What is the dollar threshold for a justification of an 8 a sole source contract?

Generally speaking, contracting officers can award a contract to an 8(a) business on a sole source basis if the estimated cost is $4 million or less ($7 million for manufacturing).

What does direct award mean?

Direct Award is also known as Single Tender Actions and occur when a contract is awarded to a contractor without a competition or where there is a material change to an existing contract.

How long does it take to get 8a certified?

about 90-120 days
How long does it take to become SBA 8a certified? Normally, 8a SBA certification process takes about 90-120 days on average. However, if the application had any inconsistencies or errors, certification may take much longer.

Who is eligible for 8a certification?

SBA 8a Certification Eligibility Requirements The individual(s) must be an American citizen, by birth or naturalization. The business must be majority-owned (51 percent or more) and controlled/managed by socially and economically disadvantaged individual(s).

How long do you have to be in business to apply for 8a?

two years
The 8(a) program can be a valuable tool for experienced socially and economically disadvantaged small business owners, who have already been in business for at least two years or more, and are interested in expanding their footprint in the federal marketplace.

Can you sole source to an 8a?

If you are a small business, or 8a certified company, you can receive a sole source contract so long as the regulations allow for it. FAR regulations allow the contracting officer to utilize the statutes in order to serve the government’s interest.

What is the simplified acquisition threshold 2021?

$250,000
Purpose: This Recipient/Applicant Information Notice (RAIN) informs recipients and applicants that the general Micro-Purchase threshold for EPA assistance agreements has been increased from $3500 to $10,000 and that the Simplified Acquisition Threshold has been increased from $150,000 to $250,000.

What is a8 certification?

SBA (8a) is an ownership/diversity certification sponsored by the Small Business Association (SBA) of the United States government. The 8(a) program is a nine-year business development program that provides business training, counseling, marketing and technical assistance to small businesses that have been certified.

What is direct award in procurement?

Direct Award Contracts (DACs) occur when a contract is awarded to a contractor without a competition, or where there is a material change to an existing contract.