What does the 8(a) contracting number in the Small Business Goaling Report (SBGR) mean?
It represents the number of times the government contracts were awarded using the 8(a) procedures. The SBA has the Section 8(a) Program for companies who apply for the 8(a) designation. SBA keeps track of the effectiveness of the program and counts awards made using an 8(a) set-aside or 8(a) competition. Back to Top 14. What does “Purchase Card Used as Method of Payment” mean? The order or contract provides for payments to the contractor to be made through use of the purchase card. These are “charges” backed by a contract vehicle. It allows the government and the contractor to avoid the use of expensive invoices. Back to Top 15. Does FPDS have purchase card data? In addition to the information about use of the purchase card as a method of payment, some agencies submit data about their purchase card transactions because that is a significant part of their procurement activity. Essentially they use this method of reporting because they don’t have many large orders or contracts. Using the
It represents the number of times the government contracts were awarded using the 8(a) procedures. The SBA has the Section 8(a) Program for companies who apply for the 8(a) designation. SBA keeps track of the effectiveness of the program and counts awards made using an 8(a) set-aside or 8(a) competition.