Government Contracting Blog

GSA MAS Consolidation is here, and GSA contractors are already feeling the effects. It is imperative that contractors are able to keep their schedule price lists up to date with new offerings, current pricing, accurate contact information, and more, especially during this time of disaster recovery purchases. Any of these updates that need to be made to your current MAS contract will have to go through the formal modification process, and that means using the new MAS modification process and templates.

On Monday, January 6th, 2020 the Small Business Administration's (SBA) final rule to implement a 2018 law took effect. The 2018 Small Business Runway Extension Act allows small businesses to calculate their revenue over 5 years instead of 3 years. The goal of this change is to allow more businesses to participate in small business set asides. This will allow the government to meet its goals for small business spending while allowing small businesses to better transition from small to large.

The U.S. Small Business Administration has just announced its findings on the Federal Government’s 2018 fiscal year, and it is great news for American small businesses. 2018 marks the 6th consecutive year the Federal Government has met their small business contracting goals. Not only did the federal government meet this goal in 2018, they surpassed it by $15 billion.