Ms. Connor stated: "We represent government contractors of all sizes and in a variety of industries. Many of our clients, though, are small businesses directly impacted by the Small Business Runway Extension Act of 2018 (“Runway Extension Act”).
Our firm supports the Runway Extension Act and, specifically, changing how small businesses calculate their receipts from a three-year basis to a five-year basis. However, we believe that, in implementing this change, there are three issues that need to be addressed in order to avoid negative impacts on small businesses. First, small businesses deserve clarity as to the effective date of the change from three years to five years. Second, we strongly recommend a transition period during which firms that are small under a three-year calculation, but not small under a five-year calculation, are able to adjust to the marketplace. Third, the System for Award Management database must be updated to account for this change."
Click here to read Ms. Connor's written testimony. The hearing may be viewed here.
Jon Williams, partner in our Government Contracts and Small Business practice groups, will be the featured speaker at the SYNNEX Corporation’s Diversity Partner event in Charleston, SC on February 27, 2019. He will be providing an update on the Federal Small Business Programs discussing recent legislative and regulatory changes impacting government contractors.
February 11-13, 2019
Gaylord Opryland Hotel and Convention Center
Visit PilieroMazza at the TRIAD and 8(a) Association's Annual Small Business Conferences next week.
In the Exhibit Hall at Booth 503
TRIAD Breakout Session - Small Business Fables
Monday at 3:00 with Megan Connor
8(a) Breakout Session - Strategies for Growth: Acquiring a Small Business with Federal Contract Assets
Wednesday at 1:45 with Cy Alba