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To give small disadvantaged businesses (SDBs) an opportunity to participate in Federal procurement activities, eligible SDBs may receive price evaluation adjustments when competing for certain requirements.
The U.S. Department of Commerce determines the price adjustments available for use in Federal procurements and identifies the industries that are eligible for price evaluation adjustments. On a case-by-case basis, SBA is authorized to determine whether a firm is owned and controlled by specified individuals claiming to be disadvantaged. FAR 2.101 provides a more detailed definition of a small disadvantaged business. To increase opportunities and access for SDBs, Executive Order 13170 was signed on October 6, 2000. The Executive Order states that, as required by law, agencies shall establish a goal of achieving a participation rate for SDBs of not less than 5 percent of the total value of prime contract awards for each fiscal year and of not less than 5 percent of the total value of subcontract awards for each year.
It requires agencies to train program and procurement officials on awarding contracts to 8(a) firms and SDBs. Executive Order 13170 also requires that each Federal agency submit an annual report on accomplishments to the President.
For more information please visit the SBA website Click here |
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