SBA Press Release: SBA Moves to Terminate Over 150 8(a) Firms

Washington, D.C. 8(a) Firms Who Received Nearly $1.3 Billion Being Processed for Termination after Eligibility Review

From the Press Release:

WASHINGTON — Today, the U.S. Small Business Administration (SBA) sent a letter to 154 Washington, D.C.-based 8(a) firms initiating termination proceedings after an internal review revealed that the firms failed to meet “economic disadvantage” eligibility requirements in the 8(a) Business Development Program. The firms – which will…