Roadblocks Inherent to the Public Procurement Process for Minority-Owned Businesses (Guide 1 of 4)
- In the next four posts, we will share guides specific to federal contracting as a minority-owned small business. Minority-owned businesses often face unique challenges in the public procurement process due to systemic barriers embedded in the process. These barriers affect minority-owned business at all... ›
The Economic Aid Act and a Second Round of PPP Loans
By: Tina D. Reynolds and Damien C. Specht
The Consolidated Appropriations Act of 2021, which became law on December 27, 2020, includes a second round of stimulus funding in the form of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act(the “Economic Aid Act”). Among many other measures, the Economic... ›CIO-SP4 Draft RFP Implications for JV/Partnerships
By: Tyler J. Sewell, Damien C. Specht and James A. Tucker
The National Institute for Health Information Technology Acquisition and Assessment Center (NITAAC) released its draft request for proposals (the “Draft RFP”) for the new $40 billion Chief Information Officer-Solutions and Partners 4 (CIO-SP4) Government-Wide Acquisition Contract (GWAC) (succeeding the popular CIO-SP3) earlier this year.... ›New Small Business Rules: 8(a) Program
By: Damien C. Specht and Alissandra Young McCann
As we recently discussed, the U.S. Small Business Administration (SBA) has published a long-awaited rule that made important changes to numerous small business contracting programs and the rules Federal agencies must follow when contracting with small businesses. These changes went into effect on November... ›Small Business Participation In Government Contracts: Why It’s Important, How To Qualify, Benefits To Enjoy, And Traps To Avoid
By: Tina D. Reynolds, Victoria Dalcourt Angle and Roke Iko
In fiscal year 2019, federal agencies awarded $132.9 billion in contracts to small businesses. This is a reflection of policy goals, as Congress and federal agencies have long worked to provide business opportunities to small business concerns through federal contracts and subcontracts. The Federal... ›New Small Business Rules: Capabilities of Small Business Joint Venture Members and First-Tier Subcontractors
By: Damien C. Specht and James A. Tucker
As we recently discussed, the U.S. Small Business Administration (SBA) has published a long-awaited rule that made important changes to numerous small business contracting programs and the rules Federal agencies must follow when contracting with small businesses. These changes will go into effect on... ›SBA Issues Wide-Ranging Final Rule Addressing Government Contracting Programs
By: Damien C. Specht and James A. Tucker
The Small Business Administration (SBA) today issued a significant final rule addressing numerous issues of interest to Federal contractors. With one exception, the rule will take effect on November 16, 2020. We anticipate addressing the more important changes in greater detail in the coming... ›PPP Loan Forgiveness Checklist
By: Damien C. Specht and Alissandra Young McCann
The Paycheck Protection Program (PPP), which is part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, provides aid to qualifying small businesses in the form of loans with terms favorable to borrowers, including, in particular, provisions that allow potentially the entire loan amount... ›SBA Issues Promised Appeals Procedures for PPP Loan Review Decisions
By: Damien C. Specht and Alissandra Young McCann
As we previously reported , when the Small Business Administration (SBA) issued its first Interim Final Rule on SBA Loan Review Procedures and Related Borrower and Lender Responsibilities back in May, [1] SBA explained that it could review a borrower’s Paycheck Protection Program (PPP)... ›SBA’s Implementation of the Paycheck Protection Program Flexibility Act in Wave of New Rules and Application Forms
By: Tina D. Reynolds, Damien C. Specht and Alissandra Young McCann
As we previously reported , the Paycheck Protection Program Flexibility Act (“PPP Flexibility Act”) became law earlier this month, introducing numerous changes to the Paycheck Protection Program (PPP). The PPP, which is part of the CARES Act, [1] provides aid to qualifying small businesses... ›