Supplier Diversity Program
Supplier Diversity Program
Five 9 Group, Inc. maintains a Small Business & Supplier Diversity Program to satisfy federal contracting requirements.
Federally Funded Contracts
U.S. Government-funded contracts mandate a Small Business Program consistent with the Small Business Act (Public Law 85-536, as amended), and the Federal Acquisition Regulations (FAR Parts 19 – Small Business Programs, Part 26 – Other Socioeconomic Programs, Part 42 – Contract Administration and Audit Services, and Part 44 – Subcontracting Policies and Procedures). Small Business certification requirements (for Small Disadvantaged and HUBZone Business Concerns) and Small Business size standards are determined by the Small Business Administration (SBA). While Small Business goals are established on a contract-by-contract basis, minimum expectations and accomplishment rates (floors) are determined by public law, but emphasis may vary to some extent from agency to agency. Generally, federal small business goals are based on the total procurement opportunity pool (total contract value less prime contractor self performance = procurement opportunity pool) rather than the total contract amount.
Self certification (for Small Business Concerns other than Small Disadvantaged and HUBZone Concerns) is acceptable only when a small business concern has satisfactorily completed and returned Small Business Program Representations in accordance with FAR 52.219-1. Five 9 Group, Inc. utilizes the Central Contractor Registration (CCR) database – the primary repository for prime contractors, subcontractors, and suppliers registered to do business with the federal government in order to verify size standards and certifications for small business concerns. (Effective January 1, 2004, registration in CCR is mandatory for payments under federal contracting guidelines.) State governments and municipal agencies often incorporate FAR requirements by reference.
Small Business Supplier Diversity
It is the policy of Five 9 Group, Inc. that Small Business Concerns, including veteran-owned small business concerns, service-disabled veteran-owned small business concerns, HUBZone small business concerns, small disadvantaged business concerns, and women-owned small business concerns, shall have the maximum practicable opportunity to compete for the procurement of goods and services.
This corporate commitment extends to the procurement of all goods and services, whether the purchases support (1) Federal, State, Local or Foreign governments, (2) commercial clients, or (3) in-house needs.
Five 9 Group, Inc. is committed to an effective supplier diversity program that demonstrates measurable improvement from year to year, is consistent with recognized industry objectives and applications, is consistent with contractual expectations of our clients, and that maximizes procurement opportunities for small business concerns to the fullest extent consistent with efficient contract performance.
Five 9 Group, Inc. regularly participates in efforts to ensure that small business concerns will have an equitable opportunity to compete for subcontracts.
If you would like to do business with Five 9 Group, Inc., please contact us here.