The Small Business Administration (SBA) amended its regulations recently to incorporate provisions in the 2018 NDAA (National Defense Authorization Act). Among those provisions is a rule that takes effect next month relating to ownership requirements of HUBZone (Historically Underutilized Business Zone) businesses. The new regulations will allow indirect ownership by United States citizens.
Source: PNWC’s Government Contracting Update: Ownership Rules Relaxed on HUBZone Businesses
New Regulation Formalizes Ombudsman Practice and Identity for IDIQ Contracts
An ‘ombudsman’ is an official charged with addressing and/or investigating the interests of individuals’ or companies’