Creating More Small Business Contracting Opportunities

Law360, New York (May 30, 2012, 1:05 PM EDT) -- On May 16, 2012, the Small Business Administration issued a proposed rule implementing portions of the Small Business Jobs Act of 2010. See 77 FR 29130-29165 (May 16, 2012). The lengthy rule covers many areas of the regulations governing small business contracting, with a particular focus on multiple-award contracts. The proposed changes will impact virtually every small business government contractor. Comments are due on or before July 16, 2012.

While the rule covers many topics, several notable highlights include the following:

Set-Asides, Partial Set-Asides and Reserves...
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