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SBA 8(a), SDVOSB & HUBZone Flashcards

7 cards from real FCC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 SBA 8(a), SDVOSB & HUBZone flashcards as text
  1. Which of the following is NOT a criterion for 8(a) program eligibility?

    Answer: The firm must have been in business for at least two years

    There is no two-year business operation requirement for 8(a) eligibility; however, the SBA does look for potential for success, often evidenced by operating history.

  2. A VOSB and an SDVOSB are competing for the same VA contract set-aside. Which has priority?

    Answer: SDVOSB, because the VA must first exhaust SDVOSB set-asides before opening to VOSB

    VA acquisition regulations implement a hierarchy requiring the VA to first seek SDVOSB set-asides before considering VOSB set-asides (the 'Rule of Two' applies at each tier).

  3. What is the term for the nine-year maximum time period an 8(a) participant may remain in the program?

    Answer: Term of participation

    The SBA refers to the nine-year maximum as the 'term of participation,' split into developmental (years 1–4) and transitional (years 5–9) stages.

  4. Which of the following best describes 'economic disadvantage' as used in SBA 8(a) eligibility?

    Answer: Net worth below $750,000 (with exclusions) and limited ability to compete in the private sector

    Economic disadvantage under 8(a) means the individual's net worth (excluding primary residence and business equity) is below $750,000 and their access to capital and credit is impaired.

  5. What must an SDVOSB firm do if the service-disabled veteran owner dies during contract performance?

    Answer: The firm may complete the contract; SBA determines ongoing eligibility

    If the service-disabled veteran owner dies, the firm may continue performing existing contracts; the SBA will assess whether ongoing eligibility requirements are still met.

  6. Which FAR subpart governs the HUBZone Program contracting procedures?

    Answer: FAR Subpart 19.13

    FAR Subpart 19.13 covers the HUBZone Program, including set-aside and sole-source procedures.

  7. Under the HUBZone program, what is the maximum dollar threshold for a sole-source award to a HUBZone small business for non-manufacturing contracts?

    Answer: $4.5 million

    The HUBZone sole-source threshold for non-manufacturing acquisitions is $4.5 million, matching the 8(a) non-manufacturing threshold.