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March 11, 2010
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SBA: 8(a) CHANGES
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| The SBA is proposing changes to rules for 8(a) companies, including allowing more bids. So says SBA’s Theodore Holloman, who this morning headlined an NVTC B2G Committee event at Patton Boggs in McLean. One thing we learned: 8(a) is not how Canadians tell you how many gold medals they won. |
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Theodore’s official title is Washington Metro Area Deputy District Director, which requires us setting up an LLC just to say. He’s above center (nice touch with the vest) with the other panelists: 2020 Company co-founder Haresh Bhungalia, Shipley Associates VP Nancy Kessler, and Albo & Oblon gov guru Seth Berenzweig. Some major proposed changes Theodore pointed out when it comes to joint ventures:
- The “3 in 2” rule that limits companies to bidding on three 8(a) contracts in two years could switch from bids to contract awards.
- The SBA proposes that the 8(a) partner must do at least 40% of the work in the contract, clarifying its previous requirement that an 8(a) does a “significant portion” of the contract.
- 8(a) companies could no longer be required to receive 51% of the profits from the contract, but be in line with the amount of work they do.
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Haresh says IDIQs are a great way for small companies to get work while also fighting for 8(a) contracts. And when it comes to employee morale, he says his company invests $1000 per year/employee. (We’re assuming it’s not just a pile of money left on the desk.) Oh, and being 8(a) doesn’t guarantee work: Theodore says 51% of 8(a) firms never get a small business contract during the 9-year program.
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Event sponsors: Patton Boggs’ Robert Koehler, Seth, Albo & Oblon’s David Oblon, and Credence Management Solutions’ Sid Chowdhary. (Bisnow was also a media sponsor.) If you think Sid is nicely dressed, thank his daughter: She’s not even two, but usually picks dad’s shoes and socks.
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SCHMOOZARAMA!
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Back by popular demand: 600 of you packed the Park at 14th last night for our second Bisnow Schmoozarama. When you combine schmooze, booze, and four floors of movers and shakers from across the region, the possibilities are endless. We snapped the swarm of pros from just about every industry as they swapped stories and business cards. Don’t worry about the safety of our party-goers—that fiery blast above is actually an intricate light fixture.
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We found some techies, snapping Smarthinking’s Shannon Patrick (an online tutoring company run by former NVTC Chair Kathy Clark), with real estaters SC&H’s Chris Patrick, Transwestern’s Craig Romm, and BBG-BBGM’s Bruno Grinwis, who we think looks like Chevy Chase (anyone?)
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MEET OUR SPONSOR: Siemens Answers for Infrastructure and Industry
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| If you produce energy, use energy, build things that use energy, or care about energy, you should come to Tysons March 23-24 for this exceptional Siemens event at the Sheraton Premiere. Yesterday, we snapped Siemens Industry director Vince Ridgell, who tells us the two-day, no-cost event features practical seminars on technology, best practices, and emerging trends, along with a hands-on technology showcase. You can customize your agenda from more than 50 available in four tracks: Industry, Building, Government/Commercial, and Water/Environment. Learn how energy conservation and management, automation, and green building are transforming business, agencies, military bases, industrial facilities, and medical and educational complexes. The event is free, but you must pre-register! |
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| UPCOMING EVENTS |
| Click here to place your own listing |
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March 16 - DC Connections - Join for a night of Speed Networking and business development. A great way to swap leads, info, and rapidly grow your business. Already 275 signed up! Hyatt Regency Bethesda. 5-9pm. Info
March 17 - Government Marketing Forum presents Building Relationships & Networks Web 2.0 Style - Expert panel addresses how organizations can build authority and trust by proactively providing remarkable content to communities. Info
March 31 - FedSources Executive Breakfast - Get to Know Your CIO - HUD's Jerry E. Williams and Chris S. Niedermayer. Moderated by Chris Dorobek. JW Marriott, DC. 7am Registration. Info
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| Send story ideas to techstories@bisnow.com |
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This newsletter is a journalistic news source which accepts no payment for featured interviews. It is supported by conventional advertisers clearly identified in the right hand column. You have been selected to receive it either through prior contact or professional association. If you have received it in error, please accept our apologies and unsubscribe below. © 2010, Bisnow on Business, Inc., 1323 Connecticut Avenue, NW, Washington, DC 20036. All rights reserved.
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