If you’re a regular SmallGovCon reader (and we hope you are!), you probably are familiar with the Small Business Runway Extension Act. Under the Runway Extension Act, Congress lengthened the period used to determine small business status under receipts-based size standards, from three to five years. Congress’s laudable goal was to allow businesses to “stay small” longer, but the Runway Extension Act can backfire when a business has been shrinking instead of growing.
Now, Congress has done it again. In the Conference Report to the 2021 NDAA, Congress has extended the period used to measure employee-based size standards, from 12 to 24 months–and whether this is good news may depend on if a business has been growing or shrinking.
The House and Senate have agreed to eliminate service-disabled veteran-owned small business self-certification and adopt a government-wide SDVOSB certification requirement, while transferring control of the certification process from the VA to the SBA.
The Conference Report on the 2021 National Defense Authorization Act would require government-wide SDVOSB certification (eventually) and transfer control of the the Center for Verification and Evaluation from the VA to the SBA. Assuming the President signs the bill into law (which, unlike the typical NDAA, remains to seen), SDVOSB self-certification–which is still the law for non-VA contracts–is on its way out.
With COVID-19 cases on the rise, all of us are doing our best to stay safe and healthy. But for federal contractors, the COVID spike also brings increased risks of delays and other problems under active government contracts.
On Thursday, December 3, please join me for “COVID-19: Best Practices for Government Contractors,” a virtual session hosted by the UTSA SBDC Center for Government Contracting/COVID Business Recovery Accelerator. I’ll provide you with a step-by-step proactive approach for handling the potential for COVID-related interruptions and delays to your contracts–and help you ensure that you get paid.
To register, follow this link. I hope to see you there!
In some circles, the VA CVE application process for SDVOSB/VOSB certification has a reputation as being very cumbersome and time-consuming. But while applying for verification isn’t exactly fun, it doesn’t take an extraordinarily long time for most new applicants to be verified. In fact, according to the VA’s Office of Small and Disadvantaged Business Utilization, the average processing time is a mere 34 days.
Raise your hand if you love completing your SAM profile! Um, anyone? Anyone?
Love it or hate it, SAM is a fact of life for government contractors, and it’s very important to get it right. Mistakes on your SAM profile (including those seemingly never-ending “reps and certs”) can come back to haunt you.
On December 1, please join me and Carroll Bernard, the co-founder of Govology, as we discuss how to set up your SAM profile–properly! Just click here to register. Hope to see you then!
Sure, you could spend the day before Thanksgiving feverishly researching how to deep fry a turkey without burning down the neighborhood, but if you’re a government contracting wonk like me, I bet what you’re really hungering for is some good, fun talk about federal procurement.
Well, you’re in luck! On Wednesday, November 25, join me at 12:00 Eastern on The Govcast with host Jack Siney. Jack and I will discuss the latest and greatest in government contracting, so bring your questions (but leave the deep fryer unplugged). I hope to see you then!
The SBA has cut the waiting period for reapplying to the 8(a) Program from 12 months to only 90 days.
In a final rule effective November 16, the SBA explains that the shorter period should reduce the need for sometimes-costly appeals of denied 8(a) Program applications.