Newsflash: 8(a) Income and Net Worth Eligibility Standards Increased – by Shane McCall, Koprince Law LLC

As of July 15, the initial caps on net worth, adjusted gross income, and fair market value of assets for the 8(a) program have gone up. The dollar amounts for initial 8(a) economic disadvantage eligibility have increased quite a bit, making more people economically eligible. Read on for the details on this change. We wrote … Read more

Contract Types Part 1 – Firm Fixed Price and Cost Reimbursement

There are many contract types and many paths to being a successful vendor. Today we will discuss the top contract types. Contract types are prescribed by Federal Acquisition Regulation or FAR Part 16, aptly titled Contract Types. The selection of a contract type requires negotiation and the exercise of good judgment. A contracting officer generally … Read more

Top Tips for Small Business Subcontracting

Your company may perform many commercial contracts that involve collaborating or subcontracting with another company. However, for your government contracts, the rules may be different. Once you enter the government marketplace, getting the job done may take some new strategies. What is subcontracting? When we hear the term “subcontract” or “subcontractor,” most of us think … Read more

FAR rule change clarifies that companies need to be registered in SAM *prior* to submitting an offer

A final rule was published in the Federal Register today, amending the Federal Acquisition Regulation (FAR) to update the instructions for registration in the System for Award Management (SAM) and clarify the timing of registration in SAM. The new rule, which is effective October 26, 2018, requires all offerors (except as provided at FAR 4.1102) to … Read more