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The Small Business Administration (SBA) issued a proposed rule on December 4, 2018, to implement, among other things, certain provisions of the National Defense Authorization Acts (NDAA) of 2016 and 2017. The proposed rule,...more
December of 2018 brought many potential changes to the U.S. Small Business Administration’s (SBA) regulations that impact small businesses. First, on December 4, 2018, the SBA issued a lengthy proposed rule implementing...more
Late last year, President Trump signed into law H.R. 6330, the Small Business Runway Extension Act of 2018 (the “Runway Extension Act”). As detailed in our client alert on the Runway Extension Act, this law extends the...more
The Small Business Runway Extension Act of 2018 extends the measurement period from three to at least five years for contractors under revenue-based size standards to determine small business eligibility. The Runway Act...more
On December 17, 2018, President Trump signed into law H.R. 6330, the Small Business Runway Extension Act of 2018 (the “Runway Act”). The Runway Act extends the measurement period for determining whether a contractor qualifies...more
President Trump signed a bill into law that changes the look-back period for determining small businesses' size status from three years to five. The change means that the size of a contractor will be measured by averaging the...more