Cold, hard cash – Native Alaskans among top contract recipients in Guam

Cold, hard cash – Native Alaskans among top contract recipients in Guam

 

BY JOY WHITE

Journal Staff

 

The military presence on Guam promises ample opportunity to pursue federal contracts, and the opportunity has attracted contractors nationally, notably the business of Alaska Native Corporations.

For several ANCs, the prime contracts they hold on Guam generate more revenue than their contracts held in other states.

An ANC is a regional corporation, village corporation, urban corporation or group corporation at least 51% owned by an Indian tribe. By statute an ANC is a disadvantaged business, allowing it to receive special consideration under the Native 8(a) program and the Alaska Native . . .

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