How 8a Certification Companies Can Help Defense Contractors Sole-Survey Federal Contracts
As a defense contractor, you can take advantage of the benefits of the 8a program by choosing to sole-source your contracts from certified companies. This government procurement program eliminates much of the red tape that comes with federal contracting. For example, you no longer need to fill out a complicated RFQ form to get a bid from a company that is 8a certified. Furthermore, the size of the contracts that these firms receive can be substantial. Typically, these contracts are valued at around $4 million for products and $65 million for manufacturing firms.
In order to qualify for this program, your company must be at least two years old and have completed a business plan. It should also have financial statements to prove its viability. Applicants must provide financial statements and offer services and products that are suitable for federal contracts. Depending on the industry, and 8a-certified company may be in the construction, office support, manufacturing, and technology industries. Getting 8a certification services allows small businesses to compete with larger corporations in the government market.
In order to be eligible for the 8a certification, a company must be a small business that has been in operation for at least two years. The company must also submit a business plan and financial statements that prove it meets federal standards. The 8a program is beneficial to the government because it is a great way to obtain a federal contract and earn huge profits. The SBA is the largest organization that certifies companies, and it is an important source of assistance for disadvantaged business owners.
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