8a certification program,8a Certification,8a Certification Application

The SBA 8a program has many benefits and gains. The disadvantaged businesses or firms who are unable to perform to their potential because of their disadvantages are benefited from the program. The benefits are listed below Sole source contracts- the 8a participants do not need to go through a competitive process of sole source contracts. There is a ceiling of up to $4 million for goods and services and up to $7 million for manufacturing. set aside opportunities- the 8a program has reserved acquisitions for all small businesses or categories that make the businesses or firms eligible for the 8a certification. Teaming opportunities- the 8a certified companies are eligible for Mentor Protégé from the large firms or companies to pursue more complex contract opportunities. Joint Ventures are also allowed to gain huge contracts which are not feasible for small disadvantaged firms. The 8a program makes teaming opportunities possible for them. The 8a companies not only get o

1. Sole-sourcing -  These are contact vehicles that allows the federal government to award contracts to 8a certified firms, without even putting them up for a bid. It allows 8a firms to win contracts a fair price without competitors ever knowing about it. 8a firms in their 3rd and 4th years and beyond being certified win most of their contracts using their vehicle. 2. Limited competitors - SBA certification limits the field of competition on federal contracts. Out of approximately 24 million businesses in USA, only 8500 are 8a certified. 3. Large federal Spending - Federal government spent over $30 billion dollars in the 8a program. Average of $3 million per 8a firm. 4. Reduction of red tape - Sole sourcing of 8a certified firms , reduces or eliminates the red tape involved in red tape involved in federal contracting. Allowing the business owners to focus on running their business, rather than submitting complex RFQ forms. 5. Large contracts - Contracts awarded can

8a certification costs can be agreed as the cost that an candidate might have to incur in order to get his business licensed, right from sending in his application to getting his application approved by Small Business Administration (SBA) which happens to be the nodal agency for approving all 8a certification applications. Though it is free for candidates to file for small business administration 8a sanctioned, one still has to incur some 8a certification cost after meeting the elementary requirements crucial for 8a certification. While placing the application supplies, few small costs are included in the procedure, which can be considered as minimal 8a certification costs ascending out of the entire process and not the one required to be acquiesced to the nodal agency for request, contemplation or reexamination of your 8a certification application. You need to keep an fiscal narrative ready with your submission which proves you are economically underprivileged and your assertio

8a certification can unlock a lot of benefits for your business and that’s why it has the most amount of hype around it.  SBA receives a lot of applications from eligible candidates every year, but only a handful manage to get approval even from among the ones who meet all the eligibility requirements. Getting 8a certified is very difficult and along with strong planning, you also needed a little bit of luck for your application to get approved by SBA.   60 % of small businesses fail the requirements for how to get 8a certification. Upon reconsideration, only 40% actually convince the SBA to grant their 8a status, hence it goes without saying that getting certified from SBA is very complex and competitive at the same time. Thus, one is always advised to hire 8a certification consultants to better their chances at approval, because an experienced professional’s guidance always adds to the validity of the claims.  There are a lot of 8a certification consultants and you need to ch

The dedication, personal involvement, passion, pragmatism and professionalism of some top 8a consulting firms like ez8a collectively has resulted in many satisfied customers over the years, who got the much need push to their entrepreneurial ambitions by getting their 8a certification application approved The reason behind the stellar success the top 8a consulting firms in getting their clients’ 8a certification application approved lies in their ability to simplify a difficult submission package and assist in organizing all the requirements into a doable task.  With years of experience which has now become an expertise, the top 8a consulting firms will make the entire process simple, easy and navigate you through all the usual roadblocks, hurdles and red flags that might come up on the path of you getting certified. . 8a certification application approvals help the clients as they get federal preferences in contract award which further helps them obtain the correct federal contra

