Tag: small business

SBA’s New Mentor-Protégé Program Webinar

Posted on by Andria Hine

AGC Provides More Information on SBA’s new Mentor-Protégé Program
Thursday, Oct. 6 | 2:00-3:30 p.m. EDT

The federal construction contracting marketplace faces the potential for a dramatic change, whether your company is a small business or not, as a result of new U.S. Small Business Administration (SBA) rule on an expanded mentor-protégé program for small businesses. Register now for a complimentary webinar for AGC members to learn about what all federal contractors—big and small—need to know about the new SBA mentor-protégé program & other small business changes. These new regulations expand the SBA’s Mentor-Protégé Program to all small businesses. This will translate into more opportunities for large and small construction contractors to form joint ventures and bid on small business set-aside work. Topics explained:

  • The Potential Impacts of this New Program on Federal Contracting and Your Construction Business;
  • Basics of the New SBA Mentor Protégé Program;
  • What Contractors Should Know Before Participating in the New SBA Mentor Protégé Program;
  • How will SBA Handle Applications for the New Mentor Protégé Program; and
  • The Changes to Small Business Subcontracting Plans and its Impact on Large and Small Businesses.+

The SBA will begin accepting applications for the All Small Mentor Protégé Program on October 1. To read AGC’s analysis of the rule click here.

For more information, contact jordan.howard@agc.org or (703) 837-5368.

Final Rule Standardizes Small Business Self-Performance Requirements

Posted on by Andria Hine

A new rule by the Small Business Administration makes several changes to small business contracting regulations. These changes, set to go into effect June 30, are aimed at increasing small-business competition and enabling small businesses to potentially obtain larger contracts without increasing compliance costs. In April, AGC submitted comments on the proposed rule.

Notably, the rule standardizes subcontracting limits for small-business set-aside contracts under $150,000 by limiting the percentage of a contract award that can be spent on subcontractors. For general construction contracts, no more than 85 percent of the contract award may be paid to subcontractors, and for specialty trade construction, the percentage must not be greater than 75 percent. This subcontracting limit will specifically exclude subcontractors that are “similarly situated” to small-business prime contractors as long as the subcontractors perform the subcontracted work and do not pass it along to a larger, secondary subcontractor.

The rule also allows a joint venture to qualify as a small business and compete for government contracts as long as each individual entity in the joint venture qualifies individually as a small business under the NAICS code assigned to the procurement.

For more information, please contact Brynn Huneke at (703) 837-5376.