Business Development and Contract Compliance
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- Get certified as a Small Contractor and Supplier (SCS)
- Find an SCS certified firm
- Preview upcoming capital projects
- Find Job Order Contract (JOC) Subcontracting Opportunities: FORMA Construction; HITT Contracting, Inc.
- Sign up on contracting Rosters
- Small Business Accelerator
- View Annual Reports
- View Procurement Reform Reports
- Register for Online Vendor Registration and View Current Contracting Opportunities
- Learn about Amazon Business Pilot
King County is soliciting applications for its existing Economic Opportunity and Empowerment Program (EOEP) Advisory Board.
King County established the EOEP Advisory Board by Ordinance 17973. The Board operates in an advisory role to advise and assist King County, via an Administrator, to achieve or exceed the apprenticeship requirements and hiring goals for minorities and women apprentices, and small contractor and supplier participation for the Children and Family Justice Center (CFJC). Construction of the CFJC includes the Alder School and a parking garage. All Board members must be a King County resident. The King County Executive appoints the advisory Board members and the County Council confirms these appointments.
The original EOEP Advisory Board consisted of 11 members that began meeting in 2015. Current Board members include representatives from the building trades, construction industry, labor, community organizations, and pre-apprenticeship providers. The Board has several vacancies currently. We are seeking individuals who have experience with providing diverse communities access to family wage careers in the construction industry, experience with small business inclusion, apprenticeship programs, or other knowledge or experience related to large capital construction projects.
The EOEP Advisory Board will continue its work through completion of the entire project that includes the Alder School and a parking garage. Construction is anticipated to continue until 2021. Board meeting times and frequency will be determined later. The Board will meet at least once each quarter.
To apply, complete and submit an application form. Click here to download the application form.
For questions, please contact Ellrol Gartrell, King County Apprenticeship Coordinator, at (206) 263-8532 or email firstname.lastname@example.org
The application due date is Friday, May 1, 2020.
The State of Washington has created a consolidated list of COVID-19 Business Resources for Washington State business.
For COVID-19 resources for impacted Washington businesses, please visit the business.wa.gov website.
SBA Express Bridge Loans allows small businesses who have a business relationship with an SBA to access up to $25k.
Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan. Find an Express Bridge Loan Lender via SBA’s Lender Match Tool or by connecting with your local SBA District Office.
The City of Seattle has created a Small Business Stabilization Fund
The City of Seattle has created a Small Business Stabilization Fund. The 2020 Emergency Fund for Businesses Impacted by COVID-19 launched by the Office of Economic Development last week provides grants to support the day-to-day operating expenses of eligible microbusinesses, such as payroll or losses due to destabilizing events. Grants are capped at $10,000. There is now $2.5M in this fund, with more than 1800 eligible applicants. The goal is to raise $15M to support 1500 more small businesses.
The City of Seattle is accepting direct financial contributions to this fund. To donate, contact Shefali Ranganathan at Shefali.Ranganathan@seattle.gov to confirm your contribution amount.
The Seattle Metropolitan Chamber of Commerce creates the Keep Workers Safe and Healthy Fund
The Seattle Metropolitan Chamber of Commerce has set up a fund to complement the City’s effort. The Keep Workers Safe and Healthy Fund is focused on providing continuity for vulnerable businesses, including those who may not be eligible for the City’s program, and their employees. The fund has two main goals: to keep healthcare coverage intact for employees through April 2020, whether they have employer-sponsored benefits or receive subsidies for health insurance, and keeping employees safe by reimbursing employers for janitorial services, protective equipment, and supplies.
The goal for this fund is $10 million. Please contact email@example.com to make a contribution to this fund. The Chamber is working to set up a website to accept online contributions.
