Update Your 8(a) Joint Venture Agreements Now: SBA Issues New Rule
By EsqSocial Corporation 20/12/24
The Small Business Administration (“SBA”) published a final rule on Oct. 16, which became effective on Nov. 16, consolidating the 8(a) Business Development Mentor-Protégé Program and the All Small Mentor-Protégé Program. The SBA made several key changes that immediately affect joint ventures seeking small business set aside contracts. Specifically, the SBA made two significant changes to two of the mandatory reporting provisions required in each small business joint venture agreement: (1)...
By: Clark Hill PLC