The Olgoonik Edge
Olgoonik’s seven subsidiaries are 100% Alaska
Native owned for-profit companies eligible to participate in several
federal preference programs that particularly benefit Alaska Native
Corporations (ANCs) and their shareholders.
Small Business Administration 8(a) Business
Development Program
All Olgoonik companies are members in good standing
with the SBA’s 8(a) Business Development Program, and as such
are certified as small disadvantaged businesses. Under the SBA BD
Program, Federal agencies can sole source large contracts with qualified
firms. Under FAR 19.805-1(b)(2) and 13 CFR 124.506(b), Indian Tribal
8(a)’s are exempt from the competitive threshold of $3 million
for services and $5 million for manufacturing. The result of this
rule is that ANC 8(a) companies can sole source any sized contract.
The 8(a) program allows Olgoonik companies to offer the government
a team approach to concurrently develop the scope of work, price scope,
and implementation plan via sole source negotiations.
HUBZone
The HUBZone Empowerment Contracting Program is
included in the Small Business Reauthorization Act of 1997. The act
is intended to stimulate economic development and create jobs in urban
and rural communities by providing contracting preferences to small
business that are located in a HUBZone and that hire employees who
live in a HUBZone.
Olgoonik Corporation is based in the village of
Wainwright, Alaska, which is designated as a federal HUBZone.
Indian Incentive Program
Originating from the Buy Indian Act, the Indian
Incentive Program (FAR 52.226-1) provides incentives to prime contractors
that use Indian organizations and Indian owned economic enterprises
as subcontractors. The program is funded by the Department of Defense
and provides a payment equal to 5% of the amount subcontracted to
an Indian organization or Indian owned economic enterprise.
Contracting Incentives
When an agency contracts to a joint venture that
is at least 50% owned by a Native owned firm, the agency may count
the Indian owned portion of the joint venture towards their small
business contracting goals (10 USC 2323(a)).
Direct Conversion (Commercial Activities)
Under Section 8014 of the FY 2002 Defense Appropriations
Act, P.L.
107-117, DoD agencies are allowed to convert commercial
activities not inherently performed by military personnel to ANCs
that have at least 51% ownership of a joint venture or are the prime
contractor performing at least 51% of the work. The direct conversion
eliminates the costly and timely OMB A-76 requirement of a cost comparison
study by contracting directly with qualified ANCs.
