SBA Partnership with the U.S. Navy Spells Opportunity for Small Business

The Small Business Administration (SBA) and the U.S. Department of the Navy have signed a Memorandum of Agreement that will improve federal contracting opportunities for small businesses participating in the SBA's 8(a) Business Development program in all 50 states. The 8(a) program is a business development program that provides management and technical assistance, as well as assistance in identifying federal contracting opportunities, to socially and economically disadvantaged businesses. These firms will have the opportunity to perform 22 types of services, including research and development support, engineering and acquisition logistics support. The agreement allows the Navy to expedite the competition and award process directly with 8(a) firms without SBA as an intermediary. Other benefits of the partnership agreement include: Contract opportunities for 8(a) firms in the states affected by these procurements; Restriction of task order requirements under the Multiple... [Read Full Article]