The Tribal 8(a) Advantage.
BENEFITS OF PARTNERING WITH AN AMERICAN INDIAN TRIBAL (AIT)
As a 100% tribally owned small business of the Forest County Potawatomi Tribe of Wisconsin, U.S. federal government agencies greatly benefit from Silver Lake Construction’s enterprise status. We’re a Small Disadvantaged Business, and can receive sole source contracts in excess of $4.5 million.
Without solicitation protests getting in the way, not only is the success of the contract guaranteed, but it is also moved through the bidding process quickly and efficiently. This acquisition strategy saves your agency time and money so you won’t have to experience gaps in operational capacity. It’s all part of how our small business leaders work to advance your agency’s mission.
LEVERAGING A TRIBALLY OWNED BUSINESS
AITs are always considered Small Disadvantaged Businesses (SDBs)
AITs can receive sole source contracts in excess of $4.5M (13CFR124.506(b))
Sole source contracts below $22M do not require a J&A per Section 811
Awards cannot be protested (13CFR124.517(a))
AITs can have direct negotiations with the Government (13CFR124.503(c)(2))
INDIAN INCENTIVE PROGRAM (25 U.S.C. § 1544)
5% payment of the amount subcontracted to tribal firms.
The Indian Incentive Program, based on Section 504 of the Indian Financing Act of 1974 (25 U.S.C. § 1544), provides for the payment of 5% of the amount subcontracted to Silver Lake Construction, a tribally owned organization, when authorized under the terms of the contract.
DoD contracts with prime contractors that contain FAR 52.226-1, Utilization of Indian Organizations and Indian-Owned Economic Enterprises, are eligible for these incentive payments so long as the prime contract amount is over $500,000 and involves the expenditure of appropriated funds.
LEAVING A LASTING HERITAGE
The Forest County Potawatomi (FCP) have lived in Forest County, Wisconsin, since the late 1800s. Around 1880, groups settled in areas near Blackwell and Wabeno and have lived in that area since, as well as in the Carter and Crandon areas. By pursuing a diverse set of business models, the Forest County Potawatomi of today is the largest employer in Forest County. With revenues from various tribal enterprises, the Potawatomi have invested in the health, wellness, education, environment and future of its people. Today, life on the reservation is very different than it was for the elders. They have done much for the younger generation, and it is because of the elders that the younger generations are who they are today.
Potawatomi Business Development Corporation is owned and operated by the Forest County Potawatomi Community of Wisconsin. The Corporation seeks to diversify Potawatomi business interests beyond gaming in an effort to secure the future of the Potawatomi tribe FOR THE NEXT 7 GENERATIONS AND BEYOND…