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Gross Receipts Federal Contractors

Venable LLP

Federal Court Potentially Upends Small Business Administration's Method for Calculating Contractors' Annual Receipts in...

Venable LLP on

On May 18, 2023, the U.S. District Court for the District of Columbia (DDC) issued a decision with significant potential consequences for federal contractors and the U.S. Small Business Administration (SBA). ...more

Stinson - Government Contracting Matters

Small Business Runway Act Regulation Goes Into Effect – You May Have a Choice in How to Calculate Your Size

Being a small business can have its advantages. Federal procurement rules provide that certain contracting opportunities may be set-aside for small business competition. Small businesses also may be exempt from certain...more

Woods Rogers

Small Business Size Standards: Calculation Of Annual Average Receipts

Woods Rogers on

As reported in the Federal Register, The U.S. Small Business Administration (SBA or Agency) is modifying its method for calculating average annual receipts used to prescribe size standards for small businesses. Fed. Reg. Vol....more

Miles & Stockbridge P.C.

The Small Business Runway Extension Act of 2018 Is Law, So It’s Five Years Instead of Three, But Starting When?

Miles & Stockbridge P.C. on

On Monday, December 17, 2018, President Trump signed into law the Small Business Runway Extension Act of 2018. To determine whether a federal contractor qualifies as a small business, the yardstick will now be the average of...more

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