The Small Business Administration has proposed to amend joint venture requirements and subcontracting limit calculations for federal contract work, Federal News Radio reported Monday.
Jason Miller writes the agency issued the proposal to implement small business contracting provisions found in the National Defense Authorization Act of 2013.
SBA wants to allow JVs between small companies to bid for any government acquisition program with the intent to boost contractor partnerships and participation in government projects.
Another policy would impose a certain percentage for the amount that can be awarded to subcontractors in set-aside procurement contracts.
The agency also seeks to clarify its method for determining whether a vendor will remain under the small business category year over year, according to the station.
Public comments on the proposed revisions will be accepted until Feb. 27.