January 25, 1999
Small Disadvantaged Business Program at the Chicago Operations Office
The Small Business Act (Act) requires that small business concerns owned and controlled by socially or economically disadvantaged individuals have the maximum practicable opportunity to participate in contracts awarded by any Federal agency. Section 8(a) of the Act establishes a program that authorizes the Small Business Administration (SBA) to enter into contracts with other agencies and award subcontracts for performing those contracts to firms enrolled in the 8(a) Program directly to the agencies. Contracts are to be awarded competitively if the anticipated award price of the contract will exceed $3 million and at least two responsible 8(a) firms could submit offers.