VB CGC Practice Group

VB CGC Practice Group
Vandeventer Black's Construction and Government Contracts Practice Group focuses on serving our business clients in the construction industry. We currently have offices in Norfolk and Richmond, VA, the OBX and Raleigh, NC, and Hamburg, Germany. For more information about Vandeventer Black, clink on the VB logo.

Thursday, November 3, 2011

New Set Aside Rule for Multiple Award TO/DOs for Small Businesses

A new rule now authorized federal agencies to set aside task and delivery orders placed against multiple award contracts.  The new rule also allows agencies to reserve for small businesses one or more multiple award contracts, as well as parts of those orders.  The new rule further directs contracting officers to modify multiple award contracts that have been in effect for at least six months and that haven not had substantial amounts of work done or orders remaining to allow for the set asides. The rule was issued on an interim basis to meet the one year deadline in the Small Business Jobs Act, Section 1331, which was signed last year. The SBA is currently drafting a proposed rule with additional details on implementation.  Here's a link to the interim rule:

http://www.ofr.gov/OFRUpload/OFRData/2011-27786_PI.pdf

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