As of July 15, the initial caps on net worth, adjusted gross income, and fair market value of assets for the 8(a) program have gone up. The dollar amounts for initial 8(a) economic disadvantage eligibility have increased quite a bit, making more people economically eligible. Read on for the details on this change.
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FAR Final Rule: Increased Micro-Purchase and Simplified Acquisition Thresholds
The Federal Acquisition Regulation has officially been updated to increase the micro-purchase threshold and the simplified acquisition threshold, effective August 31, 2020. Various federal agencies had already increased the thresholds through deviations, but this rule makes it official across the board. A few additional thresholds will increase due to inflation.
Read on for the details on how this could impact federal procurement.
Continue readingSmallGovCon Week In Review: June 29 – July 2, 2020
Happy Independence Day to all of our SmallGovCon readers! I hope you are able to share some time with family and friends and observe the 4th in a way that means the most to you. Stay healthy and safe.
In this short week, there were still some interesting federal contracting developments. These included debate on National Defense Authorization Act and other congressional initiatives such as the ban on equipment from certain Chinese companies, some challenges for Cybersecurity Maturity Model Certification, and GSA announcing awards for the government e-commerce portal.
Continue readingJoint Ventures: Is “Unequivocal Control” Required?
Fans of the blog know that we’re wild about joint ventures: they allow small business contractors to use their size status while, at the same time, leveraging their joint venture partner’s experience and capabilities.
But joint ventures—particularly joint ventures under one of the SBA’s socioeconomic programs—can be tricky to create. For joint ventures between a small and a large company, the venturers first need an approved mentor-protégé agreement. And regardless, for the joint venture to qualify under a socioeconomic designation, that joint venture must have a compliant agreement.
But that’s still not enough to create a compliant joint venture. As a recent SBA Office of Hearings and Appeals decision explains, the small business venturer must unequivocally control the joint venture.
Continue readingNew GovCon Handbook Arriving July 28! Procedures and Pitfalls of Size Protests and Appeals
I’m pleased to announce that my forthcoming Koprince Law LLC GovCon Handbook, entitled Procedures and Pitfalls of Size Protests and Appeals, will be published through Amazon on July 28! In addition, I’ll be hosting an accompanying webinar through Koprince Law on August 5.
If you’ve had questions about size protests and appeals, and how to prepare for them, this is the book for you. It will cover the basic (and advanced) strategies and tips that will help your company put itself in the best possible position to file or respond to a size protest. It will also delve into the size appeal process and help you prepare for a size appeal or to respond to one. Be sure to mark your calendars and stay tuned for more details!
SmallGovCon Week In Review: June 22 – June 26, 2020
This week, the dust cloud coming to US shores could bring some negative impacts to certain parts of the country, but it could also result in more vivid sunsets and sunrises. There’s often a silver lining but it can take a while to figure out what it is sometimes.
There were also some big impacts and silver linings in the world of federal government contracting this past week. These included an increase in the ceiling of the 8(a) STARS II GWAC, some rumblings from the Pandemic Oversight Committee and how it will track spending, and updates on how the CMMC application process will work for future cyber assessors.
Continue readingClean-Up on Aisle “FAR”: Joint Venture and Subcontracting Plan Rules Get Modernized
Joint ventures and small business subcontracting are two issues near and dear to the hearts of many small business federal contractors. Well, the Federal Acquisition Regulation will soon be updated with respect to both of these topics. The new rules will align with SBA’s rules and remove any inconsistencies. Let’s dive in!
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