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Advantages
ADVANTAGES

Advantages At A Glance
Cherokee Nation Businesses’ portfolio of companies offers its partners and clients all the advantages of a tribal-owned, 8(a), SBA- and HUBZone-certified firm. The unlimited opportunities for sole sourcing make it the minority supplier of choice.

Federal agencies are able to initiate work with 8(a) firms through established contract vehicles instead of traditional open-market methods, saving time and money. As sole-source providers, CNB companies are able to offer faster delivery times and best-value pricing to help improve bottom-line results.

The straightforward acquisition process is efficient, and contracts are awarded in days, not weeks or months. A streamlined procurement process keeps administration costs to a minimum. And the tribal-owned status of CNB’s companies renders them exempt from the competitive $3 million threshold, as stated in 13 CFR 124, 123, 311(b) and FAR 19.805-1(b) (2).

From construction services and health care to defense services and technolo​gy, CNB’s companies bring strong financial backing, demonstrated performance and an experienced management team to help clients meet today’s challenges and build healthy businesses for the future.

CNB actively seeks business partners who are interested in working with the Cherokee Nation. There are many advantages to working or contracting with CNB. Some examples include:

• Access to excellent branding opportunities, with the positive name identification of the Cherokee Nation to build brand recognition and goodwill.

• Access to the 8(a) program of the U.S. Small Business Administration (SBA). Companies that are certified under the 8(a) program are eligible for unlimited set-aside contracts from the federal government. Several of the companies owned or overseen by CNB qualify as 8(a) companies.

• Access to the HubZone program of the SBA. The federal government has set-aside contracts for companies, such as CNB, that are located in a designated HubZone, areas in need of economic development. In addition, when companies located in HubZones compete for federal contracts their bid prices are automatically discounted by 10 percent for purposes of evaluating contract bids.


• Access to the Small Disadvantaged Business (SDB) program of the SBA. The federal government sets aside 5 percent of all contracts for SDB companies. Companies owned by CNB automatically qualify for this designation. Like the HubZone program, bids from SDB companies are automatically discounted by 10 percent for purposes of evaluating contract bids.


• Access the Department of Defense Indian Subcontracting Program that provides a 5 percent rebate to prime contractors who subcontract to Indian owned enterprises.


• Exemption from the cumbersome A-76 processes, a cost comparison study, when securing federal government outsourcing contracts.


• Access to substantial employment and depreciation tax treatment for partners who do business within the Cherokee Nation.

Doing Business in the Cherokee Nation

The 14 counties of the Cherokee Nation qualify for special federal tax treatment. Businesses locating or expanding within the Cherokee Nation benefit by accelerated depreciation of investments and by
employment tax credits when employing tribal members or their spouses.

Benefits
• Accelerated Federal Property Depreciation Schedule.

• Federal Employment Tax Credits of up to $4,000 per qualifying employee per year.

• Savings of up to 35 percent to 40 percent in depreciation of equipment.

Depreciation Incentives
The depreciation incentive provides a shorter recovery period of about 40 percent for most non-residential depreciable property. This federal tax deferral can substantially increase the after-tax income of businesses. Since Oklahoma’s taxable income is based on federal taxable income, the depreciation benefit will automatically apply for Oklahoma tax purposes.

In the case of: The applicable recover period is:
3-year property 2 years
5-year property 3 years
7-year property 4 years
10-year property 6 years
15-year property 9 years
20-year property 12 years
Non-residential real property (39 years)
22 years


Example: The regular depreciation on a commercial building with a cost of $1 million would be $25,641 annually for 39 years. The accelerated depreciation would be $45,454 annually for 22 years. This would substantially increase the taxpayers' present value of available dollars.

Employee Tax Credit
The employment tax credit is equal to 20 percent of an employee's wages, including health insurance premiums paid by the employer. The tax credit can be claimed on wages not exceeding $45,000.

Investing and Partnering
Cherokee Nation Businesses seeks to invest in new businesses and to form partnerships with existing businesses. Our success has come in teaming with other companies as a strategic partner with the ability to leverage the unique advantages of a business relationship with tribally owned, Cherokee entities. Those advantages, when matched with the unparalleled financial strength of the Cherokee Nation and the added benefit of dedicated, experienced professionals, can give your company the competitive edge you are looking for.

There are many ways to partner with Cherokee Nation Businesses. With a very diverse business portfolio CNB can serve in many different capacities. From serving as a liaison to our companies to investing in a new venture, CNB can work for you. CNB can bring multiple tribally owned businesses together to create excellent teaming options.

Types of Partnerships
There are many ways to partner with Cherokee Nation Businesses. With a very diverse business portfolio CNB can serve in many different capacities. From serving as a liaison to our companies to investing in a new venture, CNB can work for you. CNB can bring multiple tribally owned businesses together to create excellent teaming options.

Business Options:
• Traditional Prime/ Sub Arrangement

• Prime Contractor

• Subcontractor

• Joint Venture

• Mentor-Protégé

• Teaming

• Consulting