This enhances their ability to successfully compete for and perform larger prime contracts. Finally, 8(a) certified businesses can form joint ventures and teams to bid on contracts. Additionally, firms can receive sole-source contracts (up to a ceiling of $4 million for goods and services and $6.5 million for manufacturing). Among the certifications requiring such an application effort are the SBA’s 8(a) Business Development and HUBZone Programs.īecoming certified in the SBA’s 8(a) Business Development program allows firms to take advantage of specialized business training, counseling, marketing assistance and high-level executive development provided by the SBA and their resource partners. While some of the certifications require self-certification via your company’s System for Award Management (SAM) entity registration, there are other, often more valuable certifications that require a formal application to the SBA to be considered for program entry. These certifications are similar to professional certifications in that they document a special capability or status of a certified firm, and can often give the edge in competition for government procurement, as well as make your company more attractive as a teaming partner to the larger prime contractors, who also are held to small business subcontracting goals in the performance of their contracts. ![]() ![]() Many government agencies require that a certain percentage of all contracting and procurement spending be set aside for small businesses, and further incentivize companies that are able to obtain certain specific SBA certifications that are monitored and administered by the SBA. The SBA offers a number of certifications to help companies compete and succeed in the Federal marketplace.
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