Recent developments in government contracting include the Small Business Administration’s new framework for establishing social disadvantage under the Section 8(a) Business Development Program, a Government Accountability Office decision requiring the US Army to permit small business teaming under its Marketplace for the Acquisition of Professional Services procurement, Department of War efforts to simplify contractor accounting requirements, and the Financial Crimes Enforcement Network’s final rollback of Corporate Transparency Act reporting requirements.
Morgan Lewis Government Contractor Guidebook
YOUR GUIDE TO THE ISSUES THAT MATTER TO GOVERNMENT CONTRACTORS
Recent developments in government contracting highlight continued regulatory modernization, evolving artificial intelligence policy, and bid protest guidance on small business participation requirements. The latest updates include changes to the Cost Accounting Standards (CAS), a new executive order directing agencies to design a voluntary framework for federal engagement with developers of covered frontier models, and a Government Accountability Office (GAO) decision addressing how agencies calculate small business participation under solicitation requirements.