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Final Rules Small Business Administration

Maynard Nexsen

SBA Proposes to Amend its Negative Control Rule, Which Could Have Major Implications for Small Businesses and Minority Shareholder

Maynard Nexsen on

Recently, the Small Business Administration ("SBA") issued a proposed rule, which could significantly alter the status quo for permissible negative control. Impacted small businesses and their minority shareholders and...more

Bass, Berry & Sims PLC

SBA Final Rule Eliminates Self-Certification for Service-Disabled Veteran-Owned Small Businesses

Bass, Berry & Sims PLC on

On June 6, the Small Business Administration (SBA) issued a final rule that, effective August 5, 2024, implements a provision of the National Defense Authorization Act for Fiscal Year 2024 (2024 NDAA), which eliminates the...more

Pillsbury Winthrop Shaw Pittman LLP

SBA Takes Final Step Towards Eliminating SDVOSB Self-Certification

The Small Business Administration has issued a direct final rule requiring that Service-Disabled Veteran-Owned Small Businesses be certified by its VetCert program in order for agencies and prime contractors to receive credit...more

Venable LLP

Are You One of the 20,000 Self-Certified Service-Disabled Veteran-Owned Small Businesses? Because of a New Regulation, You Should...

Venable LLP on

On June 6, 2024, the U.S. Small Business Administration (SBA) published a direct final rule eliminating self-certification for service-disabled veteran-owned small businesses (SDVOSB) when considering contracts for agency...more

Bradley Arant Boult Cummings LLP

SBA Eliminates Self-Certification for SDVOSBs

The U.S. Small Business Administration (SBA) recently issued a direct final rule that eliminates self-certification for service-disabled veteran-owned small businesses (SDVOSBs). The SBA’s final rule — which implements a...more

Spilman Thomas & Battle, PLLC

The Site Report - Construction Industry Insights, Issue 5, May 2024

Welcome to our fifth issue of 2024 for our construction industry insights e-newsletter - The Site Report. In our Ask the Attorney segment at the bottom of this e-newsletter, we tap Jonathan Deasy, Senior Attorney in our...more

Schwabe, Williamson & Wyatt PC

USDOT Set to Overhaul DBE Program

On April 9, 2024, the U.S. Department of Transportation published its Final Rule to the Disadvantaged Business Enterprise (DBE) and Airport Concession DBE (ACDBE) programs. The Final Rule is the most significant overhaul to...more

Lippes Mathias LLP

SBA to Adopt Revised Small Business Loan Guidelines Effective March 2024

Lippes Mathias LLP on

On February 15th, the U.S. Small Business Administration published a final rule to adopt the current statutory alternative size standard for its 7(a) and 504 loan programs, subject to an adjustment for inflation that has...more

Eversheds Sutherland (US) LLP

SBA modernizes the SBIC program

On July 13, 2023, the US Small Business Administration (SBA) finalized major revisions to the regulations governing the small business investment company (SBIC) program (Final Rule). The updated regulations represent the most...more

Schwabe, Williamson & Wyatt PC

SBA 8(a) Program Regulatory Changes: All Small Mentor-Protégé Program

On April 27th, the U.S. Small Business Administration (“SBA”) published a final rule making changes to the regulations governing the 8(a) program. This final rule is SBA’s implementation of the proposed rules issued by the...more

Polsinelli

SBA New Final Rule Establishes Accrual SBIC License and Implements Significant Changes to SBIC Regulations

Polsinelli on

The Small Business Administration (the “SBA”) published a final rule on July 18, 2023, implementing significant changes to reduce barriers to program participation and address Small Business Investment Company (“SBIC”)...more

Bradley Arant Boult Cummings LLP

SBA Finalizes Rule on Increased Size Standards and Program Thresholds

The U.S. Small Business Administration (SBA) recently issued a rule that finalizes, without change, the SBA’s November 17, 2022 interim provisions that adjusted monetary-based industry size standards (i.e., receipts-and...more

Schwabe, Williamson & Wyatt PC

SBA Adopts Rule to Increase Monetary-Based Size Standards

On Wednesday, July 19, 2023, the Small Business Administration (“SBA”) published a final rule permanently adopting a 13.65 percent (13.65%) increase in the monetary-based size standards for SBA small business programs. The...more

Schwabe, Williamson & Wyatt PC

SBA 8(a) Program Regulatory Changes: Joint Ventures

On April 27th, the U.S. Small Business Administration (“SBA”) published a final rule making changes to the regulations governing the 8(a) program. This final rule is SBA’s implementation of the proposed rules issued by the...more

PilieroMazza PLLC

Federal Drive with Tom Temin Interviews PilieroMazza’s Kevin Barnett on DOD Rule Updating SPRS Assessment Process for Federal...

