To be disadvantaged from an economic point of view, a person must have a net worth under $250,000 at the time of entering the program (other than ownership of 8(a) company and shares in his or her main residence). Each is defined in the Small Business Act, SBA regulations and judicial and administrative decisions. Thank you, Aaron Sams, for your due diligence helping us gain this valuable contract award”, GSA/PSS Schedule: GS-00F-309DA To receive a waiver, however, you must submit certain information, such as: Ensure copies of all signed and dated state filings are available. 8a Program eligibility is limited to small enterprises unconditionally owned and controlled by, one or more socially and economically disadvantaged individuals who are of good nature, citizens of and residents in the United States, that demonstrating the potential for success. At ez8a, the 8a certification package is truly a one-stop process; we will do everything from beginning to certification. These procurement’s are available to SBA 8(a), HUBZone, WOSB and VA VetBiz/CVE certified participants. The Federal Government has spent over $50 billion in the 8a program, which is about 3 million dollars in total per 8a company, and thus provides 8a qualified businesses with a lot of economic activity. Signed and dated personal federal tax returns for the last three years, For those who hold a key position in a business or who own at least 10 percent, the signed and dated personal federal tax returns for the last three years, three years of profit and loss statements including the current year, three years of balance sheet statements, including the current year, documented proof of any asset transfer to or from the firm, documented proof of any asset transfer to or from any of the firm’s owners (past two years), signature cards for the firm’s bank accounts, documented significant business management experience, documented successful performance on contracts, such as letters of reference from clients as well as copies of contracts, proven ability to obtain sufficient equipment, personnel, facilities, and other resources to complete contracts, articles of incorporation and/or articles of organization, bylaws, partnership agreements or operating agreements, a list of all contracts (federal, non-federal, and private sector) over the past two years, proof of U.S. citizenship or naturalization, a description of duties performed in the business and the amount of time devoted to each, a list of any other business interests and time devoted to each, description of the nature of outside employment and the time devoted to each. It is recommended that no more than 50% of the company's income be derived from one non-governmental customer in order to show economic independence. ( Log Out /  In addition, 8(a) participants may take advantage of specialized business training, counseling, marketing assistance, and high-level executive development provided by the SBA and their various resource partners.