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Bona

bona.com

Founded Year

1919

About Bona

Bona specializes in hardwood floor care that is safe for floors, families and the environment.

Headquarters Location

24 Inverness Place East Suite 100

Englewood, Colorado, 80112,

United States

877-289-2662

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Bona Patents

Bona has filed 1 patent.

The 3 most popular patent topics include:

  • Adhesives
  • Chelating agents
  • Concrete
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/2/2018

7/13/2021

Geotechnical engineering, Adhesives, EC 1.1.1, Soil mechanics, Concrete

Grant

Application Date

11/2/2018

Grant Date

7/13/2021

Title

Related Topics

Geotechnical engineering, Adhesives, EC 1.1.1, Soil mechanics, Concrete

Status

Grant

Latest Bona News

SBA Proposes Revisions to Bona Fide Place of Business Requirements for 8(a) Construction Contracts

Oct 5, 2022

To embed, copy and paste the code into your website or blog: <iframe frameborder="1" height="620" scrolling="auto" src="//www.jdsupra.com/post/contentViewerEmbed.aspx?fid=7e5ca536-8383-4827-8914-a998d11651ca" style="border: 2px solid #ccc; overflow-x:hidden !important; overflow:hidden;" width="100%"></iframe> The bona fide place of business requirement provides that for 8(a) construction contracts, the contractor must have an SBA-approved bona fide place of business in the applicable geographical area. Since August 25, 2021, and as PilieroMazza reported , SBA placed a moratorium on the bona fide place of business requirements for 8(a) construction contracts. The moratorium was extended through September 30, 2023. This client alert reviews certain proposed changes that government contractors operating in the construction sector and participating in the 8(a) program should monitor in order to prepare their company and avoid costly missteps. Now, and during the moratorium, SBA proposes certain revisions to this rule. Notably, SBA does not have the authority to eliminate this requirement altogether, as the Small Business Act requires that—to the maximum extent practicable—8(a) construction contracts shall be awarded within the county or state where the work is to be performed. Given the language in the Small Business Act and absent removal of this requirement from the Small Business Act, the requirement will continue to apply to both sole-source and competitive 8(a) construction procurements, unless SBA determines that it is not practicable to do so. However, SBA is proposing changes to how this requirement is implemented in its regulations. Certain proposed changes include: Where an 8(a) participant is currently performing a contract in a specific state, it would qualify as having a bona fide place of business in that state for additional contracts. However, an 8(a) participant cannot use contract performance in one state to allow it to be eligible for an 8(a) contract in a contiguous state unless it officially establishes a bona fide place of business in the location in which it is currently performing a contract. Contractors can establish a bona fide place of business through a full-time employee in a home office. In addition, this full-time employee does not need to be a resident of the state where he/she is conducting business. The rule clarifies that for a single award 8(a) construction contract that requires work in multiple locations, the 8(a) participant would be eligible if it has a bona fide place of business where a majority of the work is to be performed. For a multiple award 8(a) construction contract, the 8(a) participant must have a bona fide place of business in any location where work is to be performed. Keep in mind that once the moratorium expires, the bona fide place of business requirement will again be implemented, and SBA’s regulations require that the request for a bona fide business determination must be submitted to the appropriate SBA district office at least 20 working days before initial offers are due.

Jul 7, 2022
Nora

Bona Web Traffic

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Bona Frequently Asked Questions (FAQ)

  • When was Bona founded?

    Bona was founded in 1919.

  • Where is Bona's headquarters?

    Bona's headquarters is located at 24 Inverness Place East, Englewood.

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