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NOV 2020The 8(a) Program is an essential instrument for helping socially and economically disadvantaged entrepreneurs gain … Practically all economic activity, which was not lost, was transitioned to remote delivery. No. We are simply asking that the Small Business Administration freeze the clock, on 8A graduation dates, until this pandemic is over and add 12 months to every 8As graduation date. It may seem counter-intuitive to get this wonderful certification and then immediately try to get work that doesn’t require it, but remember, it’s only 9 years. The tables also indicate if the assessment is part of the student’s GPA or not. Graduation ceremonies Graduating is an impressive accomplishment. How can I be sure my agency receives 8(a) credit? We, the undersigned, are writing to you as a concerned group of small businesses, all with 8(a) status. If a NAICS code and a size standard are included on a task order solicitation, should I assume I must re-represent my status? 227, 228, 229, 230, 231, 232, 233, 234, 235, 236, 237, 238, 239, 240, 241, 242, 243, 244, 245, 246, 812, 813, 814, 815, 247, 248, 249, 250, 251, 252, 253, 254, 255, 256, 816, 817, 257, 258, 259, 260, 261, 262, 263, 264, 265, 266, 267, 268, 269, 270, 271, 272, 273, 274, 275, 276, 277, 278, 279, 280, 281, 282, 283, 284, 285, 286, 287, 288, 289, 290, 291, 292, 293, 294, 295, 296, 297, 298, 299, 300, 301, 302, 303, 304, 305, 306, 307, 308, 309, 310, 311, 312, 313, 314, 315, 316, 317, 318, 319, 320, 321, 322, 323, 324, 325, 326, 327, 328, 329, 330, 331, 332, 818, 819, 333, 334, 335, 336, 337, 338, 340, 341, 342, 343, 344, 820, 821, 822, 345, 346, 347, 348, 349, 350, 351, 352, 353, 354, 355, 356, 357, 358, 823, 359, 360, 361, 362, 363, 364, 365, 366, 367, 368, 369, 370, 371, 372, 373, 374, 375, 376, 377, 378, 379, 380, 381, 382, 383, 384, 385, 386, 388, 389, 390 ,391, 392, 393, 394, 395, 396, 397, 398, 399, 400, 824, 401, 402, 403, 404, 405, 406, 407, 408, 409, 410, 411, 412, 413, 414, 415, 416 ,417, 418, 419, 420, 421, 422, 423, 424, 425, 426, 427, 428, 429, 430 ,431, 432, 433, 434, 435, 436, 437, 438, 439, 440, 441, 442, 001, 002, 003, 004, 005, 006, 007, 008, 009, 010, 011, 012, 013, 014, 015, 016, 017, 018, 019, 020 ,021, 022, 023, 024, 025, 026, 027, 028, 029, 030, 031, 032, 033, 034, 035, 036, 037, 038, 801, 802, 803, 804, 039, 040 ,041, 042, 043, 044, 045, 046, 047, 048, 049, 050, 805, 806, 053, 054, 055, 056, 057, 058, 059, 060, 061, 062, 063, 064, Recruit Training Command ~ 3355 Illinois Street, Great Lakes, IL 60088, https://www.facebook.com/NavyRecruitTrainingCommand, https://www.youtube.com/c/RTCPublicAffairs/community, 2020 RECRUIT TRAINING COMMAND GRADUATION SCHEDULE. Request a delegation of procurement authority. This situation greatly hampers the 8(a) ability to succeed and grow, as is the mission of the program and many of our firms have watched the clock tick away to graduation date. Willful violation by a concern, or any of its principals, of any SBA regulation pertaining to material issues. The term “terminate” is used to refer to a Participant’s exit from the 8(a) BD Program prior to the expiration of its program term for good cause. While these certifications are, like the 8(a) certification, size and owner limited, if you’re not looking to sell, they can be a good maintenance and growth vehicle. reporting contract actions in the Federal Procurement Database System (FPDS). Unlike 8(a), other designations such as Service-Disabled Veteran Owned, Woman Owned, Tribal, Hawaiian, etc. Failure by the concern to obtain prior written approval from SBA for any changes in ownership or business structure, management, or control. Account and CAC must be active through graduation date. By way of example, a $20M in revenue IT company could at a 10% margin generate 2M in profit. The 8(a) Program offers a broad scope of assistance to firms that are owned and controlled at least 51% by socially and economically disadvantaged individuals. Orders awarded on or after July 1, 2020 must be complete by June 30, 2022. Please understand that collectively as small businesses we appreciate and value all that you have done to assist small firms with programs such as the Paycheck Protection Program, Economic Injury Disaster Loans and other tools you have put in place in responding to the COVID-19 pandemic. The term “graduate” is used to refer to a Participant’s exit from the 8(a) BD Program at the expiration of the Participant’s term. For successful 8(a)s, this can become a problem. This is the cause of our collective dilemma. Yes, based on Section 8(a) of the Small Business Act (15 U.S.C. In determining whether a Participant has substantially achieved the targets, objectives and goals of its business plan and in assessing the overall competitive strength and viability of a Participant, SBA considers the totality of circumstances, including the following factors: (2) Sales trends, including improved ratio of non-8(a) sales to 8(a) sales since program entry; (3) Business net worth, financial