In 2011, the Small Business Association ("SBA"), implemented regulation changes that affected small business contractors.  The SBA, however, did not implement a benefits reporting requirement for certain Section 8(a) participants, namely, tribes, Alaska Native Corporations, Native Hawaiian Organizations and Community Development Corporations.  Instead, the SBA conducted consultations with interested parties and sought feedback regarding the best mechanism for reporting benefits.  The SBA has now developed a form that is available for comment by interested parties as set forth in the Federal Register, which is available at the following link: https://federalregister.gov/a/2012-5041 (copies of the form are also available below).  The form identifies six categories of benefits potentially provided to the Native community or other community.  The form also provides space for the 8(a) participant firm to identify benefits not covered in the six categories, which are: (1) health, social and cultural support; (2) education and development; (3) lands; (4) economic and community development; (5) employment, and (6) economic benefits.  Comments are due by April 2, 2012.

SBA Form 1450

Attachment C - Participant Benefits

Supporting Statement

Thirty-day review

© 2012 Perkins Coie LLP