The U. S, Small Business Administration (SBA) is
amending its regulations governing small business subcontracting to implement provisions of the Small Business Jobs Act of 2010.
The new rules include:
- Prime Contractors are required to issue notices to contracting officers specifically when they are late in making payments to small business sub-contractors;
- Prime Contractors must notify contracting officers in writing if they do not use the contractor originally referenced in the submitted bid or proposal;
- Agency Contracting Officers must monitor the small business sub-contractors' plan performance more closely;
- Clarifications as to which subcontracts should be included or excluded in data reporting (specifically, Prime Contractors record should be limited to awards made to immediate next-tier subcontractors; credit cannot be taken for awards made beyond the immediate next-tier);
- Changes subcontracting plan thresholds and updates to the use of the electronic subcontracting reporting system (eSRS);
The new rule will be effective August 15, 2013.
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