OakTree Enterprise Solutions Receives 8(a) Certification from SBA
Dulles, VA November 7, 2002 - OakTree Enterprise Solutions (OakTree) has been certified as a Participant in the U.S. Small Business Administration's 8(a) program.
Benefits of 8(a) Certification:
- Participants can receive sole-source contracts, up to a ceiling of $3 million for goods and services and $5 million for manufacturing. While SBA helps 8(a) firms build their competitive and institutional know-how, the agency also encourages them to participate in competitive acquisitions.
- Federal acquisition policies encourage Federal agencies to award a certain percentage of their contracts to SDBs. To speed up the award process, the SBA has signed Memorandums of Understanding (MOUs) with 25 Federal agencies allowing them to contract directly with certified 8(a) firms.
- Recent changes permit 8(a) firms to form joint ventures and teams to bid on contracts. This enhances the ability of 8(a) firms to perform larger prime contracts and overcome the effects of contract bundling, the combining of two or more contracts together into one large contract.
OakTree Enterprise Solutions, Inc. has been certified as a participant in the 8(a) Business Development program for a nine-year period. The certification will allow OakTree to receive business development assistance and to bid on contracts that are specifically for SBA 8(a) participants. OakTree plans to work closely with the SBA, firmly establishing itself in the federal market and continuing to develop excellent long-term business relationships by helping its customers offer accessible solutions. "We are excited to reach this milestone and begin marketing and offering our technology services to government agencies", said David Ferguson, President and CEO of OakTree Enterprise Solutions, Inc. "We feel our in-depth experience, vendor relationship and overall success with providing enterprise Information Technology solutions to the private sector will translate into the same positive results we intend to provide to the federal arena".
About OakTree Enterprise Solutions, Inc.
OakTree Solutions, an IT solutions provider, offers services and software spanning the entire realm of enterprise and network management. Headquartered in Dulles, VA, United States, OakTree provides a wide range of expertise including planning, implementation, and operations and maintenance of enterprise management solutions. OakTree's flagship software product is OakTree Navigator (ON), an ad-hoc reporting and trend analysis tool that operates as a third-party add-on for CA's Unicenter TNG eBusiness management solution. For more information, visit, http://www.oaktreesolutions.com
PRESS CONTACT: info@oaktreesolutions.com