News & Analysis as of

Small Business Certifications

Davis Wright Tremaine LLP

SBA Will Pause Certification Applications During Website Maintenance

On August 1, 2024, the Small Business Administration (SBA) will temporarily stop accepting applications for small-business certifications while it upgrades the certify.sba.gov website. This will affect new applications and...more

Potomac Law Group, PLLC

Women Business Enterprise (WBE) Certification – What is it and how do you apply?

If you are a woman who owns and manages a business in the United States, you may be interested in applying for Women Business Enterprise (WBE) certification. ...more

Whitcomb Selinsky, PC

Verndari, Inc. Appeals SBA's Denial of SDVOSB Certification

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On July 5, 2023, Verndari, Inc. filed an appeal to the Small Business Administration after their certification as a Service-Disabled Veteran-Owned Small Business (SDVOSB) was denied. The SBA's decision was based on their...more

Woods Rogers

Defense Department’s Proposed CMMC Rule Will Impose New Cybersecurity Requirements on Contractors

Woods Rogers on

The U.S. Department of Defense (DoD) released a proposed rule to implement its Cybersecurity Maturity Model Certification (CMMC) program, which would establish a comprehensive set of cybersecurity requirements applicable to...more

Davis Wright Tremaine LLP

OMWBE Announces New Public Works Small Business Enterprise Certification

Recent changes in legislation regarding Washington's Small Works Roster laws have resulted in new "PWSBE" certification - Recent changes in legislation regarding Washington's Small Works Roster laws have resulted in a new...more

Maynard Nexsen

SDVOSB Self-Certification Grace Period to Expire: Submit Applications by Dec 31 To Remain Eligible While Applications are Pending

Maynard Nexsen on

The 2023 clock is winding down, meaning some folks are planning New Year's Eve parties, and others are googling the lyrics to Auld Lang Syne. For service-disabled veteran-owned small businesses ("SDVOSB"), the end of the...more

Maynard Nexsen

Recent FCA Settlement Highlights Small Business Certification Issues in Private Equity Transactions

Maynard Nexsen on

The Department of Justice ("DOJ") recently announced a $1.75 million false claims settlement with a contractor that "improperly obtained government contracts that were set-aside for small businesses." The DOJ settlement...more

Bass, Berry & Sims PLC

Final Rule Makes Host of Changes to SBA Regulations

Bass, Berry & Sims PLC on

On April 27, the Small Business Administration (SBA) issued a final rule which, effective May 30, will make a number of changes to the SBA regulations impacting small businesses. The regulations, finalizing the proposed rule...more

Foley & Lardner LLP

Preparing for New SBA Certification Requirements for Veteran-Owned and Service-Disabled Veteran-Owned Small Businesses

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On November 29, 2022, the Small Business Administration (SBA) published a Final Rule, requiring all Veteran-Owned Small Business Concerns (VOSBs) and Service-Disabled Veteran-Owned Small Business Concerns (SDVOSBs) to obtain...more

Snell & Wilmer

Small Business Administration Issues Rule Requiring Formal Veteran-Owned Small Business Certification for Federal Contract Set...

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On November 28, the Small Business Administration (SBA) finalized a rule that requires veteran-owned small businesses (VOSBs) and service-disabled veteran-owned small businesses (SDVOSBs) to obtain formal SBA certification to...more

Bass, Berry & Sims PLC

Proposed Rule for DBE Program Comes as Infrastructure Money Begins to Flow

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The Infrastructure Investment and Jobs Act (IIJA) is a historic investment in our nation’s roads, bridges, railways, airports and transportation systems. The bill appropriates $550 billion to physical infrastructure projects,...more

Chambliss, Bahner & Stophel, P.C.

