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The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA... more +
The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -
Maynard Nexsen

SBA Proposes Rule That Will Change M&A Landscape for Small Business, Recertifications to Impact Award Eligibility

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The Small Business Administration ("SBA") recently issued a proposed rule that changes the effect of a concern's size recertification following mergers and acquisitions ("M&A") activity. Notably, the proposed rule is...more

Buchalter

PPP Lender Liability, Enforcement, & Fintech Challenges

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The Paycheck Protection Program (“PPP”) emerged as a lifeline for small businesses grappling with the unprecedented challenges of the COVID-19 pandemic. Lenders navigated a landscape of regulations that Congress quickly...more

Buchalter

PPP Fraud Enforcement Shows No Signs of Slowing

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After dozens of high-profile criminal prosecutions and a growing wave of civil investigations, the Department of Justice’s (“DOJ”) Covid-19 Fraud Enforcement Strike Force is poised to continue its pursuit of fraud, abuse, and...more

Troutman Pepper

Description of the Small Business Investment Company Debenture Program — Updated October 2023

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The SBIC Program - A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the U.S. Small Business Administration...more

PilieroMazza PLLC

Federal Court Prohibits SBA’s Use of Rebuttable Presumption for 8(a) Program

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On July 19, 2023, the U.S. District Court for the Eastern District of Tennessee issued an important decision where it declared that the Small Business Administration’s (SBA) rebuttable presumption of social disadvantage,...more

Davis Wright Tremaine LLP

Texas Data Privacy and Security Act – An Overview

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The Texas Data Privacy and Security Act (TDPSA) became law on June 16, 2023. Texas becomes the 11th state to enact a comprehensive consumer data privacy law, joining California, Virginia, Colorado, Connecticut, Utah, Iowa,...more

Venable LLP

Congressional, Executive, and Legal Developments for Government Contractors to Consider - June 2023

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Each month, Venable's Government Contracts Group publishes a summary of recent legal developments of interest to the government contractor community. President Signs Fiscal Responsibility Act Suspending Debt Ceiling: The...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – June 2023 #3

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Assessing Contractor Implementation of Cybersecurity Requirements (DFARS Case 2019-D041), Department of Defense (DOD), Proposed Rule - DOD is amending an interim rule to implement the Cybersecurity Maturity Model...more

Schwabe, Williamson & Wyatt PC

District Court Grants Preliminary Injunction against MBDA Business Centers, Finding Unconstitutional Discrimination

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In March of 2023, Christian Bruckner, Jeffrey Nuziard, and Matthew Piper filed a lawsuit in the U.S. District Court for the Northern District of Texas (Fort Worth Division), Jeffery Nuziard, et. al. v. Minority Business...more

Jenner & Block

Government Contracts Legal Round-Up - April 2023 #7

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Welcome to Jenner & Block’s Government Contracts Legal Round‑Up, a biweekly update on important government contracts developments. This update offers brief summaries of key developments for government contracts legal,...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, April 4, 2023

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March 31, 2023- U.S. Senator Catherine Cortez Masto (D-Nev.) introduced the Financial Compensation for CFPB Whistleblowers Act to authorize the Consumer Financial Protection Bureau (CFPB) to award financial compensation to...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, March 8, 2023

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March 7, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "The Semiannual Monetary Policy Report to the Congress." March 7, 2023- U.S. Senator Ben Cardin (D-MD), Chairman of...more

DirectEmployers Association

OFCCP Week In Review - December 2022 #3

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Wednesday, November 16, 2022: USDOL ALJ Approved Consent Decree in Long-Running OFCCP Action Against Convergys - In July, Secretary Walsh Intervened to Order Contractor’s Compliance with Document Demands - U.S. Department...more

Wilson Sonsini Goodrich & Rosati

Good News for Small Businesses Seeking Government Funding for Research and Development: SBIR/STTR Programs Extended Through 2025

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Under the SBIR and STTR Extension Act of 2022 (the Act), signed into law last month, the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs were extended through fiscal year 2025....more

Sheppard Mullin Richter & Hampton LLP

SBA Annual Scorecard Shows Federal Government Continues to Prioritize Small Business Contracting

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The U.S. Small Business Administration (“SBA”) recently released its annual Procurement Scorecard, demonstrating the federal government’s continued prioritization of small business contracting and subcontracting. In 2021, the...more

PilieroMazza PLLC

SBIR/STTR Extension: Proposed Requirements for Small Business Contractors

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On September 22, the Senate passed the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Extension Act of 2022. As it heads to the House of Representatives, government contractors in...more

Fox Rothschild LLP

Justice Department Announces First False Claims Act Settlement With PPP Lender and Unveils New COVID-19 Fraud Strike Force Teams

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The Justice Department has announced the first-ever False Claims Act settlement with a lender to resolve allegations related to processing a Paycheck Protection Program loan on behalf of an ineligible customer. This...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – August 2022 #2

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GOVERNMENT CONTRACTS - New SBA Rule Enhances Past Performance Opportunities for Small Businesses - On August 22, 2022, the Small Business Administration will implement a final rule that provides two new methods by which...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, May 25, 2022

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Major Developments- Federal Deposit Insurance Corporatio Quarterly Banking Profile: Insured Institutions Reported Net Income of $59.7 Billion in First Quarter 2022-...more

Troutman Pepper

Description of the Small Business Investment Company Program Participation by Unleveraged Funds (UPDATED)

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The SBIC - Program A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the U.S. Small Business Administration...more

Morrison & Foerster LLP

Enforcement Against COVID-19 Related Fraud: Two-Year Anniversary Update

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On the eve of the pandemic’s two-year anniversary, the U.S. Department of Justice (DOJ) released updated statistics on its efforts to combat COVID-19 related fraud and announced the appointment of a director of COVID-19 Fraud...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – February 2022

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DOJ Recovers Over $5.6 Billion From Fraud and False Claims Act Matters in FY 2021: 6 Key Takeaways - On February 1, 2022, the U.S. Department of Justice (DOJ) announced that it had recovered more than $5.6 billion in Fiscal...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – January 2022 #2

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LITIGATION & DISPUTE RESOLUTION - Non-Compete Agreements: What Employers and Healthcare Providers Should Know - Non-compete clauses are a common component in employment agreements for many businesses, including healthcare...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – January 2022

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LABOR & EMPLOYMENT - Government Contractors to Register for Affirmative Action Program Compliance Certification Beginning February 1, 2022 - In December 2021, the Office of Federal Contract Compliance Programs (OFCCP)...more

Fox Rothschild LLP

Bank Fraud Involving PPP Loans Could Lead to Prison Time, Even for Relatively Small Advances

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The U.S. Department of Justice has recently begun charging defendants with bank fraud in relation to Paycheck Protection Program loans as part of its continuing efforts to investigate and prosecute individuals for crimes...more

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