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Source : Contractor News
August 15, 2022
Author : Patty Allen
The U.S. House of Representatives recently passed the National Defense Authorization Act for Fiscal Year 2023 (NDAA), which is a bipartisan defense bill.
It includes numerous measures to support small government contractors and boost small business participation in the procurement marketplace.
Chairwoman Nydia M. Velázquez (D-NY) explains that the, “The federal marketplace is filled with growth opportunities, and we can’t allow small businesses to be pushed out of this lucrative sector. Throughout the NDAA process, Committee members worked to include provisions that will make it easier for small businesses to contract with the federal government.”
Here is what it includes:
1. It makes sure that 10% of HUBZone Price Evaluation Preference applies to orders.
2. It creates a measure that allows small businesses participating in the 8(a) program to extend their participation for an additional year, if so desired.
3. It creates a reporting requirement for the Women-Owned Small Business (WOSB) Program, furthering transparency and accountability
4. It extends the deadline for the transfer of the certification process for veteran-owned small businesses (VOSB) and service-disabled veteran owned small businesses (SDVOSB) from the U.S. Department of Veteran Affairs (VA) to the Small Business Administration (SBA), ensuring a smooth and seamless transition.
5. It codifies the Scorecard in the Small Business Act and requires additional information to understand the extent to which the SBA contracting programs are being used.
6. It extends the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for a period of two years.