The SBA’s new “small business mentor-protégé program” is causing quite a stir. As we covered yesterday, the new final rule opens the door for all small businesses (not just those in the 8(a) program) to receive assistance from large business mentors – and more importantly – to form mentor-protégé joint ventures to compete for
Mentor-Protege Joint Venture
SBA Final Rule Creates New “Small Business Mentor-Protégé Program”
The future is now for government contractors. A new Small Business Administration (SBA) regulation finalizes the long-anticipated expansion of the small business mentor-protégé program. This major policy shift vastly expands access to set-aside contracts previously reserved for performance only by small businesses. Government contractors – both small and large – need to create a…
SBA: No Set-Aside Contract For Lapsed Small Business Joint Venture
The Small Business Administration recently denied an appeal by a disqualified joint venture on a small business set-aside contract. The SBA found that — even though the JV was able to show evidence of an SBA-approved mentor-protégé agreement — the agreement was expired at the time the JV bid for the contract. The lack of…