Both proposed rules now accept comments through Nov. 20, as the Small Business Administration's Advocacy office projects a fraction of the 115,000 new small businesses the agency originally estimated.
The Small Business Administration's Office of Advocacy now says only 4,000 to 6,000 companies would become small businesses, not the 115,000 originally estimated.
The proposed rules would collapse nearly 1,000 size standards into 338 and shift many industries to headcount. You have until Sept. 21 to make your voice heard, writes attorney Ray Jones of Spencer Fane.
Only 1.2% of active 8(a) firms are registered in the 10 NAICS codes prioritized by the Small Business Administration, though pending reforms could expand the pipeline.
SBA’s proposed size-standard overhaul might help growing firm but it raises hard questions about competition, the mid-tier, and how to define small, writes Kristina Messner, CEO of Messner Media Group.
The National Oceanic and Atmospheric Administration is seeking to hire a pool of companies that can help it use satellite data for its forecasting and modeling operations.
Businesses facing termination need to meet their deadlines, scrutinize SBA’s calculations, and preserve their right to appeal, writes Stephen Bacon, an attorney with the law firm Rogers Joseph O’Donnell.
Defenders of the small business contracting initiative say it enables rapid procurement, can meet administration priorities and the administration is overstating fraud concerns.