Business development success is a combination of best practices and the right mindset working together and achieving repeatable success. Here are seven principles you need to know.
Learn to make smarter proposal decisions and streamline your proposal process in the latest issue of FedHealthIT magazine. In his article titled, 5 Steps to Prepare for Late Summer Proposals, Jeff Shen (Vice President of Red Team) discusses what you can do to better prepare yourself and […]
Much of GSA’s improvements to the largest, most widely used acquisition vehicle in government are a result of customer feedback.
The rule implements provisions of the Small Business Jobs Act of 2010 (PL 111-240) and the National Defense Authorization Act for Fiscal Year 2013 (PL 112-239). The major parts of the rule address SBA’s mentor-protégé program and SBA’s treatment of joint ventures. Section 1641 of the NDAA authorized SBA to establish a mentor-protégé program for all small business concerns that is similar to the existing mentor-protégé program for participants in the 8(a) Business Development program.
The U.S. Small Business Administration (SBA) amended its regulations last week to implement provisions of the Small Business Jobs Act of 2010 (takes awhile to go from statute to regulation, it seems) and the 2013 NDAA (National Defense Authorization Act). The new rule establishes a Government-wide mentor-protege program for all small business concerns, similar to the SBA’s own mentor-protege program for participants in SBA’s 8(a) business development program.
There are many opportunities for small businesses considering work in the federal market, but they come with risks and rewards. When properly navigated, the federal contracting market is a very exciting and lucrative market to enter as long as businesses are aware of the uniqueness to the industry and make an educated decision to pursue work in this space.
Iraq and Afghanistan continue to be cesspools of Government contracting. Urgent requirements, huge amounts of money, and lax oversight contribute to an endless parade of contractors, subcontractors, and their employees engaged in or accused of fraud, waste, and abuse. Its a feeding frenzy over there. Many workers see what’s going on, notice huge risk/reward imbalances and decide to get a piece of the action.
On July 25, 2016, the SBA published its final rule establishing a government-wide mentor-protégé program for the benefit of all small businesses as protégés. This widely-anticipated rule, implementing provisions of the Small Business Jobs Act of 2010 and the National Defense Authorization Act for Fiscal Year 2013, provides increased opportunity for small and large businesses to partner with one another. Effective August 24, 2016, this new program is expected to unleash a flood of new mentor-protégé agreements (MPAs) as well as joint ventures eligible to compete on set-aside procurements, and it could likely result in an increase in the number of set-aside procurements.
In this second part of our blog series about the July 25, 2016 SBA final rule implementing numerous changes to multiple SBA regulations and establishing a new small business Mentor-Protégé Program (SB MPP), we address how such implementation impacts the parallel 8(a) Business Development mentor-protégé program (8(a) MPP). As the final rule points out, the 8(a) MPP will remain intact; however, the SBA has made several changes to the regulations governing that program, which largely represent the SBA’s efforts to harmonize the two programs. The paragraphs below discuss some of these changes, including those impacting the requirements for entry, ongoing reviews and terminations, and reporting obligations.