At the end of July, Red Mountain Contractors, LLC (RMC) was certified into the SBA 8(a) program. SNAI has two active 8(a) companies. RMC will actively seek work with several Federal Government clients and SNAI is working on procuring contracts through diligent business development efforts. Hard work goes into these 8(a) companies from Board Approval to start the entity, the certification process, and the business development efforts that continue throughout the nine year program. Additionally to make sure these firms are on track to accomplish their goals the SBA monitors and measures the progress of its participants.
Having multiple 8(a) certified companies will allow SNAI to form several Joint Ventures and enter into Mentor Protégé arrangements to bid on contracts. This will enhance the Company’s ability to perform on larger prime contracts. Mentor Protégé’s will allow SNAI to have assistance in bidding and help gain valuable past performance from large more experienced businesses.