The Small Business Administration (SBA) 8(a) Sole Source vehicle enables agencies to engage in direct buy contracts with certified contractors. Solvitur Systems’s SBA 8(a) and SDB business development certification is valid through March 2026.
The 8(a)sole source vehicle provides agencies a simplified and shortened acquisition procedure:
These steps can be accomplished within few days in most cases. It is also worthwhile to mention that Solvitur Systems has a great working relationship with the SBA-assigned Business Development Specialist (BDS) who is willing to help clarify any issue related to 8(a) programand facilitate any contract award.
Section 8(a) of the Small Business Act as amended by Congress, created the 8(a) business development program. This program enables SBA to assist small disadvantaged firmsto develop their businesses. In applying to the program, a firm is rigorously evaluated on its ownership, operations, financial health, and past performance. Once accepted, the firm is required to provide SBA a detailed business plan and annually show continued success as a viable, strong business entity.
Firms that are approved are certified by the SBA for a period of nine years. The SBA hassigned Memorandums of Understanding (MOUs) with Federal Agencies allowing them to contract directly with certified 8(a) firms. Participants can receive sole source contracts, up to a ceiling of $4.5 million for goods and services.