Is your company owned under an employee stock ownership plan? If so, you need to know what’s new from the Department of Defense ― a pilot program allowing contracting officers to award sole-source follow-on contracts to contractors owned 100% by an ESOP. Although sole-source awards already exist for certain small businesses, this program marks the... Read More
Category: Posts by Gloria
SBA Revises Standards for Contracting, Loan Programs
There’s good news for small businesses that want to become further entrenched ― and those that simply want to gain entry ― in the government contracting fray as the COVID-19 pandemic moves toward the endemic phase: The U.S. Small Business Administration is updating its approach on size standards for companies to bid on government contracts.... Read More
GSA Announces Process Regarding Inflation-related Price Increases
General Services Administration (GSA) made the following announcement regarding inflationary price increases, effective through September 30, 2022: “…Jeff Koses, GSA’s Senior Procurement Executive, and Mark Lee, Assistant Commissioner for FAS Office of Policy and Compliance, jointly issued GSA Acquisition Letter MV-22-02 (https://www.gsa.gov/cdnstatic/MV-22-02.pdf) on March 17, 2022. This Acquisition Letter places a temporary moratorium on a... Read More
Has the Federal 8a Program Worked for Your Business?
Here’s a question for those of you who work in small businesses that are owned by a socially- and/or economically disadvantaged individual or individuals: Has your company ever looked into acquiring an 8(a) Business Development Certification? If so, you’ll want to read on, but be forewarned that you might not like what’s discussed herein. To... Read More