James Boland and Taylor Hillman published "Congressional, Executive, and Legal Developments for Government Contractors to Consider" in the November 2019 edition of the Government Contracting Law Report. The following is an excerpt:
The U.S. Small Business Administration ("SBA") has finally issued a proposed rule in response to the 2018 Small Business Runway Extension Act, which increased the time period over which receipts are averaged for purposes of calculating a concern's size from three years to five. The proposed rule specifies that it will go into effect only after the effective date of a final rule, confirming SBA's intention to continue to apply the three-year averaging period to any certification submitted prior to the effective date of the final rule.