On May 11, 2020 the U.S. Small Business Administration (SBA) published a Final Rule in the Federal Register. Although the focus of the Final Rule is primarily on the WOSB/EDWOSB certification process/requirements (which we will discuss later in this post), there were a few major changes which also directly affect and in our opinion, have a significant impact on 8(a) eligibility requirements for individual-owned companies.
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SBA FINAL RULE: CHANGES TO ECONOMIC DISADVANTAGE REQUIREMENT FOR 8(A) ELIGIBILITY (INDIVIDUAL-OWNED COMPANIES) AND NEW REQUIREMENTS FOR WOSB/EDWOSB CERTIFICATION
Holomua Consulting Group's Comments On The SBA's Proposed Rule on Sole Source Contracts to WOSB/EDWOSB
As we previously reported in our May 4, 2015 Blog Post, the SBA issued a Proposed Rule on May 1, 2015 implementing those provisions of the 2015 NDAA which provide for sole source contracting opportunities for Women-Owned Small Businesses (WOSB) and Economically Disadvantaged Women-Owned Small Businesses (EDWOSB). Comments in responses to this Proposed Rule were due June 30, 2015.