May 22-23, 2007 The 8(a) Portfolio April 2007 206 firms in the portfolio In 2006 – 114 firms with contracts/mods 651 transactions In 2005 – 110 firms with contracts/mods 716 transactions Current 8(a) Firms Owned by Native Hawaiian Organizations Native Hawaiian Owned 8(a) Firms
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April 2007 206 firms in the portfolio
In 2006 – 114 firms with contracts/mods 651 transactions
In 2005 – 110 firms with contracts/mods 716 transactions
Contract and Modification Awards
A business development program created to help small disadvantaged businesses compete in the American economy and access the federal procurement market.
The applicant firm:
Note: Small Business Concerns owned by native Hawaiian Organizations (NHOs) may also be eligible for participation.
(i) There is a reasonable expectation that at least two eligible participants will submit offers at a fair market price;
(ii) The anticipated award price of the contract including options, will exceed $5.5 million for contracts assigned manufacturing NAICS codes and $3.5 million for all other contracts; and
(iii) The requirement has not been accepted by SBA for award as a sole source 8(a) procurement on behalf of a tribally-owned or ANC-owned concern (or NHO-owned concern for DoD requirements only).
To qualify as a small disadvantaged business a firm must be unconditionally owned and controlled by one or more socially and economically disadvantaged individuals who are of good character and citizens of the United States.
The potential for success requirement does not apply and for the individual claiming economic disadvantaged status, his or her net worth must be less than $750,000 after taking into account the exclusions set forth in 13 CFR §124.102(c)(2).
SDB certification strictly pertains to benefits in federal procurement.
The purpose of the HUBZone program is to provide federal contracting assistance for qualified small business concerns (SBCs) located in historically underutilized business zones in an effort to increase employment opportunities, investment, and economic development in such areas.
The following eligibility criteria must be met:
- Sole source
- Full and open with a price evaluation preference
- Eligible HUBZone firms may qualify for higher SBA- guaranteed surety bonds.
- Firms in Federal Empowerment Zones and Enterprise Communities (EZ/EC) may also benefit from employer tax credits, tax-free facility bonds, and investment tax deductions.