Federal Certifications | State and Local Certifications | ||||
8(a) Business Development Program | Small Disadvantaged Business Program | HUBZONE Program | U.S. Department of Transportation (DBE) | Women & Minority Small Business | |
Business Size | Must be small business by SBA size standards. | Not applicable at this time | |||
Citizenship | Owned and controlled by U.S. standards as a U.S. citizen or permanent resident | U.S. citizens or permanent resident | |||
Social Qualification | Social disadvantaged person(s) who own and control at least 51% of their company. | Principal office located within a HUB Zone. At least 35% of firm’s employees must be HUB Zone residents. | Socially disadvantaged person’s) who own and control at least 51% of their company. | Firms owned and controlled (at least 51%) by women or minorities. | |
Economic Qualification | Maximum $250,000 personal net worth at time of application, $750,000 personal net worth during participation. | Maximum $750,000 personal net worth at time of application and during participation | Not Applicable | Maximum $1.32 Million personal net worth at time of application and during participation | Not Applicable |
Length in Business | 2 years (recommended) | Not Applicable | Not Applicable | Not Applicable | Not Applicable |
Major Benefits | SBA training and business development. 8(a) only contract bidding | Possible 10% price Evaluation Preference. Meets goals for prime contractors | Contracts awarded to HUB Zone firm if 2 or more qualified HUB Zone firms are eligible bidders | Eligible to participate toward State goals in Federally-funded transportation contracts | Eligible to participate in local agency & Government Prime Contractors goals. |
Eligibility Time Line | 9 years maximum | None | None | None | None |
Eligibility Review | Annually | Every 3 years | None | Every 3 years with annual statements of change | Every 3 years with annual statements of change |
Sole Source Contracting | Available to program participants. | Not available | Limited to when insufficient HUB Zone companies for competitive bidding | Not Available | Not Applicable |
Application Submission | Submit to SBA Regional Processing Center Designated by SBA Washington D.C. | Self Certification submitted to SBA, Washington D.C. | SBA Washington D.C. HUB Zone Office | Administered by State Agencies | Administered by Local Agencies |
Citizenship | Listed in SAM. University based business training. Automatically certified as SDB | Listed in SAM. | Listed in SAM 10%. Price Evaluation Preference may be available. 90% guaranty (80% standard) on surety bond guarantees | Directory is posted on State’s web-site, increasing visibility of vendor. | Meet goals for prime contractors NOTE: certification also available at state and local levels. |
Fees | Fee Schedule | Fee Schedule | Fee Schedule | Fee Schedule | Fee Schedule |
Contact TMM for application packaging and counseling on the application process at 323.376.0162, or email info@tmminfo.biz |