Late last year, the U.S. Small Business Administration (SBA) issued a lengthy final rule that made changes to various SBA regulations. While the SBA highlighted its changes to the Mentor-Protégé ...
The U.S. Small Business Administration (SBA) recently promulgated a final rule addressing past performance ratings for small business joint venture members and small business first-tier subcontractors ...
Historically, small contractors in the construction business have found it difficult to break into the federal market not because of a lack of skill or knowledge, but because they could not ...
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, ...
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 ...
Construction projects today are growing in complexity as labor shortages, supply chain issues, and rising costs persist. As a result of unpredictable risk exposures like these, surety bonds continue ...
Subcontractors introduce significant risks to extended supply chains. Hiring companies need direct visibility and oversight to protect their operations. A strong subcontractor risk management program ...
Delivering a construction project involves a complex network of moving parts, with owners, general contractors and project management teams working in tandem. When it comes to high-risk activities, ...