In this presentation:
- New Final Rules
- Presumed Loss
- Multiple Award Contracts
- Coming Attractions
- Performance of Work Requirements
- Mentor-Protégé Programs
- Labor and Employment Updates
- Excerpt from Presumed Loss:
The presumed loss rule reads as follows:
In every contract, subcontract, cooperative agreement, cooperative R&D agreement, or grant that is set aside, reserved, or otherwise classified as intended for award to small, 8(a), SDB, SDVOSB, HUBZone, WOSB, or EDWOSB firms, there is a presumption of loss to the government based on the total amount expended on the contract, subcontract, etc., whenever it is established that a firm willfully sought and received the award by misrepresentation.
Please see full presentation below for more information.