Your purchasing employees should know everything about Small Business Subcontracting rules and regulations that apply to their day-to-day job responsibilities. It’s essential to do so because otherwise, the lack of information can become a legal liability for your organization.
Small Business Subcontracting Rules
It is the policy of the United States that small business (SB), small disadvantaged business (SDB), women-owned small business (WOSB), veteran-owned small business (VOSB), service disabled veteran-owned small business (SDVOSB), and Historically Underutilized Business Zone small business concerns (HUBZone SB) shall have the maximum practicable opportunity (MPO) to participate in the performance of contracts awarded by any federal agency. Mid-tier and large size businesses are legally obligated to carry out this policy when awarding subcontracts to the fullest extent consistent with the efficient performance of their contracts. To ensure the execution of this policy, the federal government has put in place numerous regulatory requirements which Mid-tier and large business contractors must comply with.
Seek Professional Assistance
We recognize it can be overwhelming to understand all of the small business subcontracting regulations. However, that’s where SBLO2GO comes in. We’ll inform your purchasing employees of everything they should know about these rules and regulations. In this way, both you and your employees can ensure all the business operations are running smoothly.
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At SBLO2GO, we’re always at your beck and call to assist you in the best possible way. Take the first step and get in touch with us today.