PilieroMazza PLLC on

The Department of Defense (DOD) issued a final rule amending the Defense Federal Acquisition Regulation Supplement (DFARS) requiring Contracting Officers to use Supplier Performance Risk System (SPRS) assessments when...more

Womble Bond Dickinson

Important May 30, 2023 Changes to the SBA’s Mentor-Protégé and Joint Venture Regulations

Womble Bond Dickinson on

On May 30, 2023, the Small Business Administration’s (“SBA”) Final Rule on Ownership and Control and Contractual Assistance Requirements for the 8(a) Business Development Program (the “Final Rule”) became effective. The Final...more

Venable LLP

Small Business Lenders Data Reporting Obligations Under Section 1071

Venable LLP on

The Consumer Financial Protection Bureau ("CFPB" or "Bureau") recently published a Small Entity Compliance Guide (the "Guide") regarding Section 1071 of the Dodd-Frank Act, which amended ECOA to require that financial...more

Schwabe, Williamson & Wyatt PC

SBA 8(a) Program Regulatory Changes: Limitations on Subcontracting

On April 27th, the U.S. Small Business Administration (“SBA”) published a final rule making changes to the regulations governing the 8(a) program. This final rule is SBA’s implementation of the proposed rules issued by the...more

Bass, Berry & Sims PLC

SBA Tidies Up 8(a) Rules in Welcomed Final Rule

Bass, Berry & Sims PLC on

Effective May 30, 2023, a Small Business Administration (SBA) final rule made some notable changes to SBA’s 8(a) Business Development (BD) program, a valuable resource for those firms owned by socially and economically...more

Schwabe, Williamson & Wyatt PC

SBA 8(a) Program Regulatory Changes: ‎8(a) Business Activity Targets ‎

On April 27th, the U.S. Small Business Administration (“SBA”) published a final rule making changes to the regulations governing the 8(a) program. This final rule is SBA’s implementation of the proposed rules issued by the...more

McCarter & English Blog: Government Contracts...

Ostensible Clarity: SBA Rule Addresses Ostensible Subcontractor Rule in General Construction Contracts and DoverStaffing Factors

In a previous post, we mentioned the April 27, 2023 Small Business Administration (SBA) Final Rule, which made a number of revisions to the Small Business Regulations. A few of those revisions relate to the Ostensible...more

Schwabe, Williamson & Wyatt PC

SBA 8(a) Program Regulatory Changes: Ostensible Subcontractor Rule ‎

On April 27th, the U.S. Small Business Administration (SBA) published a final rule making changes to the regulations governing its 8(a) program. This final rule is SBA’s implementation of the proposed rules issued by the SBA...more

Holland & Knight LLP

SBA Issues Final Rule on Ownership and Control Changes for the 8(a) Program

Holland & Knight LLP on

The U.S. Small Business Administration (SBA) issued its final rule on April 27, 2023, implementing several changes to the ownership and control requirements for the 8(a) Business Development program. The final rule also...more

Bass, Berry & Sims PLC

Final Rule Makes Host of Changes to SBA Regulations

Bass, Berry & Sims PLC on

On April 27, the Small Business Administration (SBA) issued a final rule which, effective May 30, will make a number of changes to the SBA regulations impacting small businesses. The regulations, finalizing the proposed rule...more

Schwabe, Williamson & Wyatt PC

SBA Series: Bona Fide Place of Business Requirements

On April 27th, the U.S. Small Business Administration (“SBA”) published a final rule making changes to the regulations governing the 8(a) program. This final rule is SBA’s implementation of the proposed rules issued by the...more

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