Federal Acquisition Regulation; Sole Source Contracts for Women-Owned Small Businesses

DoD, GSA, and NASA have adopted as final, with a minor edit, an interim rule amending the Federal Acquisition Regulation (FAR) to implement regulatory changes made by the Small Business Administration (SBA) that provide for authority to award sole source contracts to economically disadvantaged women-owned small business concerns and to women-owned small business concerns eligible under the Women-Owned Small Business (WOSB) Program.

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SBA Small Business Size Revisions

Did you know the impacts resulting from small business size standards revisions?  For example, SBA estimates that more than 8,400 additional businesses will gain small business status under the adjusted size standards and become eligible for SBA's financial and federal government procurement programs.  These changes can possibly lead to $150 million to $200 million in additional federal contracts and 80 additional loans, totaling about $30 million, to small businesses.  For more information about SBA's revisions to its small business size standards, refer to "What's New with Size Standards" on SBA's Web site at http://www.sba.gov/size

DoD Provides Cyber Security Grace Period For Contractors

Department of Defense (DoD) provides government contractors a grace period for compliance with key cybersecurity requirements.  While DoD contractors should appreciate the much needed breathing room the amended interim rule permits, they should avoid procrastination and use this time to align their practices - to the best of their ability - with NIST SP 800-171.  What's more, and in line with many of the NIST's standards, defense contractors also need to ensure they stay flexible.  As the interim rule reflects, this is by no means a "one and done" rule - contractors should expect, and be ready to adopt and adapt to, changes and additional DoD guidance as the NIST security controls find their way into common practice.  Change is a constant in the world of cybersecurity and for more information, visit http://www.governmentcontractslawblog.com/2016/01/articles/dfars/department-of-defense-provides-government-contractors-a-grace-period-for-compliance-with-key-cybersecurity-requirements/