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Code of Federal Regulations (Last Updated: April 5, 2024) |
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Title 13 - Business Credit and Assistance |
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Chapter I - Small Business Administration |
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Part 124 - 8(a) Business Development/Small Disadvantaged Business Status Determinations |
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Subpart B - Eligibility, Certification, and Protests Relating to Federal Small Disadvantaged Business Programs |
§ 124.1003 - How does a firm become certified as an SDB?
Latest version.
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§ 124.1003 How does a firm become certified as an SDB?
(a) All firms that are current Participants in SBA's 8(a) BD program are automatically deemed to be certified SDBs.
(b) Any firm seeking to be certified as an SDB in order to represent that it qualifies and is eligible to obtain a benefit on a federal prime contract as an SDB may apply to the procuring agency for such certification.
(c) A procuring agency may accept a certification from another entity (e.g., a private certifying entity, or a state or local government) that a firm qualifies as an SDB if the agency deems it appropriate.
[73 FR 57494, Oct. 3, 2008]