In the US alone there is 6 million minority based business, but less than .01 of them have joined in SBA’s 8a Certification plan. This is an incentive- based program to support the operations and profitability of small businesses that are socially and economically disadvantaged. It is not a good idea to overlook the benefits. 8a Certificate when approved/awarded to any firm provides it a competitive advantage in government procurement. It is mandated for a lot of agencies to reserve opportunities for small businesses. This gives the disadvantaged business to expand and grow in the authenticated sector. 8a Business also allows them to own sole source contracts if they are listed with GSA’s certification. These sole -source contracts have a whopping $4 million ceiling for goods and services and for manufacturing it is $6.5 million for manufacturing. 8a Business by GSA is exclusively for small disadvantaged businesses; they should not miss the opportunity to enter the ma

8a certification costs can be understood as the cost that an applicant might have to incur in order to get his business certified, right from sending in his application to getting his application approved by Small Business Administration (SBA) which happens to be the nodal agency for approving all 8a certification applications.  Though it is free for applicants to file for small business administration 8a authorization, one still has to incur some 8a certification costs after meeting the basic requirements essential for 8a certification. While arranging the application supplies, few small costs are included in the process, which can be considered as minimal 8a certification application costs arising out of the entire process and not the one required to be submitted to the nodal agency for application, consideration or reconsideration of your 8a certification application.  Getting photocopies of the formation documents of the firm can be considered one among many minimal 8a certi

8a certification processing time implies the timeline and moreover the time required to go through all the steps involved in getting a business certified by the nodal agency approving all 8a certification applications, which happens to be Small Business Administration (SBA). The time required to prepare and assemble the 8a application varies from client to client, but mostly it has been seen that it takes between a month and half with the SBA being able to approve the certification within 4 months, depending upon the applicant meeting all the basic credentials and having other satisfactory economic and social narratives handy to satisfy the basic requirements.    Overall it is estimated that the entire 8a certification processing time runs up to 6 months on average, with the lucky ones seeing their applications being cleared within 6 months, and the unlucky ones see their applications stretching beyond 6 months and even getting decline. 6 months remains the average 8a certification

The 8a certification timeline is the time frame to get 8a certification done which is a step by step process. The nodal agency that approves the certification is known a Small Business Administration or SBA. It is an estimated time and differs for each and every applicant. The applicant takes around 6 weeks to prepare and assemble all the information, credentials, other social and economic narratives. However, this time should be considered or included in the 8a certification timeline. But there are cases where it takes more time for an applicant for preparing to get started. Once the documents are submitted, SBA takes around 4 months for approval. This is not a stipulated but an estimated time. So, it is fair to consider that around 6 months is the median 8a certification timeline including the time taken for the submission of details of the applicants and application. A few unsuccessful applications are declined and they are again forced to be in square one position. Well, the ti

The Federal government is undoubtedly the biggest buyer in the world, but to find the buying agencies or 8a contracts for your company is a challenge. What is the preference of the government agencies for buying and how to find it? The federal government is not restricted to any products, they buy almost everything. The challenge is to find the federal agencies who are buying the particular goods and services. No one can sell to the government if there is no catalog for their requirement. To fetch 8a contracts , a few pointers that work for sure. The FBO or Federal Business Opportunities is the online service operated by the federal government. This is a single entry website maintained by the government and announces the available opportunities for business. The search can be shortened by maintaining an account to receive the opportunities via email.  The 8a contracts announced on this portal are over $25,000. Contact the OSDBU (Office of Small Disadvantaged Business

The SBA 8a Minority Certification program is planned to aid the disadvantaged businesses to trade in the Federal market. To give them their due share and not to get lost in the competition, the certification believes in providing the fair chance to them. The eligibility criteria are that there must be control and share of a minimum of 51% of the owner who should be an American citizen. SBA 8a Minority Certification can be availed by women as well, but they need to fulfill the criteria for eligibility norms. There are multi-benefits of certification. Once they receive the certification, they can avail the business training, marketing aid, the top level execute expansion, and counseling as well. Assistance while acquiring admission to government properties and supplies and loans which are guaranteed by SBA can be availed. SBA 8a Minority Certification also allows sole-source contracts where there is a cap of $4 millions to services and goods, whereas $6.5 million for production