A new Federal Acquisition Regulation (“FAR”) final rule that implements a section of the Small Business Jobs Act of 2010 requires certain prime contractors to “self-report” to their contracting ...

Small professional services and IT companies often help prime contractors prepare contract bids but then never receive the expected benefits of business. Nearly a third of 740 small firms said large ...

As of August 15, 2013, prime contractors on federal projects must take on increased responsibility and accountability for hiring small business subcontractors. The U.S. Small Business Association (SBA ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Many companies only vet and prequalify their prime contractors and suppliers, leaving subcontractors unchecked. This can lead to hidden risks due to a lack of visibility. Relying solely on prime ...

For most contractors, one of the biggest risk-management issues is getting paid. In today’s economic times, many lenders have been forced to foreclose on a loan made to a project owner or developer.

Selection of a contractor should be done carefully. There are many good contractors, but not all are the right fit for your project. Most owner-contractor relationships are long-term engagements that ...

The Small Business Administration will provide small businesses with new ways to show past performance ratings to compete for prime federal contracts starting Aug. 22, 2022. A new final rule, ...

A service-disabled veteran-owned small business contractor from Colorado and a woman-owned mapping technology company from Minnesota have been named the National Prime Contractor of the Year and ...

The U.S. Air Force has decided to wait until at least January 2008, to select the company that will build the military’s next generation of GPS navigation and timing satellites, according to a service ...