SBA 8(a), SDVOSB & HUBZone Flashcards

What is the maximum dollar threshold for a sole-source 8(a) contract awarded to a firm in the manufacturing sector?

Answer: $22 million

The sole-source threshold for 8(a) manufacturing contracts is $22 million; non-manufacturing sole-source contracts are capped at $4.5 million.

Which SBA program specifically requires a business to be located in a historically underutilized business zone?

Answer: HUBZone

The HUBZone program requires the principal office to be located in a designated Historically Underutilized Business Zone.

A veteran with a 20% service-connected disability rating applies for SDVOSB certification. Are they eligible?

Answer: Yes, any service-connected disability qualifies

The VA and SBA define a service-disabled veteran as having any service-connected disability rating, with no minimum percentage required.

Under the HUBZone program, what percentage of a firm's employees must reside in a HUBZone?

Answer: 25%

At least 35% of a HUBZone firm's employees must reside in a HUBZone.

An 8(a) firm has been in the program for 6 years. Which phase are they currently in?

Answer: Transitional stage

The 8(a) program has two stages: developmental (years 1–4) and transitional (years 5–9), so year 6 falls in the transitional stage.

Which agency maintains the official list of certified HUBZone small businesses eligible for federal contracts?

Answer: SBA

The SBA maintains the Dynamic Small Business Search (DSBS) and the HUBZone map and certified firm list.

What happens to an 8(a) firm's eligibility if the disadvantaged owner's net worth exceeds $750,000 (excluding primary residence and business equity)?

Answer: The firm may be found ineligible upon SBA review

Exceeding the $750,000 net worth threshold is grounds for SBA to find the participant no longer economically disadvantaged and remove them from the program.