[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 1999]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR124.204]

[Page 254]
 
                               ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 124--8(A) BUSINESS DEVELOPMENT/SMALL DISADVANTAGED BUSINESS STATUS DETERMINATIONS--Table of Contents
 
                  Subpart A--8(a) Business Development
 
Sec. 124.204  How does SBA process applications for 8(a) BD program admission?

    (a) The AA/8(a)BD is authorized to approve or decline applications
for admission to the 8(a) BD program. The appropriate DPCE field office 
will receive, review and evaluate all 8(a) BD applications except those 
from ANC-owned applicants. SBA's Anchorage District Office will receive 
all applications from ANC-owned applicants and review them for 
completeness before sending them to the AA/8(a)BD for further 
processing. The appropriate field office will advise each program 
applicant within 15 days after the receipt of an application whether the 
application is complete and suitable for evaluation and, if not, what 
additional information or clarification is required to complete the 
application. SBA will process an application for 8(a) BD program 
participation within 90 days of receipt of a complete application 
package by the DPCE field office. Incomplete application packages will 
not be processed.
    (b) SBA, in its sole discretion, may request clarification of 
information contained in the application at any time in the application 
process. SBA will take into account any clarifications made by an 
applicant in response to a request for such by SBA.
    (c) An applicant concern's eligibility will be based on 
circumstances existing on the date of application, except where 
clarification is made pursuant to paragraph (b) of this section or as 
provided in paragraph (d) of this section.
    (d) Changed circumstances for an applicant concern occurring 
subsequent to its application and which adversely affect eligibility 
will be considered and may constitute grounds for decline. The applicant 
must inform SBA of any changed circumstances that could adversely affect 
its eligibility for the program (particularly economic disadvantage and 
ownership and control) during its application review. Failure to inform 
SBA of any such changed circumstances constitutes good cause for which 
SBA may terminate the Participant if non-compliance is discovered after 
admittance.
    (e) The decision of the AA/8(a)BD to approve or deny an application 
will be in writing. A decision to deny admission will state the specific 
reasons for denial, and will inform the applicant of any appeal rights.
    (f) If the AA/8(a)BD approves the application, the date of the 
approval letter is the date of program certification for purposes of 
determining the concern's program term.