GoFundMe.org has started a Small Business Relief Fund to provide micro-grants to small businesses impacted by COVID-19
The GoFundMe.org has started a Small Business Relief Fund to provide micro-grants to qualifying small businesses negatively impacted by the COVID-19 pandemic. The Small Business Relief Fund is part of the Small Business Relief Initiative: a program supported by GoFundMe, Yelp, and Intuit QuickBooks. The Small Business Relief Initiative will supply financial assistance and support to businesses across the country by providing grants, tools, and resources to help during the crisis. GoFundMe, Yelp, and Intuit QuickBooks have pledged to donate up to $1.5 million in donations into the GoFundMe.org Small Business Relief Fund. Until that Fund is depleted, GoFundMe.org will continue issuing $500 matching grants to qualifying businesses. Additional companies are expected to contribute to this Fund in the coming weeks, in order to provide much needed aid to even more businesses across the country.
Washington Healthplanfinder provides information about Covid-19 Health Coverage
Washington Healthplanfinder Frequently Asked Questions About Covid-19 Health Coverage https://www.wahbexchange.org/coronavirus-faqs/
The Washington State Department of Revenue (DOR) created a page for business relief due to the COVID-19 pandemic
The Washington State Department of Revenue (DOR) created a page dedicated to business relief during the COVID-19 pandemic. Visit https://dor.wa.gov/taxrelief
Economic Injury and Disaster Loans (EIDLs). As Monument notes, the CARES Act temporarily expands eligibility for SBA Economic Injury Disaster Loans (EIDLs).
- What they are: An emergency loan program for federal disasters, including COVID-19. This program offers up to $2 million in assistance for fixed debts, payroll, and other account expenses with an interest rate of 3.75 percent for small businesses and 2.75 percent for nonprofits.
- What’s new: The CARES Act opened EIDLs to more types of small businesses, made it easier to apply, and ensured that EIDLs smaller than $200,000 can be approved without a personal guarantee.
- Additional feature: Through the SBA Economic Injury Emergency Grant Program, businesses can receive an emergency advance of up to $10,000 to small businesses and private non-profits harmed by COVID-19 within three days of applying for an SBA EIDL.
- How to access the advance: Companies must first apply for an EIDL and then request the advance. The advance does not need to be repaid under any circumstance, and may be used to keep employees on payroll, to pay for sick leave, meet increased production costs due to supply chain disruptions, or pay business obligations, including debts, rent and mortgage payments.
- Who is eligible: Small businesses with fewer than 500 employees (including sole proprietors with or without employees), independent contractors, cooperatives and employee owned businesses, private non-profits and tribal small businesses impacted by COVID-19.
- How to apply: Use the SBA’s application portal here.
The Paycheck Protection Program. Key parts of the program, via initial guidelines from the U.S. Treasury:
- What it is: A new program that provides small businesses with funds in the form of loans to pay up to eight weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.
- When to apply: Starting April 3, 2020, small businesses and sole proprietorships can apply. Starting April 10, 2020, independent contractors and self-employed individuals can apply.
- How to apply: You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating. The application form is available here.
- Who is eligible: Small businesses with 500 or fewer employees—including nonprofits, veterans organizations, tribal concerns, self-employed individuals, sole proprietorships, and independent contractors— are eligible. Businesses with more than 500 employees are eligible in certain industries. For more information about eligibility, please see section 1 in this guide from the U.S. Chamber of Commerce.
Businesses will be able to apply if they were harmed by COVID-19 between February 15, 2020 and June 30, 2020. This program is retroactive to February 15, 2020 in order to help bring workers who may have already been laid off back onto payrolls. Loans are available through June 30, 2020.
- Conditions of loans: The Paycheck Protection Program can offer loans up to $10 million and with 100 percent loan forgiveness if a business sustains its pre-COVID-19 payroll levels through June 30, 2020. Funds are provided in the form of loans that will be fully forgiven when used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll).
- Other things to know:
- No collateral or personal guarantees are required.
