SBA Expands Federal Contracting Opportunities for Small and Newer Businesses

There may be a new opportunity for small businesses to expand their book of business when it comes to their pursuit of federal contracts. In the summer of 2022, the Small Business Administration (SBA) released a final rule that may offer a wider range of opportunities for contractors to compete in federal construction procurement. While it has previously been challenging for smaller contractors to substantively break into the market, predominantly due to an inability to demonstrate past performance required by federal solicitations, this newly-minted rule should alleviate some of those burdens. Read more