When sellers in Colorado execute a business sale and purchase agreements or share and purchase agreements, there are certain key aspects that they must pay special attention to. Each sales contract may have different nuances but attorneys for each side will want to conduct their due diligence and understand the primary concerns… Read more »
Effective June 30, 2016, the Small Business Administration (SBA subcontracting) changed some of the key points in the limitations on subcontracting clauses for small business set-aside contracts. Failure to properly assess compliance could potentially cost you the contract in a bid protest or even cause your company to be subject… Read more »
National Defense Authorization Act of 2013 and the New Final Rule in 13 CFR 121.404. Are you a small business that has recently sold, merged or been acquired by another entity? New promulgations of the federal rules may impact when you have to recertify your business’s size. SBA determines the… Read more »
In federal government contracting to have a minority-owned business enterprise (MBE) can have its advantages. However, there are strict guidelines to follow with minority-owned business government contracts. There are also severe consequences for not following SBA minority-owned business certification rules. Many people make the mistake of believing that the only… Read more »
The Colorado Limited Liability Company Act has a wealth of information related to operating LLC’s. However, the following are only but a few of the basics that business owners should know. Without proper formation or compliance with Colorado LLC Laws, your personal assets can be exposed to creditors There is… Read more »
The McNamara O’Hara Service Contract Act (SCA Government Contracts) mandates that federal contractors and subcontractors performing services on prime contracts in excess of $2,500 must pay service employees in various classes no less than the wage rates and SCA fringe benefits found prevailing in that specific locality, or the rates… Read more »
Small businesses involved in government contracting find themselves excluded from opportunities because of FAR sole source justification contracts. Government contract law allows federal agencies the opportunity to award sole source contracts, so long as the explanation is reasonable and does not violate other regulations. Do Government Sole Source Contracting Justifications Violate… Read more »
When it comes to federal contracting, there are several government programs to help small businesses succeed in the procurement market. Despite the high demand for getting into these government programs, there is still a requirement to plan carefully and develop a sound roadmap to become successful. What Are Some of… Read more »
Be aware of the various legal nuances that can cost you the contract. Independent Government Contractor agreements in federal contracting have vastly different legal issues. Not only do the parties have to very careful at the bidding stages; they also have regulated approaches to subcontracts during the performance stage.Government contracts should… Read more »
SBA size determination protests and disputes about the Ostensible Subcontractor Rule are continuously litigated. Many companies are still unclear about how the SBA evaluates the various aspects of the relationship between participating firms. Simply choosing to submit a teaming partner or subcontractor in your bid is not the end of… Read more »