8(a) Sole Source
Contract Number: N/A
Contract Type: Sole Source – 8(a)
AIC’s SBA 8(a) and Small Disadvantaged Business (SDB) certification is valid through March 2025.
The Small Business Administration (SBA) 8(a) Sole Source vehicle enables agencies to engage in direct buy contracts with certified contractors. Section 8(a) of the Small Business Act as amended by Congress, created the 8(a) business development program enabling the SBA to assist small disadvantaged firms to develop their businesses. In applying to the program, a firm is rigorously evaluated on its ownership, operations, financial health, and past performance. Once accepted, the firm is required to provide SBA a detailed business plan and annually show continued success as a viable, strong business entity. Firms that are approved are certified by the SBA for a period of nine years. The SBA has signed Memorandums of Understanding (MOUs) with Federal Agencies allowing them to contract directly with certified 8(a) firms. Participants can receive sole source contracts, up to a ceiling of $4 million for goods and services.
The 8(a) sole source vehicle provides agencies a simplified and shortened acquisition procedure:
- Expedited process: an 8(a) sole source contract can be executed usually within days.
- Reduced administration: Lowering costs: procurement process and time.
- Best value, cost effective prices: agency negotiates with the firm directly to get the best value.
- AIC provides Small Business Credit: SDB 8A, EDWOSB/WOSB, SB
Email us for more information: ContactUS@aic-llc.us