Dear Small Business Owners,
After consultation with SBA’s Office of General Counsel, it was determined that the President’s actions constitute a nationwide federal disaster declaration for purposes of the 8(a) BD program’s voluntary suspension procedures.
Therefore, pursuant to 13 C.F.R. § 124.305(h)(1)(iii), any 8(a) Participant may elect to suspend its participation in the 8(a) BD program for a period of up to one year from the date of the disaster declaration, March 13, 2020. Any such Participant would generally be ineligible for new competitive and sole source 8(a) contracts – including those which have been self-marketed by a Participant – during the pendency of the suspension. However, a suspended Participant remains obligated to complete previously awarded 8(a) contracts. A Participant that elects to be suspended may request that the suspension be lifted at any time prior to the end date of the original request.
If anyone is interested in suspending their participation in the 8(a) program, please contact their Business Opportunity Specialist.