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|Posted on November 19, 2012 at 8:35 PM||comments (12)|
Q. Don’t you as a Small Business have to perform 15% of the contract value of a subcontract?
A. That requirement pertains to an 8a set aside or Small Business set aside project with the direct contract with the government. It does not pertain to a first tier subcontractor on a project awarded to a General Contractor as the prime contractor. Small Business credits are properly accounted for by the prime contractor through the first tier subcontractors and material procurement directly purchased by the prime contractor. Looking at the Small Business Size Standards, design and manufacturing is based on the number of company employees and contracting is based on whether it is a specialty contract or general contracting contract requirements that must be met to qualify.
|Posted on August 16, 2012 at 6:04 PM||comments (0)|
NAICS codes - What are they, and where do I find them?
The North American Industry Classification System (NAICS) code is a six-digit code that represents types of industries. The NAICS has been designed as the index for statistical reporting of all economic activities of the U.S., Canada, and Mexico. If you are registering to be eligible for contracts or intra-governmental transactions, you will be asked for your NAICS codes (that describe what type of business you are in) within your the "Assertions" section of your entity registration on the "Goods and Services" page. On this page you can pull up NAICS codes by number or by search term, and then add them to your record. In the Glossary on this page, you will find a link to the NAICS search page within the Census Bureau's web site.
There are specific guidelines used by the Small Business Administration broken down by NAICS code as to what constitutes being a Small Business by the dollar volume of business done by year.
|Posted on February 28, 2012 at 1:21 PM||comments (3)|
The Office of Government Contracting determines whether a particular business qualifies as a small business under the existing size standards set forth in the Code of Federal Regulations. In general, these standards vary across industries. Currently, the same size standards apply for both procurement and financial assistance programs. A few SBA programs, such as Small Business Investment Companies and Surety Bonds, have unique size standards designed to accommodate their own specialized needs.With regard to procurement or sales of government property, a procuring (or selling) agency must accept as conclusive SBA's determination as to which firms are a "small business concern." Offerors on a procurement self-certify that they are small. In the case of protest by another firm or interested party questioning the size status of the low offeror, the SBA contracting officer will refer the protest to the appropriate area office.The area office makes initial size determinations within very tight time constraints (usually within 10 days of receiving a protest). Area office determinations may be appealed to the Office of Hearing and Appeals at SBA headquarters in Washington, D.C. by any of the interested parties.SBA has compiled a list of business entities that its Office of Government Contracting (Government Contracting) has determined are other than small under specific size standards. For the list, please see SBA list of Businesses Determined to be "Other Than Small".For questions or additional information on size standards:Office of Size Standards
U.S. Small Business Administration
Office of Government Contracting
409 3rd Street, S.W.
Washington, D.C. 20416