SBA will make sure that small means small
- By Gail R. Emery
- May 01, 2003
The Small Business Administration has issued a proposed rule that will require small businesses receiving schedule or multiple-award contracts to certify annually that they still meet SBA's size standard for a small business.
The proposed rule, published in the April 25 Federal Register, follows a comparable policy set by the White House in February. That policy directed agencies managing governmentwide acquisition contracts to require vendors to recertify their size and type of business annually.
Agencies had to add the recertification clause to contracts by April 1. To assure that agencies require the annual certifications, the Office of Management and Budget said its Office of Federal Procurement Policy would not renew agencies' executive GWAC designations if they failed to bring their contracts into compliance with the new policy.