The federal government's goal is to award at least five percent of all federal contracting dollars to small disadvantaged businesses each year. § 124.109 Do Indian tribes and Alaska Native Corporations have any special rules for applying to the 8(a) BD program?
Changes to SBA’s 8(a) BD Mentor/Protégé Program, Our industry teams collaborate across practice areas to deliver in-depth solutions to the most complex business challenges. § 124.202 How must an application be filed? § 124.403 How is a business plan updated and modified?
§ 124.205 Can an applicant ask SBA to reconsider SBA's initial decision to decline its application? 8(a) BUSINESS DEVELOPMENT/SMALL DISADVANTAGED BUSINESS STATUS DETERMINATIONS. § 124.503 How does SBA accept a procurement for award through the 8(a) BD program? The exception to affiliation for joint ventures under the SBA’s mentor/protégé program now extends to federal subcontracts; Mentors will now be allowed to have three protégés at the same time; Mentors will be subject to harsh consequences for failing to provide the required assistance under a Mentor/Protégé Agreement: SBA can recommend that the procuring agency issue a stop work order when the mentor and protégé are performing as a joint venture. Project manager is an employee of the 8(a) participant; For joint ventures opting not to form a separate legal entity, the 8(a) participant should receive profits commensurate with the work it performs. A joint venture is now eligible to receive three contract awards over a two-year period. The new rules affect SBA’s 8(a) Business Development (“BD”) program, SBA’s mentor/protégé program, and its joint venture regulations. The final rule can be found here .
Here at SmallGovCon, we’ve already covered big changes to the SDVOSB Program and HUBZone Program brought about by the new SBA rule. Unpopulated joint ventures (or joint ventures populated with only administrative personnel) must show: The 8(a) participant is performing at least 40% of the work done by the joint venture; and. § 124.521 What are the requirements for representing 8(a) status, and what are the penalties for misrepresentation? § 124.101 What are the basic requirements a concern must meet for the 8(a) BD program? § 124.1 What is the purpose of the 8(a) Business Development program? § 124.106 When do disadvantaged individuals control an applicant or Participant? Further, SBA will consider a spouse’s financial condition only if he or she plays a role in the business or has provided financial or other support; The personal income threshold will now be $250,000 for purposes of initial qualification for the 8(a) BD program, and $350,000 for continued eligibility; An individual will not be considered economically disadvantaged if the fair market value of their assets exceeds $4 million at the time of the 8(a) BD application ($6 million for continued eligibility); and. § 124.505 When will SBA appeal the terms or conditions of a particular 8(a) contract or a procuring activity decision not to use the 8(a) BD program? § 124.702 What types of assistance are available through the 7(j) program? This approach gives our clients a greater perspective and ensures forward-thinking results. We bring together the best legal minds and reach beyond law to include experienced industry professionals. § 124.204 How does SBA process applications for 8(a) BD program admission? § 124.111 Do Community Development Corporations (CDCs) have any special rules for applying to the 8(a) BD program? § 124.512 Delegation of contract administration to procuring agencies. § 124.305 What is suspension and how is a Participant suspended from the 8(a) BD program? § 124.703 Who is eligible to receive 7(j) assistance? § 124.510 What limitations on subcontracting apply to an 8(a) contract? § 124.513 Under what circumstances can a joint venture be awarded an 8(a) contract? Subpart A - 8(a) Business Development (§§ 124.1 - 124.704) Subpart B - Eligibility, Certification, and Protests Relating to Federal Small Disadvantaged Business Programs (§§ 124.1001 - … § 124.516 Who decides contract disputes arising between a Participant and a procuring activity after the award of an 8(a) contract? § 124.504 What circumstances limit SBA's ability to accept a procurement for award as an 8(a) contract? Sweeping changes to Small Business Administration (“SBA”) regulations will go into effect on March 14, 2011. § 124.404 What business development assistance is available to Participants during the two stages of participation in the 8(a) BD program? If SBA determines that a protégé entered the program only to obtain contract awards knowing it would bring little or no value to the joint venture, SBA may initiate debarment proceedings or terminate the firm from 8(a) participation.
§ 124.508 How is an 8(a) contract executed?
The 8(a) Program regulations will undergo some significant changes as part of the major final rule recently released by the SBA, and effective August 24, 2016.. § 124.206 What appeal rights are available to an applicant that has been denied admission? § 124.102 What size business is eligible to participate in the 8(a) BD program? Read More, Our Government Contracts Practice Group represents domestic and international companies in all phases of government contracting, including bid protests, compliance with Federal laws and regulations, Defense Contract Audit Agency audits, compliance audits, Federal Supply Schedule procurements, contract administration, suspension and debarment, change order negotiations, litigation of claims and default terminations, and investigation and defense of False Claims Act allegations. § 124.104 Who is economically disadvantaged? Eligibility Requirements for Participation in the 8(a) Business Development Program, Management and Technical Assistance Program, Electronic Code of Federal Regulations (e-CFR), Part 124. § 124.701 What is the purpose of the 7(j) management and technical assistance program?
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