Compliance Stuff

Small Business Administration 13 CFR Parts 125 and 126 RIN 3245-AH68 AGENCY: U.S. Small Business Administration. ACTION: Correcting amendments. SUMMARY: The U.S. Small Business Administration (SBA) is correcting a final rule that was published in the Federal Register on December 17, 2024. The rule clarified and improved policies surrounding a comprehensive revision to the HUBZone Program regulations published in 2019, among other changes. This document is making several technical corrections to the final regulations. DATES: Effective June 4, 2025. FOR FURTHER INFORMATION CONTACT: Ali...

  The Small Business Administration ("SBA") recently issued a   proposed rule   that changes the effect of a concern's size recertification following mergers and acquisitions ("M&A") activity . Notably, the proposed rule is ostensibly an omnibus proposal as it covers a host of issues under SBA's socio-economic contracting programs. The proposed rule, for example, includes changes to SBA's negative control affiliation provisions ( discussed here ), joint venture rules, mentor-protégé rules, and others. Comments on the proposed rule are due on or before October 7, 2024. SBA's recertification rules have long been the subject of debate, particularly as it relates to eligibility after a concern recertifies as an "other than small business" following an M&A event. Under the current regulatory regime, a small business is generally considered small for the life of the contract, including for orders issued against a long-term contract. Thus,...