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Article: Alaska Native Corporations are hot: sole-source contract awards show rapid growth.
- Article from:
- Set-Aside Alert
- Article date:
- May 5, 2006
CopyrightCOPYRIGHT 2006 Business Research Services, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Alaska Native Corporations received 13% of the prime contract dollars awarded through the 8(a) program in 2004, the Government Accountability Office reported.
ANCs' 8(a) contracts totaled $1.1 billion that year, four times as much as five years before.
"Agencies officials told us they have turned to 8(a) ANC firms as a quick, easy and legal method of awarding contracts for any value," GAO said in its report.
ANCs can receive sole-source awards in any amount, while other 8(a) companies are limited to $3 million ($5 million for construction). A sole-source contract can be awarded to an ANC without determining whether the requirement could be ...