New book by Larry Connors Click here Improve your trading - See how
The SBA 8(a) program received its name from Section 8(a) of the Small Business Act (15 U.S.C. 637(a)) which authorized the SBA to enter into all types of contracts with other federal agencies and to provide technical assistance and support in identifying federal contracting opportunities for 8(a) small, socially and economically disadvantaged firms.
NAVSEA's Seaport-e is a Web-based services acquisition tool containing over 1,600 multiple award contracts (MACs) that provide a means to electronically compete and award task orders. Seaport-e provides task orders to support weapon systems acquisition and life-cycle management in 22 service areas. Approximately 240 8(a) contractors have Seaport-e MAC contracts.
"This agreement creates a market for these 8(a) companies to compete that did not exist before," said Jerome Punderson, NAVSEA Seaport-e program manager. "Last year, the Navy procured nearly $2.5 billion in support services through Seaport-e and about a third of this went to small business. With this agreement, 8(a) participation should grow significantly."
Seaport-e already has set-asides for general small business and small firms owned by service disabled veterans as well as those certified under the HUB Zone program and other 8(a) firms holding Seaport-e contracts by virtue of falling into broader business categories. Under the agreement, NAVSEA will allow the 8(a) contractors the opportunity to compete for task orders under Seaport-e that are set-aside awards specifically aimed at 8(a) contractors.
"This significant change allows NAVSEA and Navy to be more aggressive in reaching our small business goals and providing opportunities for 8(a) contractors to expand their capabilities in service contracts and become viable entities in the national economy," said Sarkis Tatigian, Director, NAVSEA's Small Business Programs Office.
The Seaport-e acquisition is comprised of seven geographic zones in which task orders are competed. Contractors may hold a MAC in one or more of the seven zones. The Navy executes an annual rolling admissions period that will allow new 8(a) companies to become eligible for Seaport-e MACs.
For more news from Naval Sea Systems Command, visit www.navy.mil/local/navsea/. -
Story Number: NNS080804-03 - Release Date: 8/4/2008 12:10:00 PM
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403
© Copyright 2009 The Connors Group, Inc.
