Contents
How do you get an 8a contract?
5 Ways to Find 8a Contract Opportunities
- Visit the Federal Business Opportunities web site.
- View each Federal agency’s long range acquisition forecast (LRAE).
- Contact each Federal agency’s OSDBU (Office of Small Disadvantaged Business Utilization) office.
- Visit the Federal Procurement Data System web site.
What is an 8a sole source?
8a contracts are awarded when there is evidence that there is but a sole supplier that is capable of providing the products or purchases sought by the government. Under the SBA 8(a) Business Development Program, small businesses can also get single-source contracts by statute.
What is the 8a threshold?
Generally speaking, contracting officers can award a contract to an 8(a) business on a sole source basis if the estimated cost is $4 million or less ($7 million for manufacturing).
How long does it take to become 8a certified?
We typically get companies certified in 45 days although it can take up to 90 days and we have had some certified in as little as 25 days. We will stay on top of your application and push it along in our process as fast as possible; we know how important time is.
Who qualifies for 8a status?
8(a) program qualifications Be at least 51 percent owned and controlled by U.S. citizens who are socially and economically disadvantaged. Have a personal net worth of $750K or less, adjusted gross income of $350K or less and $6 million or less in assets. Demonstrate good character and potential to perform on contracts.
How many 8a companies are there 2020?
Of all the businesses in the United States (more than 24 million approximately), fewer than 9,000 have been 8a certified.
When did the 8a program start?
The program was created by the Small Business Development Act of 1958 and the regulations governing the act and it’s subsequent amendments generally fall under 13 CFR part 124.
How many 8 A firms are there?
Participation in the SBA’s 8(a) Program has declined from about 7,000 firms in 2010 to only around 4,500 today–a sharp drop of approximately 34% in only six years.
How can I find an 8 business?
How to find 8(a) program contractors
- Get personal assistance from the SBA’s local district offices.
- Contact your agency’s Office of Small & Disadvantaged Business Utilization or your Agency Small Business Specialist.
- Issue a sources sought announcement in FedBizOpps seeking interested 8(a) small businesses.
What makes an 8A contractor an 8 a contractor?
Ability to form joint ventures and teaming agreements to bid on contracts. An 8 (a) firm would be interested in doing this to be able to secure larger contracts that it is otherwise unable to bid. Access to the 8 (a) Business Development Mentor Protégé program.
What do you need to know about the 8a program?
Named for the section of the Small Business Act, this program is designed to help small, disadvantaged businesses complete for federal contracts. Many types of contracting are available in the program, supply, various service as well as construction. A portion of all federal contracting is set aside for contractors in the 8a program.
Who is eligible for an 8A schedule contract?
An 8a Contractor is a small business that has proven to the GSA it is socially or economically disadvantaged. Most any small American business (whether socially or economically disadvantaged or not) can obtain a GSA schedule contract and be…
What can An 8a business take advantage of?
Once 8a Certified, the 8a Business is then able to take advantage of any number of contracts which the federal government has mandated can only be fulfilled by 8a businesses. These mandated contracts are known as ” Small Business Set Asides .” More specifically, “8a Small Business Set Asides.”