Source: Maine SBDC What’s the big change? Starting in 2022, third-party settlement organizations (TPSOs) must report any income you receive “for goods and services in excess of $600” to the IRS. Prior to the bill, these processing platforms only reported … Read More
By: GCAP Advisor James Chestnut In a recent interaction with a client both of us determined that their product, trophies and plaques, was not conducive with Government contracting in general. In doing a deeper dive into their business we did … Read More
When I meet with clients I always advise them to focus on one or two key agencies and then keep up with what they are planning in the future. For those of you doing business with the Department of Defense … Read More
WASHINGTON – The U.S. Small Business Administration today published in the Federal Register a final rule to modify its method for calculating annual revenues used to prescribe size standards for small businesses. The final rule is effective Jan. 6, 2020. … Read More
By Aaron Boyd, Senior Editor, NEXGOV https://www.nextgov.com/analytics-data/2019/03/federal-contractor-numbering-system-gets-first-new-managing-vendor-after-20-years/155678 March 19, 2019 A new vendor is taking over management of the vendor verification system run through the General Services Administration, ending a 20-year dynasty for the company that established the Data Universal … Read More
Direct your clients to GSA’s MAS Roadmap GSA’s website is full of information about the contract award process, but interviews with vendors tell us many find the Federal Acquisition Service’s (FAS) pages jargon-heavy and hard to navigate, with information not … Read More
By Nimasheena N. Burns, Director Communications and Project Management, NC Department of Military and Veterans Affairs The North Carolina Defense Industry Diversification Initiative (NC DIDI) is excited to announce the launch of the initiatives mapping survey for the state’s defense … Read More
Public comments sought regarding regulations to repeal, replace, or modify On August 15, 2017, the US Small Business Administration (SBA) released a request for information (“RFI”) www.gpo.gov/fdsys/pkg/FR-2017-08-15/pdf/2017-17176.pdf seeking input from the public as to which SBA regulations should be repealed, … Read More
Release Date: Thursday, April 28, 2016 Contact: Tiffani S. Clements (202) 401-0035 Internet Address: http://www.sba.gov/news Three Federal Agencies Receive A+ Rating on Procurement Scorecard WASHINGTON – The U.S. Small Business Administration today released its annual Small Business Procurement Scorecards, which provide … Read More
By David L. Hayden, Of Counsel at Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, LLPEffective December 31, 2015, contracting officers can make sole source awards to Women-Owned Small Businesses (WOSBs) and Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs). See FAR 19.1506.
