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There are 3 articles related to SBA
SBA to Adjust Small Business Size Standards for Inflation
On July 18, 2019, the U.S. Small Business Administration (SBA) issued an interim final rule adjusting the revenue-based size standards for small business to account for inflation. The rule affects all small businesses, and will take effect on August 19, 2019.
Small Business Runway Act to Become Effective January 6, 2020
On December 5, 2019, the U.S. Small Business Administration (SBA) issued a final rule to implement the Small Business Runway Extension Act of 2018, which extends the period, from three to five years, for contractors under receipts-based size standards to determine eligibility for small business size status, including for set-aside contracts.
SBA Issues Final Rule Impacting Small Business Regulations
On November 29, 2019, the U.S. Small Business Administration (SBA) issued an extensive final rule that made numerous revisions to its small business regulations, including limitations on subcontracting and compliance with small business subcontracting plans. (See 84 Fed. Reg. 65647-65666). This final rule, which becomes effective on December 30, 2019, implements provisions of the National Defense Authorization Acts (NDAA) of 2016 and 2017 and the Recovery Improvements for Small Entities After Disaster Act of 2015. The final rule makes multiple changes to the SBA’s regulations, the most significant of which are described below.