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1.Q. If a company is classified as small when they are awarded their Seaport-e contract, will they be reclassified to large after award if their revenue exceeds the threshold or are they always concerned small under their Seaport-e contract?
We are getting very close to exceeding the dollar threshold on the NAICS 541330 by having revenues in excess of $23M for three years in a row. On Seaport, we are approved as a small business. How will our exceeding the threshold change our prime contract as well any Seaport task we bid on?
A. A company that receives a SeaPort-e MAC as a small business will remain a small business at the prime level under SeaPort-e for the base period of the contract. The size standard will be re-applied at each option exercise (award term) point, i.e., at the end of the 5th and 10th years.
The Size standards are applied independently to each Task Order at other than the prime level.
2.Q. If a business qualifies as a Small Business at the time that they are added to our team, would they continue to be counted as a Small Business for purposes of subcontracting goals through the base period of the contract?? Will they have to recertify to qualify as a small business during the award term?
If a company is awarded a prime contract as a small business, then they are counted as a prime until recertification at the 5 year/award term point.
?
A. Small vs large for subcontracting?starts anew at each Task Order.
?
A firm could be both small and large like this - small as a prime because they are somewhere between initial award as a small prime and recertification at the award term point when they will certify as large, this same firm is concurrently a teammember to another prime on a task order and cannot be counted as small in terms of subcontracting goals because they no longer meet the size standard.? A?side show is that they could possibly be doing similar work outside of seaport under a different NAICs and be considered small. All
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