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8a program is a 9 year program for socially, econmically and disadvantaged businesses where the government sole source or award company contracts without having to bid. This a very powerful certifications
Entity-owned 8(a) program participants are eligible for sole-source contracts above these thresholds, but the Department of Defense requires approval of a formal justification if the 8(a) sole-source contract exceeds $100 million; all other federal agencies require approval for sole-source 8(a) contract actions that exceed $25 million.
8(a) program participants are eligible to compete for contract awards under other socio-economic programs or small business set-asides they qualify for.
QUALIFICATIONS
- Be a small business
- Not have previously participated in the 8(a) program
- Be at least 51% owned and controlled by U.S. citizens who are socially and economically disadvantaged
- Have a personal net worth of $750 thousand or less, adjusted gross income of $350 thousand or less, and assets totaling $6 million or less
- Demonstrate good character
- Demonstrate the potential for success such as having been in business for two years
8A PROGRAM
Once the processing has begun, and for whatever reason you decide that this service is not benefical for your business. 25% of the total will be returned back to the form of payment utilies
PROCESSING TAKES PLACE AFTER CONSULATION HAS TAKEN PLACE AND DOCUMENT HAVE GATHERD THE ORDER HAS BEEN MADE. PROCESSING ONLY TAKES PLACE ON BUISNESS DAYS. IF YOU HAVE PURCHASED SERVICE ON WEEKEND OR HOLIDAY, PROCESSING WILL BEGIN THE FOLOWING BUSINESS DAY.
VENDOR PROCESSING TIME IS UP TO 90 DAYS
If your application is determined incomplete, SBA will notify you in writing. Once certified your profile in SAM and Dynamic Small Business Search will show your approval date and exit date for the 8(a) program.
PROCESSING TAKES PLACE AFTER CONSULATION HAS TAKEN PLACE AND DOCUMENT HAVE GATHERD THE ORDER HAS BEEN MADE. PROCESSING ONLY TAKES PLACE ON BUISNESS DAYS. IF YOU HAVE PURCHASED SERVICE ON WEEKEND OR HOLIDAY, PROCESSING WILL BEGIN THE FOLOWING BUSINESS DAY.
VENDOR PROCESSING TIME IS UP TO 90 DAYS
If your application is determined incomplete, SBA will notify you in writing. Once certified your profile in SAM and Dynamic Small Business Search will show your approval date and exit date for the 8(a) program.