8(a) Sole Source Contracting

The 1971 Alaska Native Claims Settlement Act (ANCSA) approved by U.S. Congress provided financial andland-distribution rights to Alaska Native Corporations like Goldbelt, Inc., Goldbelt Security’s parent company. Because of our status as a Certified 8(a) small, disadvantaged business, the government can award a sole source contract for up to $100 million per task order, and the award cannot be challenged. Sole source is a non-competitive purchase or procurement process accomplished after soliciting and negotiating. Sole source contracts expedite procurement and delivery of products and services and can be used when other procurement methods are not applicable or unrealistic.

Sole Source Benefits Include:

Shortened acquisition process
Reduced decision cycle, i.e. time required to award contracts
Lowered administrative costs
Improved delivery of products and services
Non-protestable awards

Team with Goldbelt Security and these benefits can extend to you as a partner company. Our experts are ready to help you develop strategies for not only surviving, but thriving in the future. Contact Goldbelt Security today to set up your first consultation.

Start-to-Finish 8(a) Acquisition Process:

Quote requested
Goldbelt Security contacts the required OEMs and works out terms
Goldbelt Security provides quote
Customer issues a contract, T/O, or PO
Goldbelt Security orders product
Product is produced
Goldbelt Security pays for the product
Product sent to customer
Customer receives the product
Goldbelt Security invoices customer
Goldbelt Security receives payment