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news releasesAED awarded 8(a) certification Hyattsville, MD - March 10, 2005 — AED, a growing Government IT and engineering services provider, announced today that it has been awarded the Small Business Administration’s 8(a) certification. The Small Business Administration's 8(a) program is designed to benefit the client, as well as the contractor by assisting small disadvantaged businesses with:
The 8(a) program offers many additional advantages to government project managers as well. By allowing for sole source acquisition, even on major projects, the 8(a) program streamlines the competitive acquisition process. It allows project managers the discretion to define a scope of work and to hand pick the contractor to perform the work. The 8(a) program is intended to benefit both the client as well as the contractor through mechanisms that ensure quality performance. Prior to disadvantaged business certification, the contractor is required to provide the SBA with a detailed business plan that must be updated annually. Only those contractors that can document and demonstrate the viability of their organization are accepted into the program. Once accepted, the contractor is subjected to a rigorous review of its ownership, daily management, operations, experience and financial status. Upon acceptance, each contractor is assigned North American Industrial Classification (NAIC) codes based on the qualifications and experience of the company and key personnel. Performance of 8(a) contracts is then limited to those NAIC codes. As a company gains experience and expertise, it may request additional codes from the SBA based on documentation of this experience. About AED AED, Advanced Engineering Design are registered trademarks of Advanced Engineering Design, Inc. All other trademarks are the property of their respective owners. ## Contact: AED 301.683.2112
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