102 STAT. 3860	PUBLIC LAW 100-656—NOV. 15, 1988
submitted by the Program Participant or required by the
Administration as a part of the application for certification
under this section and shall be designed to result in the
Program Participant eliminating the conditions or cir-
cumstances upon which the Administration determined
eligibility pursuant to section 8(a)(6X Such plan, and subse-
quent modifications submitted under clause (iii) of this
subparagraph, shall be approved by the business oppor-
tunity specialist prior to the Program Participant being
eligible for award of a contract pursuant to section 8(a).
"(ii) The plans submitted under this subparagraph shall
include the following:
"(I) An analysis of market potential, competitive
environment, and other business analyses estimating
the Program Participant's prospects for profitable oper-
ations during the term of program participation and
after graduation.
"(II) An analysis of the Program Participant's
strengths and weaknesses with particular attention to
correcting any financial, managerial, technical, or
personnel conditions which are likely to impede small
business concerns from receiving contracts other than
those awarded under section 8(a).
"(Ill) Specific targets, objectives, and goals, for the
business development of the Program Participant
during the next and succeeding years utilizing the
results of the analyses conducted pursuant to
subclauses (I) and (II).
"(IV) A transition management plan outlining spe-
cific steps to assure profitable business operations after
graduation (to be incorporated into the Program
Participant's plain during the first year of the transi-
tional stage of Program participation).
"(V) Estimates of contract awards pursuant to sec-
tion 8(a) and from other sources, which the Program
Participant will require to meet the specific targets,
objectives, and goals for the years covered by its plan.
The estimates established shall be consistent with the
provisions of subparagraph (I) and section 8(a).
"(iii) Each Program Participant shall annually review its
currently approved plan with its Business Opportunity
Specialist and modify such plan as may be appropriate. Any
modified plan shall be submitted to the Administration for
approval. The currently approved plan shall be considered
valid until such time as a modified plan is approved by the
Business Opportunity Specialist. Annual reviews pertaining
to years in the transitional stage of program participation
shall require, as appropriate, a written verification that
such Program Participant has complied with the require*
ments of subparagraph (I).
"(iv) Each Program Participant shall annually forecast
its needs for contact awards under section 8(a) for the next
program year and the succeeding program year during the
review of its business plan, conducted pursuant to clause
(iii). Such forecast shall be known as the section 8(a) con-
tract support level and shall be included in the Program
Participant's business plan. Such forecast shall include—