white papers

8a Certification – Who is Economically Disadvantaged

2/12/2017

There are three general thresholds for being economically disadvantaged. (Spouses are not included in this calculation and should be broken-out separate from the applicant.) Personal Income and Net Worth 1. Adjusted net worth of $250,000 or less, the exclusions to the calculation are as follows: a. Equity in primary residence. b. Value of the 8a applicant firm. c. The value
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8a Burden of Proof

1/28/2017

With the Rule Changes published effective on March 14, 2011 the Burden of Proof was placed upon the applicant for incomplete or inaccurate information. If information is not present that is required the information is “presumed to be adverse to the application.” Therefore it is critical that the applicant conduct a thorough search them to make
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8a business development program “Make it work for your firm!”

1/6/2017

The goal of the nine year 8a business development program is to prepare a company that is both socially and economically disadvantaged to make the next step in becoming a federal prime contractor. It has been our experience that firms with a clear marketing plan utilizing joint venture and mentor protégé agreements are typically the
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SBA Form 413 – Personal Financial Statements

1/1/2017

As part of our consulting practice we prepare reconsiderations to the SBA for failed 8(a) applications. Many of the common mistakes people make when completing the 8a application are related to the Form 413 – Personal Financial Statement. Here are the most common problems we see with applicant’s SBA Form 413. 1. All Assets should be included on form
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8a Certification Qualification

12/12/2016

The Federal Government spends approximately $6B annually with 8(a) construction firms. This amount is approximately 20% of the Federal Governments annual construction budget of $30B. I have broken down the budget by States/US territory to show the total amount of Federal Spending in each location. Included is also transactional data with the average revenue per 8(a) firm in
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How to Apply for 8a

11/21/2016

The 8(a) certification is for firms that are deemed by the SBA to be owned by individuals who are both socially and economically disadvantaged. The largest business development tool of the 8(a) program is the award of primary Federal contracts to the 8(a) concern. This is done through competitive 8a contracts or through set-aside contracts
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In Case You Missed The Rule Changes That Took Place on March 14, 2011 To The 8a Program

11/1/2016

These rules open up the 8(a) Program by removing Retirement Accounts and other items from the Economic Disadvantage Equation. Retirement accounts no-longer count towards the $250,000 threshold and are now excluded with the equity in your primary residence as well as the value of your business. Call us for a free consultation on how these new
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In Case You Missed The Rule Changes That Took Place on March 14, 2011 To The 8a Program

11/1/2016

These rules open up the 8(a) Program by removing Retirement Accounts and other items from the Economic Disadvantage Equation. Retirement accounts no-longer count towards the $250,000 threshold and are now excluded with the equity in your primary residence as well as the value of your business. Call us for a free consultation on how these new
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