SBA Discontinues Reliance on Loan Necessity Questionnaires

On July 29, 2021, the Department of the Treasury published updates to its Paycheck Protection Program FAQs. The updates come in response to the Small Business Administration’s (SBA) decision to discontinue the use of its Loan...more

Schwabe, Williamson & Wyatt PC

10 Things to Know about Second Draw PPP Loans as Updated for the Economic Aid Act and the ARP Act - Update #5

On January 6, 2021, the Small Business Administration (the “SBA”) and the Department of Treasury released an Interim Final Rule called “Business Loan Program Temporary Changes; Paycheck Protection Second Draw Loans” (“Second...more

Schwabe, Williamson & Wyatt PC

What to Know about the Paycheck Protection Program, Round Two - Update

Unpacking the Economic Aid Act: Consolidated First Draw PPP Interim Final Rule, New First Draw PPP Loans, and Increases to First Draw PPP Loans (January 14, 2021) - Late on January 6, 2021, the Small Business...more

Morrison & Foerster LLP - Government...

8(A): The Small Business Administration’s Program For Socially & Economically Disadvantaged Businesses (Guide 3 Of 4)

SBA’S 8(A) BUSINESS DEVELOPMENT PROGRAM- WHAT IS THE 8(A) PROGRAM AND WHAT IS IT INTENDED TO DO? The 8(a) program, officially designated the 8(a) Business Development program, is designed to assist small...more

Morrison & Foerster LLP - Government...

Small Business Administration (SBA) Programs (Guide 2 Of 4)

Many government programs exist to help small businesses—especially minority-owned small businesses—secure a foothold in government contracting. Read on to learn more about some common programs, the basic eligibility...more

Schwabe, Williamson & Wyatt PC

Updated Key Considerations for PPP Documentation under the Economic Aid Act

Borrowers under the Small Business Administration’s (the “SBA”) Paycheck Protection Program (“PPP”) are required to either maintain or submit to lenders and the SBA certain documentation associated with their application for...more

Schwabe, Williamson & Wyatt PC

What to Know about the Paycheck Protection Program, Round Two

Unpacking the Economic Aid Act: Consolidated First Draw PPP Interim Final Rule, New First Draw PPP Loans, and Increases to First Draw PPP Loans (January 14, 2021) - Late on January 6, 2021, the Small Business...more

Hinshaw & Culbertson LLP

SBA Issues FAQ on Questionnaires for PPP Loans in Excess of $2 Million

Hinshaw & Culbertson LLP on

In November 2020, the Small Business Administration (SBA) issued for comment two questionnaire forms, which would need to be provided by Paycheck Protection Program (PPP) lenders to PPP borrowers who, together with their...more

Schwabe, Williamson & Wyatt PC

Key Considerations for PPP Documentation - Update #4

Borrowers under the Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”) are required to either maintain or submit to lenders and the SBA certain documentation associated with their application for and...more

Perkins Coie

SBA Questions Borrowers About the Necessity of Their PPP Loans

Perkins Coie on

Over the course of the last week, the Small Business Administration (SBA) has reportedly begun quietly questioning borrowers who had received Paycheck Protection Program (PPP) loans about the “necessity” of their loans. On...more

Parker Poe Adams & Bernstein LLP

SBA Releases Long-Awaited Guidance on M&A Rules for Paycheck Protection Program Borrowers

The Small Business Administration (SBA) recently released a procedural notice concerning when a borrower of a Paycheck Protection Program (PPP) loan may forgo SBA approval in connection with a merger or acquisition. The...more

Williams Mullen

Williams Mullen's COVID-19 Comeback Plan: Part II – Doing Business With the Commonwealth of Virginia

Williams Mullen on

In the second installment of the “Doing Business With the Commonwealth of Virginia” video series, the Hon. David Albo, chair of the Government Relations Group; Elizabeth Rafferty,* Director of Government Relations; and Bob...more

Sheppard Mullin Richter & Hampton LLP

Women-Owned Small Business Self-Certification Ends October 15, 2020 When SBA Begins Requiring Formal Government-Issued Or...

Beginning October 15, 2020, the U.S. Small Business Administration (“SBA”), implementing the 2015 National Defense Authorization Act (“NDAA”), will begin requiring women-owned small businesses (“WOSBs”) and economically...more

Fox Rothschild LLP

Contractor Alert: Mandatory WOSB Certification Deadline Pending

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The Small Business Administration (SBA) finally put an end to self-certifications for the Woman-Owned Small Business Program (WOSB). Starting now and continuing through October 15, 2020, federal contractors that want to...more

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