[Code of Federal Regulations]

[Title 13, Volume 1]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 13CFR124.403]



[Page 386]

 

                TITLE 13--BUSINESS CREDIT AND ASSISTANCE

 

                CHAPTER I--SMALL BUSINESS ADMINISTRATION

 

PART 124_8(a) BUSINESS DEVELOPMENT/SMALL DISADVANTAGED BUSINESS STATUS 

DETERMINATIONS--Table of Contents

 

                   Subpart A_8(a) Business Development

 

Sec. 124.403  How is a business plan updated and modified?



    (a) Annual review. Each Participant must annually review its 

business plan with its assigned Business Opportunity Specialist (BOS), 

and modify the plan as appropriate. The Participant must submit a 

modified plan and updated information to its BOS within thirty (30) days 

after the close of each program year. It also must submit a capability 

statement describing its current contract performance capabilities as 

part of its updated business plan.

    (b) Contract forecast. As part of the annual review of its business 

plan, each Participant must annually forecast in writing its needs for 

contract awards for the next program year. The forecast must include:

    (1) The aggregate dollar value of 8(a) contracts to be sought, 

broken down by sole source and competitive opportunities where possible;

    (2) The aggregate dollar value of non-8(a) contracts to be sought;

    (3) The types of contract opportunities to be sought, identified by 

product or service; and

    (4) Such other information as SBA may request to aid in providing 

effective business development assistance to the Participant.

    (c) Transition management strategy. Beginning in the first year of 

the transitional stage of program participation, each Participant must 

annually submit a transition management strategy to be incorporated into 

its business plan. The transition management strategy must describe:

    (1) How the Participant intends to meet the applicable non-8(a) 

business activity target imposed by Sec. 124.507 during the 

transitional stage of participation; and

    (2) The specific steps the Participant intends to take to continue 

its business growth and promote profitable business operations after the 

expiration of its program term.

    (d) Benchmark achievement. Where actual participation by 

disadvantaged businesses in a particular SIC Major Group exceeds the 

benchmark limitations established by the Department of Commerce for that 

Major Group, SBA may adjust the targets, objectives and goals contained 

in the business plans of Participants whose primary industry 

classification falls within that Major Group. Any adjustment will take 

into account projected decreases in 8(a) and SDB contracting 

opportunities.



[63 FR 35739, 35772, June 30, 1998]