Every five years, the government is required by 41 U.S.C. § 1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. It just so happens that the last such adjustment occurred back in 2020. As such, the government is once again looking to increase these thresholds in light of the inflation that has occurred over the past five years. In this post, we will look at the proposed increases.
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SBA Updates Veteran Surviving Spouse Rule
A proposed rule from SBA will make changes to the SDVOSB rules. SBA has modified its rules allowing surviving spouses to continue owning Service-Disabled Veteran-Owned Small Businesses after the veteran owner has passed away. This should provide some help to spouses of disabled veterans. SBA has updated a few dollar thresholds as well.
Continue readingGAO Seeking Feedback from 8(a) Firms
The Government Accountability Office (GAO) has offered participants in the U.S. Small Business Administration’s (SBA) 8(a) Business Development Program the opportunity to tell Congress about their views and experience in the program.
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