Length and Time Phasing of Assistance: Maximum of 9 years. POST ASSISTANCE REQUIREMENTS: Reports: Annual business financial statements; annual business plan update; annual personal financial statements for each disadvantaged owner; annual certification of continuing compliance with program eligibility criteria; records of all payments, compensation and distributions made by the participant firm to each of its owners or to any person or entity affiliated with such owners; and other reports deemed necessary by SBA. Audits: Program participation audits as needed to evaluate progress. Contract audits as and when required by Federal Acquisition Regulations. Records: Standard business/accounting records. FINANCIAL INFORMATION: Account Identification: 73-0100-0-1-376. Obligations: (Salaries and Expenses) FY 99 $4,583,000; FY 00 est $4,077,000; and FY 01 est $4,563,000. Range and Average of Financial Assistance: Not applicable. PROGAM ACCOMPLISHMENTS: In fiscal year 1999, 32,091 contract actions valued at approximately $6.59 billion were awarded to companies participating in the program. REGULATIONS, GUIDELINES, AND LITERATURE: SBA Rules and Regulations, 13 CFR Section 124, SOP 80-05-02. 91 INFORMATION CONTACTS: Regional or Local Office: Initial contact should be made with the field offices Locate your local SBA office. Headquarters Office: Associate Administrator for 8(a) Business
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