Contracting

Purchasing, renting, leasing, or otherwise obtaining supplies or services from nonfederal sources. Contracting includes the description of supplies and services required, the selection and solicitation of sources, the preparation and award of contracts, and all phases of contract administration. It does not include grants or cooperative agreements.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
NAICS
NAICS codes are common...
Projection
An estimate of future economic or...
Protégé
A firm in a developmental stage that...
SCORE
Counselors to America's Small Bus...
Normal Gross Margin
The margin that would have been...
Subcontract
A contract between a prime cont...
Defense Acquisition Regulatory Council (DARC)
A group composed of rep...
Request for Proposal (RFP)
A document outlining a...
Comparative Analysis
Is designed to point out significant trends that...
Small Business Development Centers (SBDC)
SBDCs offer a broad spec...
Electronic Data Interchange
Transmission of information bet...
Primary Activity
The major business activity of...
Assets
The amount of current assets that is left...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...
S-Corporation
A form of corporation, allowed by...

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