The U.S. Small Business Administration (SBA), in accordance with the Small Business Runway Extension Act of 2018, recently issued its much-anticipated final rule to modify its method for calculating average annual receipts used to prescribe size standards for small businesses.
Here are the key takeaways from SBA’s final rule:
The Small Business Administration (SBA) recently issued a proposed rule “to merge the 8(a) Business Development (BD) Mentor-Protégé Program and the All Small Mentor-Protégé Program to eliminate confusion and remove unnecessary duplication of functions within SBA.”
The mentor-protégé program currently available to companies participating in the 8(a) BD
President Trump signed an Executive Order on October 31, 2019, revoking “Executive Order 13495 of January 30, 2009 (Nondisplacement of Qualified Workers Under Service Contracts), which requires that successor Federal contractors in certain circumstances offer a right of first refusal of employment to employees employed under the predecessor contract . . . .”
The