Small Business Administration

SBA Extends 8(a) Program Terms by One YearOn January 13, 2021, the Small Business Administration (SBA) issued an interim final rule to, among other things, amend § 124.2 of its regulations to incorporate the optional program term extension for small business concerns participating in the 8(a) Business Development (BD) program on March 13, 2020. Specifically, revised § 124.2 provides that, for a

SBA Issues Sweeping Regulatory Changes in Response to Presidential InitiativeThe Small Business Administration (SBA) recently published a much-anticipated final rule on a series of important regulatory amendments, including the:

  • Consolidation of the 8(a) Business Development (BD) Mentor-Protégé Program and the All Small Mentor-Protégé Program;
  • Elimination of the requirement that 8(a) participants seeking to be awarded an 8(a) contract as a joint venture (JV) submit

SBA Issues Annual Small Business Procurement ScorecardThe U.S. Small Business Administration (SBA) recently issued its annual procurement scorecard showing how well federal agencies fared in Fiscal Year 2019 with respect to their small business and socio-economic prime contracting and subcontracting goals.

Of note, the SBA reports that 26.50% (or $132.9 billion) of the total federal contracting dollars spent by the government