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QUALIFIED EMPLOYEE TRUSTS LOAN PROGRAM The objective of this program is to provide financial assistance to Employee Stock Ownership Plans. The employee trust must be part of a plan sponsored by the employer company and qualified under regulations set by either the Internal Revenue Service Code (as an Employee Stock Ownership Plan or ESOP) or […]

U.S. Small Business Administration (SBA): The National Ombudsman To assist small businesses with unfair and excessive federal regulatory enforcement, such as repetitive audits or investigations, excessive fines, penalties, retaliation or other unfair regulatory enforcement action by a federal agency. The National Ombudsman receives complaints and comments from small business concerns and acts as a “trouble […]

If you own, operate or represent a small business, you should contact the bureau Small Business Specialists for marketing assistance and information. The Specialists will advise you as to what types of acquisitions are either currently available or will be available in the near future. In addition, a ‘Forecast of Contract Opportunities’ is produced each […]

The Office of Small and Disadvantaged Business Utilization (OSDBU) is responsible for advocating the use of small, small disadvantaged, 8(a), HUBZone, veteran-owned, service disabled veteran-owned, and women-owned small businesses. This involves promoting small business prime and subcontracting opportunities in accordance with Federal laws, regulations and policies and the utilization of products from the National Industries […]

OBLIGATIONS Technically defined as “amount of orders placed, contracts awarded, services received, and similar transactions during a given period which will require payments during the same or a future period.” Also, another term for debt: money, merchandise or service owed to someone. OFFICE OF HEARINGS & APPEALS (OHA) The Office of Hearings and Appeals, an […]

Section 303 (h) of Public Law 100-656 and Section 210 of Public Law 101-574 incorporated into the Small Business Act requires that agency contracts be directed solely to small business manufacturers under set-aside provisions. This requirement is commonly referred to as the Nonmanufacturer Rule. The Small Business Act also contains provisions that allow the Administrator […]