CPAs and Advisors with Your Growth in Mind

SBA Final Rules on Subcontracting Limitations and More

By: John N. Ford, JD ; Senior Consultant  On May 31, 2016, the U.S. Small Business Administration (“SBA”) issued its long-awaited final rule that implements certain small business-related provisions of the National Defense Authorization Act of 2013 (“NDAA”). The final rule includes key changes in the Limitations on Subcontracting regulation. In most cases, the final rule was adopted with little or no changes to the provisions of the proposed rule issued on December 29, 2014. However, in response to public comments on the proposed rule, SBA made important changes, including amendments regarding subcontractors that qualify as “similarly situated” for purposes of the limitations on. Read More.

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Improvements to Subcontracting

On July 14, 2016, the Federal Acquisition Regulatory Council published a final rule in Federal Acquisition Circular 2005-89, effective November 16, 2016, intended to improve subcontracting with small business concerns. The new rule implements sections 1321 and 1322 of the Small Business Jobs Act of 2010. Under section 1321, the Federal Acquisition Regulation (“FAR”) was to be amended “to establish a policy on, subcontracting compliance relating to small business concerns.” Thus, the new rule makes many FAR provisions relating to subcontracting with small business concerns. We will not discuss all the changes here, but will highlight those that have a. Read More.

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