal Year 2012 and it was another banner year for the U.S. Army Corps of Engineers.
In FY12, USACE obligated $22 billion through 85,000 contract actions, representing 20 percent of the Department of the Army's obligated dollars and 24 percent of the Army's contracting actions this year.
We awarded $7.26 billion to small businesses in FY12, accounting for 33 percent of the Army's $21 billion total small business obligations. In comparison with other contracting activities that obligated more than $5 billion in FY12, USACE had the highest percentage of dollars awarded to Small Businesses, Small Disadvantaged Businesses, Women-Owned Small Businesses, Service-Disabled Veteran Small Businesses and HubZone Businesses. Thanks to your efforts, USACE broke small business records for the third straight year in a row!
Even more important than the numbers are the people -- our hard-working professionals who ensure delivery and management of USACE programs and the people around the world who depend upon our projects for safety, security, economic prosperity and quality of life.
I want to thank our entire team for the herculean efforts associated with year-end execution and close-out. You worked diligently throughout the year and into the late hours of the night over the last few weeks, wrapping up FY12 and getting FY13 off to a good start. I'm very proud of you -- well done!
Essayons! Building Strong! Army Strong!
Thomas P. Bostick
Lieutenant General, US Army