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Targeted News Service

Targeted News Service provides Washington Bureau coverage, federal contract and contracting information for awards and for subcontracting opportunities, a congressional vote chart, federal and congressional press releases. ....

United States , Brent Lillard , Govsmart Inc , Small Business Administration Historically Underutilized Zone , Sba Hubzone Program , House Small Business Subcommittee ,

Targeted News Service

Targeted News Service provides Washington Bureau coverage, federal contract and contracting information for awards and for subcontracting opportunities, a congressional vote chart, federal and congressional press releases. ....

United States , Shirley Bailey , Summit Federal Services , Small Business Administration Historically Underutilized Zone , Sba Hubzone Program , House Small Business Subcommittee ,

SBA Pivots to Say HUBZone Firms in Redesignated QDA Cannot Maintain 10-Year Principle Office Eligibility Through Long-Term Investment | PilieroMazza PLLC

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In January, we issued a client alert discussing how HUBZone firms in redesignated areas could plan to maintain their HUBZone status after the end of 2021. One of the primary strategies we discussed in the client alert was based on Small Business Administration (SBA) guidance about long-term investments in qualified disaster areas (QDAs). At the time, based on SBA guidance, we understood that HUBZone firms located in redesignated areas could qualify their current HUBZone principal office location as HUBZone eligible for at least the next 10 years as long as they entered into a long-term lease or bought its building before the firm’s annual HUBZone recertification in 2021. This guidance, which SBA first issued last October, hinged on whether the redesignated area was also a QDA. While SBA does not permit firms to take advantage of the new 10-year investment rule in a redesignated area, SBA’s guidance indicated that ....

Small Business Administration , Sba Hubzone Program , ஸ்ப ஹப்ஸோன் ப்ரோக்ர்யாம் ,

Weekly Update for Government Contractors and Commercial Businesses – February 2021 #4 | PilieroMazza PLLC

On February 10, 2021, the Small Business Administration (SBA) announced new policy changes to the Paycheck Protection Program (PPP) meant to address an ongoing issue loan applicants face regarding validation error codes. These error codes serve as validation checks to combat fraud and prevent improper loans from being issued to ineligible businesses. However, many eligible businesses have received such error codes during the application and forgiveness process, delaying necessary economic relief.
SBA’s new changes grant additional authorities to lenders for borrowers experiencing validation error code challenges. Read more here.
The First 100 Days: President Biden’s Buy American Executive Order, What Government Contractors Need to Know, February 11, 2021, Jackie Unger and Anna Sullivan ....

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8(A): The Small Business Administration's Program For Socially & Economically Disadvantaged Businesses (Guide 3 Of 4) | Morrison & Foerster LLP - Government Contracts Insights

What is the 8(a) program and what is it intended to do?
The 8(a) program, officially designated the 8(a) Business Development program, is designed to assist small minority-owned businesses compete in the wider American economy. See 13 C.F.R. Part 124
Do I Qualify? Eligibility checklist (get a preliminary assessment at SBA’s Certify website)
Be a small business (see below)
Not already have participated in the 8(a) program
Be at least 51 percent
owned and controlled by U.S. citizens who are economically and socially disadvantaged (see below)
Have one or more disadvantaged individuals manage day-to-day operations and also make long-term decisions (see below regarding negative control) ....

United States , Morrison Foerster Llp , Principal Office , Community Development Corporation , Sba Hubzone Program , Morrison Foerster , Business Development , Hubzone Program , Black Americans , Hispanic Americans , Native Americans , Asian Pacific Americans , Subcontinent Asian Americans , Minority Owners , Native Hawaiian , Alaska Native Corporations , Native Hawaiian Organizations , ஒன்றுபட்டது மாநிலங்களில் , மோரிசன் போஎர்ஸ்தேற் ல்ப் , ப்ரிந்ஸிபல் அலுவலகம் , சமூக வளர்ச்சி நிறுவனம் , ஸ்ப ஹப்ஸோன் ப்ரோக்ர்யாம் , மோரிசன் போஎர்ஸ்தேற் , வணிக வளர்ச்சி , ஹப்ஸோன் ப்ரோக்ர்யாம் , கருப்பு அமெரிக்கர்கள் ,