Economic development (61 - 70 of 84 items)
The SBA 8(a) Procurement Program--A Promise Unfulfilled
CED-81-55: Published: Apr 8, 1981. Publicly Released: Apr 8, 1981.
The 8(a) Procurement Program of the Small Business Administration (SBA) is designed to channel noncompetitive federal contracts to disadvantaged small businesses to help them to become self-sufficient. The program also provides management, technical, marketing, and financial aid. A review was made of the program's implementation.The program has had some benefits: the formation of many disadvantage...
The 8(a) Pilot Program for Disadvantaged Small Businesses Has Not Been Effective
CED-81-22: Published: Jan 23, 1981. Publicly Released: Jan 23, 1981.
The implementation of the 8(a) pilot contracting program of the Small Business Administration (SBA) is discussed. SBA awards procurement contracts under this program to socially and economically disadvantaged small businesses for the purpose of helping them become competitive. When SBA uses the pilot program, it has the exclusive authority to designate procurement requirements. The Department of t...
The Small Business Administration's 8(a) Pilot Program
114222: Jan 23, 1981
The Small Business Administration (SBA) has the authority to enter into procurement contracts with federal agencies for the purpose of subcontracting to small businesses to help them achieve a competitive position in the marketplace. A special pilot contracting program between the Army and SBA was created. In the regular 8(a) program, agencies volunteer these contracts. In the pilot program, SBA h...
Most Borrowers of Economic Opportunity Loans Have Not Succeeded in Business
CED-81-3: Published: Dec 8, 1980. Publicly Released: Dec 8, 1980.
The Small Business Administration (SBA) Economic Opportunity Loan Program (EOL) has been a means for sustained economic progress for relatively few borrowers. The program originated with the Economic Opportunity Act as a part of the war on poverty. Today, it is part of a larger SBA effort involving several programs to help socially and/or economically disadvantaged people create and maintain small...
Review of SBA Certificate of Competency Program
114026: Nov 24, 1980
GAO reviewed the Certificate of Competency (COC) Program of the Small Business Administration (SBA). SBA is authorized to issue COC's for small businesses whose bids or proposals have been rejected by Government contracting officers because of lack of responsibility for any reason. A COC is a written instrument, issued to a Government contracting officer or officer engaged in the sale or disposal...
Small Business Administration Franchise Loans: Risk of Loss Can Be Reduced and Program Effectiveness Improved
CED-80-47: Published: Apr 11, 1980. Publicly Released: Oct 27, 1980.
A review was undertaken of the Small Business Administration's (SBA) franchise loan policies and practices. As of April 1979, SBA had made or guaranteed about 16,400 loans totaling about $1 billion to franchise businesses. However, as of September 1978, the risk of loss by SBA on franchise loans was about $548 million. Moreover, most of SBA franchise business loans have been made under its princip...
Small Business Administration's Surety Bond Guarantee Program
112675: Jun 30, 1980
The Small Business Administration's (SBA) Surety Bond Guarantee Program was reviewed. Under the Surety Bond Guarantee Program, SBA guarantees 80 to 90 percent of a surety company's losses on bonds executed for small businesses which can be reasonably expected to perform as required by a contract and which cannot obtain bonding without the guarantee. Surety companies pay SBA 20 percent of the bond...
The Surety Bond Guarantee Program: Significant Changes Are Needed in its Management
CED-80-34: Published: Dec 27, 1979. Publicly Released: Feb 11, 1980.
The Surety Bond Guarantee Program of the Small Business Administration (SBA) was established to guarantee up to 90 percent of a surety company's losses on bonds issued to small businesses which could not obtain bonding without the guarantee. From its inception in 1971, the program guaranteed more than 91,000 contracts totaling $6.3 billion. GAO evaluated the management of the program.SBA has not m...
SBA's Small Business Development Center Program
110447: Sep 25, 1979
The Small Business Development Center (SBDC) Program, administered by the Small Business Administration (SBA), is designed to provide management and technical assistance to small business concerns through locally available, expert resources to help small businesses with diverse business problems. These services are to be provided through an extensive delivery system primarily utilizing the resourc...
Farmers Home Administration and Small Business Administration Natural Disaster Loan Programs: Budget Implications and Beneficiaries
CED-79-111: Published: Aug 6, 1979. Publicly Released: Sep 19, 1979.
The Small Business Administration (SBA) disaster assistance loan volume increased from $200 million in 1977 to $2.5 billion during fiscal 1978, while Farmers Home Administration (FmHA) disaster assistance loans increased from $1.2 billion to $3.4 billion for the same period. The increase caused a severe impact on the SBA budget, but had little impact on the FmHA budget. Because a uniform factor fo...