What are the 8a certification benefits?
The 8a certification benefits are in plenty for small and disadvantaged companies owned by US citizens in the country. Those are willing to do business with the federal, procure certification from the SBA and start the process to get the federal contracts.
The controversy about the 8a program is that the certification is not important and is a useless document. But, there are certain 8a certification benefits which makes it a winner in the federal market. Let’s understand the advantages to validate the certification program
1. Ample time to set the footing- it is sort of entry level which lasts for a considerable amount of nine long years, enough time for any company to establish itself. The 8a certification allows them to do business with the Federal and its agencies as well. The eligibility criteria are simple yet it takes a long time as the application is closely reviewed and re-reviewed by the SBA before awarding the certification.
2. Mentor protégé- since the small companies cannot undertake huge federal orders they can collaborate with other companies which act as mentor protégé from them. This not only increases the opportunities but also let them experience the huge collaboration with other companies.
3. Sole source contracts-The contracts awarded is sole-sourced, where the ceiling is fixed to a humungous amount of $4millions for goods and services providing companies. For a manufacturing company, the ceiling price is hiked to $6.5 million.
4. SBA allows the companies to grow- Joint ventures and team performance of the 8a firms are well accepted by GSA, so the program allows performing and scaling new heights.
5. Limited competitors- out of 24 million businesses in the US only 8,500 are 8a certified businesses. So, the competition is very much reduced and is one of the most significant 8a certification benefits.
The author is a business blogger who works for 8a certification ADVANCE 8A that offers the best quality 8a certification in the USA. The company has its Business office located at 4 Interstate Access Road, Suite C Wilder, KY 41076 and can be contacted by Phone +1 703-688-3546, Interested people can visit the company website http://www.8acertification.net for more information.
1. Ample time to set the footing- it is sort of entry level which lasts for a considerable amount of nine long years, enough time for any company to establish itself. The 8a certification allows them to do business with the Federal and its agencies as well. The eligibility criteria are simple yet it takes a long time as the application is closely reviewed and re-reviewed by the SBA before awarding the certification.
2. Mentor protégé- since the small companies cannot undertake huge federal orders they can collaborate with other companies which act as mentor protégé from them. This not only increases the opportunities but also let them experience the huge collaboration with other companies.
3. Sole source contracts-The contracts awarded is sole-sourced, where the ceiling is fixed to a humungous amount of $4millions for goods and services providing companies. For a manufacturing company, the ceiling price is hiked to $6.5 million.
4. SBA allows the companies to grow- Joint ventures and team performance of the 8a firms are well accepted by GSA, so the program allows performing and scaling new heights.
5. Limited competitors- out of 24 million businesses in the US only 8,500 are 8a certified businesses. So, the competition is very much reduced and is one of the most significant 8a certification benefits.
The author is a business blogger who works for 8a certification ADVANCE 8A that offers the best quality 8a certification in the USA. The company has its Business office located at 4 Interstate Access Road, Suite C Wilder, KY 41076 and can be contacted by Phone +1 703-688-3546, Interested people can visit the company website http://www.8acertification.net for more information.
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