Law360 Publishes Meghan Leemon’s Article on the Extension of SBA’s Bona Fide Place of Business Moratorium
Law360 recently published an article by Meghan Leemon , an attorney in the Government Contracts Group at PilieroMazza . In the Expert Analysis piece, titled “Benefits Of The Extended SBA Place Of Business Moratorium,” Meghan discusses the Small Business Administration’s extension of its moratorium on enforcement of the bona fide place of business requirement, giving small, disadvantaged businesses more time to participate in 8(a) construction projects without the need for an SBA-approved place of business. Please visit this link for the full article.
SBA Extends Bona Fide Place of Business Moratorium
Last August, PilieroMazza reported that Bibi Hidalgo, the Associate Administrator for SBA’s Office of Government Contracting and Business Development, announced that SBA will be suspending the bona fide place of business requirement for 8(a) construction contracts, effective immediately. While the Small Business Act requires that, to the “maximum extent practicable, construction subcontracts awarded by the Administration pursuant to this subsection shall be awarded within the county or state where the work is to be performed,” in light of the COVID-19 pandemic, it . . . Read More
Fraud Allegations Could Bedevil Borrowers in SBA COVID-19 Relief Programs for Many Years
As everyone who has been tracking the COVID-19 relief programs since 2020 knows, at the outset there was massive confusion about the programs’ requirements as well as fear that funding could run out before businesses with uncertain futures could secure assistance. Now, two years later, we have heard from numerous clients who have received notice that the Small Business Administration (SBA) intends to audit the Paycheck Protection Program (PPP) Loan or Economic Injury Disaster Loan (EIDL) applications, and even of . . . Read More
SBA Requests Comments on Potential Change in Size Standard for Resellers
On April 26, 2022, the U.S. Small Business Administration (SBA) issued a proposed rule regarding its small business size standards for federal contractors in manufacturing and other industries with employee-based size standards. Small business federal contractors should take note of the proposed changes and consider whether to address this proposal by submitting a public comment by the June 27 deadline. SBA’s proposals include potential increases in the size standards for 150 industries. These include the size standard for surgical appliance and supplies manufacturing . . . Read More
SBA Increases Its Size Standards, Opening More Opportunities for Winning Government Contracts
The long-awaited increase to size standards by the Small Business Administration (SBA) has arrived. On March 31, 2022, SBA issued four final rules that increase the small business size standards for a number of industries. As a result, many businesses will gain eligibility for federal small business assistance programs or retain eligibility for a longer period. These programs include SBA’s business loan programs, Economic Injury Disaster Loan (EIDL) program, and federal procurement programs that provide targeted, set-aside opportunities for small . . . Read More
SBA Recertifications and Their Impact on Small Business
Changes to SBA Rules
SBA HUBZone “Legacy Employee” Grace Period Ends: 3 Changes Affecting Recertification in 2022
As part of sweeping changes to the HUBZone rules in the 2019 Final Rule , SBA implemented the so-called HUBZone “legacy employee” rule. This new rule was welcomed by HUBZone firms because it permits them to continue counting an employee as a HUBZone employee even after the employee moves out of a HUBZone, as long as certain requirements are satisfied. Specifically, to qualify as a HUBZone legacy employee, the rule requires that an employee (i) reside in a HUBZone for at least 180 . . . Read More
SBA Regulatory Updates
SBA Awards $1.1 Million to Support Native American-Owned Small Businesses
Isabella Casillas Guzman of the U.S. Small Business Administration (SBA) announced on December 15, 2021, that SBA’s Office of Native American Affairs awarded $1.1 million in grants and contracts to seven entities which will provide business development services, management, and technical assistance to Native American-owned small businesses across the country. This monetary investment is a step in the right direction to help native-owned, small-business government contractors gain access to contracting opportunities. Ms. Guzman stated that “[n]ative-owned small businesses are vital to our shared economic . . . Read More