With the stroke of a pen, Congress may have just paved the way for some soon-to-be large businesses to remain small for longer.
Both the House of Representatives and the Senate have passed a bill that would amend the Small Business Act to change the period of measurement used to determine the size of a business from three years to five. The bill awaits the president’s signature to become law.
After spending the majority of the week in Norman, Oklahoma for the ICBS Show, I am back in the office, and ready for our weekly dose of government contracts news and commentary.
This week, a large corporation gets busted for misusing taxpayer money, the IT industry is becoming more and more concerned about new cybersecurity rules, the government’s operation of two separate SDVOSB programs causes confusion, and much more.