The SBA recently proposed a rule that would amend the infamous three-in-two (AKA 3-in-2) rule for joint ventures. SBA’s current regulations provide that a joint venture can be awarded no more than three contracts over a two-year period. While SBA plans to keep the two-year lifespan for joint venture awards, it plans to get rid of the three contract maximum.Continue reading
Recently, the SBA proposed big changes for its small business regulations, including some aspects of the 8(a) Program. This blog post is Part 4 in our coverage of these proposed SBA changes and will cover the SBA’s potential changes to the joint venture agreement approval process for 8(a) contracts (here are part 1, part 2, and part 3 of our coverage).Continue reading
As many small business government contractors know, the SBA offers two mentor/protege programs: one reserved for 8(a) participants; the other, a universal program open to all small businesses—not just 8(a) companies.
Since the All-Small Mentor/Protege Program was rolled out in 2016, many have wondered why the SBA still runs two programs, instead of a single, consolidated program.
Fans of government efficiency, your cries are soon to be answered. Earlier today, the SBA issued a comprehensive proposed rule that, among other things, would consolidate the 8(a) Mentor/Protégé Program into the All-Small Mentor/Protégé Program.Continue reading
In the age of consolidated contracts and increased competition, small business federal contractors are searching for a way to improve their odds of winning the next opportunity. One of the most important tools for doing so is to form a joint venture.
Here are five things you should know about small business joint ventures:Continue reading
Make sure to check your NAICS code size standards based on receipts, because SBA is increasing them across the board on August 19 to give small businesses more time to grow. On July 18, the SBA announced it will increase monetary-based industry size standards (meaning receipts-based and assets-based size standards). This change is a result of adjustments for inflation that the SBA makes every five years. These rules will go into effect August 19, 2019.Continue reading
Recently, a member of the Senate Committee on Small Business & Entrepreneurship called for increased small business participation in federal contracts during a hearing on the SBA’s contracting programs. Senator Ben Cardin based his concern on a recent report showing that the number of small businesses with federal contracts was at a 10-year low.Continue reading