The Small Business Administration has proposed the most sweeping changes to the small business regulation in years. As reported in the December 29th Federal Register the SBA is proposing changes in the Limitation on Subcontracting, affiliation, joint venture and recertification rules. The most significant proposed changes are summarized below.
Currently, recipients of a small business set-aside service contract must perform at least 50% of the costs incurred for personnel with their own employees. (The requirement is 15% for construction and 25% for specialty construction) When the new rule is adopted, the small business …read more
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