Hr 5612 To Amend The Small Business Act To Extend The Current Sba 8a Pilot Program PDF Download

"Since approximately 1967, the Small Business Administration has been using authority in section 8(a) of the Small Business Act to act as a prime contractor with other Federal agencies in obtaining procurement assistance for disadvantaged businesses. In 1978, through enactment of Public Law 95-507, Congress legislatively shifted the purpose and structure of the 8(a) program. Prior to 1978, the program was essentially for locating contracts. Since 1978, the primary emphasis has been a business development program, with the contractual benefits of the program being combined with management, technical or financial aid as may be required to insure successful business growth"--Page 1.