JDSupra: SBA Issues sweeping regulatory changes in Mentor-Protégé Program

“The Small Business Administration (SBA) recently published a much-anticipated final rule on a series of important regulatory amendments, including the:

  • Consolidation of the 8(a) Business Development (BD) Mentor-Protégé Program and the All Small Mentor-Protégé Program;
  • Elimination of the requirement that 8(a) participants seeking to be awarded an 8(a) contract as a joint venture (JV) submit the JV agreement to the SBA for review and approval prior to contract award;
  • Elimination of the so-called “three in two rule;” and
  • Requirement that a business concern recertify its size and/or socioeconomic status for all set-aside orders under unrestricted multiple award contracts.

Major highlights of this 222-page final rule — which was issued in response to President Trump’s “government-wide regulation reform initiative” — are discussed…” Read the full article here.

Source: SBA Issues Sweeping Regulatory Changes in Response to Presidential Initiative – By Bradley Arant Boult, October 20, 2020. JDSupra.

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