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"Disadvantaged" Small Businesses: Definitions and Designations for Purposes of Federal and Federally Funded Contracting
This report discusses what constitutes a "disadvantaged" small business for purposes of federal and federally funded contracting programs and how firms are certified or otherwise designated as such. Three primary categories of disadvantaged small businesses are currently eligible for various contracting programs: (1) small businesses participating in the Small Business Administration's (SBA's) Minority Small Business and Capital Ownership Development Program (commonly known as the 8(a) Program) (8(a) participants); (2) "small disadvantaged businesses" (SDBs) and (3) "disadvantaged business enterprises" (DBEs).1 These firms are characterized as "disadvantaged" because they are at least 51% unconditionally owned and controlled by socially and economically disadvantaged individuals or groups.2 Members of certain racial and ethnic groups are presumed to be disadvantaged, and other individuals can prove personal disadvantage by a preponderance of the evidence. Veterans and persons with disabilities are not presumed to be disadvantaged for purposes of these programs. However, there are separate contracting programs for them.3 Disadvantaged groups include Indian tribes, Alaska Native Corporations, Native Hawaiian Organizations, and Community Development Corporations.4 In FY2011, the federal government awarded $32.4 billion in contacts or subcontracts to SDBs,5 including $16.7 billion in contracts to 8(a) participants.6 DBEs reportedly received about $4 billion through state and local governments in one recent fiscal year.7
This package includes following files:
| # | File Name | Document Date | Order ID: | Number of Pages | Price | |
|---|---|---|---|---|---|---|
| 1 |
R40987.pdf
|
Nov 20, 2012 | R40987 | 15 | $29.95 | Add to Cart |
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