ratios, working capital, capitalization, and access to credit and capital; (5) A comparison of the Participant's business and financial profiles with profiles of non-8(a) BD businesses having the same primary four-digit SIC code as the Participant; (6) Strength of management experience, capability, and expertise; and. Willful failure by the Participant business concern to comply with applicable labor standards and obligations. (7) Ability to operate successfully without 8(a) contracts. Many existing contracts are being extended with simply Covid as the justification. What is the 8(a) program? No. Failure by the concern to pursue competitive and commercial business in accordance with its business plan, or failure in other ways to make reasonable efforts to develop and achieve competitive viability. Please visit 8(a) STARS II, and review the right hand list entitled “Using 8(a) STARS II.”. When in doubt, ask the ordering contracting officer what their intention was early in the solicitation period. 8(a) Graduation or Termination The term “graduate” is used to refer to a Participant’s exit from the 8(a) BD Program at the expiration of the Participant’s term. In essence, 8(a)s have lost 6 months of their program to date and will further continue to lose time, until all returns to normalcy. This causes problems if your 8(a) graduation exit strategy is “graduate and sell.” Generally, the rule of thumb for business advisors advising buyers and sellers in the government contracts space is “no more than 25% of revenue from 8(a) contracts.” This means that the value of an 8(a) company is dramatically lowered in the market, sometimes to zero. Failure by the concern or one or more of the concern’s principals to maintain good character. }); Electronic Code of Federal Regulations (e-CFR), Part 124. 637 and FAR 19.8), you may award task orders at or under the $4.5 Million competitive threshold on a sole source basis. (c) Exceeding the size standard corresponding to the primary NAICS code. We also call this a directed order. Criteria for determining whether a Participant has met its goals and objectives. Is an SBA offer and acceptance required for my 8(a) STARS II directed (sole source) task order? But the qualified owner can’t withdraw more than $350K per year (averaged over 3 years and considering the owner’s salary as well). The 8(a) Program is a wonderful program filled with opportunities, many of them sole sourced opportunities, for small businesses. SBA may graduate a Participant prior to the expiration of its program term where excessive funds or other assets have been withdrawn from the Participant (see § 124.112(d)(3)), causing SBA to determine that the Participant has demonstrated the ability to compete in the marketplace without assistance under the 8(a) BD program. [†] Mandatory disclaimer, this isn’t legal advice, but this is based on my experience assisting a STARS II holder. With your digital signature, you consent to provide your name as a petitioner to the SBA. Exceeding the size standard corresponding to the primary NAICS code. We have voiced our concerns to our local District SBA Representatives and have sent inquiries to several Headquarters Offices and have been told that our points and concerns are valid and deserve an answer. if (!window._laq) { window._laq = []; } GWACs are for information technology and IT-related services. A lock ( 8(a) STARS II is authorized by the Clinger-Cohen Act to provide technology solutions to the federal government only. We also offer training and customer service to help you with contracting rules and regulations. However, we believe that the months since the beginning of the pandemic is time lost to our 8A program. However, many of the 8(a)s in our nation are now facing a dilemma due to impacts of the Coronavirus (COVID19). How can vendors who are not on the 8(a) STARS II GWAC participate? Revenues for her business had risen past the $15 million mark. With that in mind, here are a few strategies you can use to try to minimize the disruption your graduation will inevitably bring, and maximize your company’s value. We greatly appreciate your time reading this letter and considering this request. GSA STARS II is a great example of a contract like this. The Honorable Jovita Carranza Administrator of the U.S. Small Business Administration Office of the Administrator US Small Business Administration 409 3rd St, SW Washington DC 20416. How can I be sure my scope is consistent with the contract? Ordering contracting officers can conduct a task order size re-representation as a condition of new task order awards, if you think it is in your agency's best interest. window._laq.push(function(){liveagent.showWhenOnline('57330000000IEfy', document.getElementById('liveagent_button_online_57330000000IEfy')); To celebrate this with your family, friends and fellow students, your programme will organise an official graduation ceremony. What is graduation and what is early graduation. Thanks for dropping by! *To ensure students have the most
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