The Efficiency Group is a Certified Participant in the
Small Business Administration (SBA) 8(a) Program
Section 8(a) of the Small Business Act created a business development program that enables the SBA to assist small, disadvantaged firms in developing their businesses. A firm is rigorously evaluated on its ownership, operations, financial health, and past performance before being admitted to the program. Once accepted, the firm is required to provide SBA a detailed business plan and show continued success as a viable, strong business entity.
The SBA’s 8(a) business development program runs for a period of 9 years and enables Federal Government agencies to contract directly with certified 8(a) contractors.
The 8(a) sole source vehicle provides agencies a simplified and shortened acquisition procedure which offers the following benefits:
- Reduced decision cycle: the time required to award an 8(a) sole source contract is usually within weeks
- Lowered administrative costs: procurement process and time is reduced to a minimum
- Best value pricing: agencies negotiate with the firm directly to get the best value
- Best value services: agencies can evaluate the capability and qualifications of an 8(a) firm before making an award
- Credit for promoting small business participation within agency
- A contract can be initiated with a simple high level statement of work
Want to learn more about 8(a) procurement can speed up your project?
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