Can a firm still apply for participation in the 8(a) BD Program if it has not been in business for two full years?
Yes. However, the firm must obtain a waiver of the two years in business requirement by meeting all of the following conditions: 1. The individual or individuals upon whom eligibility is based must have substantial business management experience. 2. The applicant firm must demonstrate the technical experience to carry out its business plan with a substantial likelihood for success. 3. The applicant firm must have adequate capital to sustain its operations and carry out its business plan. 4. The applicant firm must have a record of successful performance on contracts from governmental or non-governmental sources in its primary industry category. 5. The applicant firm must have, or must be able to demonstrate that it has, the ability to timely obtain the personnel, facilities, equipment, and any other requirements needed to perform on contracts if it is admitted to the 8(a) program. Back To Top 28. Can a firm be declined entry into the 8(a) Program for reasons of Yes. The regulations sti
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