- Neither the government nor lenders will charge small businesses any fees
- FAQ: If I get an Economic Injury Disaster Loan and/or an Emergency Economic Injury Grant, can I get a PPP loan? Yes. Note that if you ultimately receive a PPP loan or refinance an EIDL into a PPP loan, any advance amount received under the Emergency Economic Injury Grant Program would be subtracted from the amount forgiven in the PPP. However, you cannot use your EIDL for the same purpose as your PPP loan. For example, if you use your EIDL to cover payroll for certain workers in April, you cannot use PPP for payroll for those same workers in April, although you could use it for payroll in March or for different workers in April.
- April 2 (11:00 a.m., register here): FREE Seattle Metro Chamber webinar on managing business expenses, and resources available, including the Paycheck Protection Program
- April 2 (2:00 p.m., register here): FREE OneRedmond webinar with SBA representatives to review funding opportunities available, including the Paycheck Protection Program (PPP) Loans, the SBA Debt Relief and Express Bridge Loans, and the Economic Injury Disaster Loans (EIDL) and Emergency Economic Injury Grants.
- Resources from the U.S. Chamber of Commerce
- Resources from the U.S. Department of the Treasury:
The Small Business Owner’s Guide to the CARES Act
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain nonprofits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA .........
SBA Offers Disaster Assistance to Washington Small Businesses Economically Impacted by the Coronavirus (COVID-19)
SACRAMENTO, Calif. – The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Washington small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced today. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare a disaster following a request received from Gov. Jay Inslee on March 13, 2020.
The disaster declaration makes SBA assistance available in Adams, Asotin, Benton, Chelan, Clallam, Columbia, Franklin, Garfield, Grays Harbor, Island, Jefferson, King, Kitsap, Kittitas, Klickitat, Lewis, Lincoln, Mason, Okanogan, Pacific, Pierce, San Juan, Skagit, Skamania, Snohomish, Spokane, Thurston, Wahkiakum, Walla Walla, Whatcom, Whitman and Yakima counties in Washington; Benewah, Latah and Nez Perce counties in Idaho; and Gilliam, Hood River, Morrow, Sherman, Umatilla and Wasco counties in Oregon.
“SBA is strongly committed to providing the most effective and customer-focused response possible to assist Washington small businesses with federal disaster loans. We will be swift in our efforts to help these small businesses recover from the financial impacts of the Coronavirus (COVID-19),” said Administrator Carranza.
SBA Customer Service Representatives will be available to answer questions about SBA’s Economic Injury Disaster Loan program and explain the application process.
“Small businesses, private non-profit organizations of any size, small agricultural cooperatives and small aquaculture enterprises that have been financially impacted as a direct result of the Coronavirus (COVID-19) since Jan. 31, 2020, may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred,” said Carranza.
“These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. Disaster loans can provide vital economic assistance to small businesses to help overcome the temporary loss of revenue they are experiencing,” Carranza added.
Eligibility for Economic Injury Disaster Loans is based on the financial impact of the Coronavirus (COVID-19). The interest rate is 3.75 percent for small businesses. The interest rate for private non-profit organizations is 2.75 percent. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years and are available to entities without the financial ability to offset the adverse impact without hardship.
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email firstname.lastname@example.org for more information on SBA disaster assistance. Individuals who are deaf or hard of hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The deadline to apply for an Economic Injury Disaster Loan is Dec. 16, 2020.
For more information about Coronavirus, please visit: Coronavirus.gov.
For more information about available SBA resources and services, please visit: SBA.gov/coronavirus.
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak by extending the date for paying any Federal Income Tax due April 15th (up to certain amounts) to July 15th, 2020. The filing deadline for tax returns remains April 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible. For those who can’t file by the April 15, 2020 deadline, the IRS reminds individual taxpayers that everyone is eligible to request a six-month extension to file their return.
A special webpage has been established on IRS.gov with all the tax-related/COVID-19 information. We encourage you to check it out: www.irs.gov/coronavirus.