On Nov. 8, the Small Business Administration (SBA) published a proposed rule that makes significant revisions to its mentor-protégé program (MPP). This proposed rule marks the most significant revision of the program since its inception in 2016. The mission of the MPP is to help build a broad base of emerging business enterprises capable of performing high quality construction at competitive prices. The proposed rule would have significant implications for the government contracting community.
- Merging the 8(a) MPP into the All Small MPP;
- Limiting the size of mentors to only those firms having an average annual revenue of less than $100 million;
- Replacing the “three in two” rule, which limits a joint venture to three contracts with a two-year time period when joint ventures can submit bids; and
- Allowing prime contractors to rely on self-certification of its subcontractor.
AGC will continue to monitor this development.
If you would like to suggest comments on the proposed rule by the January 17, 2020 deadline, contact Jordan Howard at email@example.com or (703) 837-5368.