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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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Presentation Transcript
slide6

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

slide10

Native Hawaiian Owned 8(a) Firms

Contract and Modification Awards

2003-2006

business assistance and contracting programs
Business Assistance and Contracting Programs
  • 8(a) Business Development Program
  • Small Disadvantaged Business Certification Program
  • HUBZone Empowerment Contracting Program (HUBZone)
what is the 8 a business development program
What is the 8(a) Business Development Program?

A business development program created to help small disadvantaged businesses compete in the American economy and access the federal procurement market.

basic eligibility requirements for 8 a certification
Basic Eligibility Requirements for 8(a) Certification

The applicant firm:

  • must be a small business
  • 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, and
  • must demonstrate potential for success

Note: Small Business Concerns owned by native Hawaiian Organizations (NHOs) may also be eligible for participation.

8 a business development program program benefits
8(a) Business Development Program - Program Benefits
  • Access to contracts set aside by Federal agencies for 8(a) BD program
    • Sole Source or Competitive
  • Specialized training, counseling
  • Access to Federal surplus property
  • Small Disadvantaged Business (SDB) certification
  • Term of participation: 9 years
8 a bd contracts sole source or competitive
8(a)BD Contracts – Sole Source or Competitive
  • Sole source: A requirement offered to the 8(a)BD program by a federal procuring agency as a result of aggressive self marketing on the part of the 8(a)BD firm.
  • Competitive:

(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).

sba hawaii district office 8 a business development program
SBA Hawaii District Office 8(a) Business Development Program

Portfolio Growth

  • 9/30/00 - 118 firms
  • 9/30/01 - 157 firms
  • 9/30/02 – 185 firms
  • 9/30/03 – 206 firms
  • 9/30/04 – 225 firms
  • 9/30/05 – 220 firms
  • 9/30/06 – 211 firms
8 a bd program more information
8(a)BD Program – More information
  • Go to www.sba.gov/8abd
  • Take the online training course “Guide to the 8(a) Business Development Program”
  • Review Frequently Asked Questions & Answers
  • Review Code of Federal Regulations - 13 CFR 124
  • E-Mail questions to 8ABD@sba.gov
small disadvantaged business certification sdb
Small Disadvantaged Business Certification (SDB)

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).

benefits of sdb certification
Benefits of SDB Certification

SDB certification strictly pertains to benefits in federal procurement.

  • A small disadvantaged business may be eligible for price evaluation adjustments of up to 10 percent when bidding on federal contracts in certain industries.
  • The program also provides evaluation credits for prime contractors who achieve SDB subcontracting targets. The program is intended to help federal agencies achieve the government-wide goal of 5 percent SDB participation in prime contracting.
sdb more information
SDB - More information
  • Go to www.sba.gov/sdb
  • Review Frequently Asked Questions & Answers
  • Review online PowerPoint presentation
  • Review Code of Federal Regulations - 13 CFR 124
  • E-Mail questions to SDB@sba.gov
what is the purpose of the hubzone program
What is the purpose of the HUBZone program?

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.

hubzone program requirements
HUBZone Program Requirements

The following eligibility criteria must be met:

  • Small business
  • Principal office must be located in a HUBZone
  • Owned (51%) and controlled by U. S. citizens
  • At least 35% of total workforce must reside in a HUBZone
what benefits do small businesses receive under this program
What benefits do small businesses receive under this program?
  • HUBZone Contract Opportunities

- Competitive

- Sole source

- Full and open with a price evaluation preference

- Subcontracting

  • Other Specialized Assistance

- 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.

hubzone more information
HUBZone – More information
  • Go to www.sba.gov/hubzone
  • Review Frequently Asked Questions & Answers
  • Review Code of Federal Regulations - 13 CFR 126
additional contracting programs
Additional Contracting Programs
  • Service-Disabled Veteran Owned Small Business Concern – 13 CFR 125.8
  • Women-Owned Small Business Concern