Joshua Duvall Quoted by Law360 on Recent OMB Guidance Impacting Small Business Contracting
Maynard Nexsen shareholder Joshua Duvall (Washington, D.C.) was quoted in Law360's article, "Biden's Small Biz Contract Plan In Need Of Definitive Regs." The Law360 article discusses a recent memorandum from the Office and Management and Budget ("OMB") that provides agency acquisition officers with guidance on increasing small businesses participation in the federal market through multiple-award government contracts, including changes to the small business "rule of two." As the article states, "[i]ntending to increase the number of small businesses in the federal supplier base and boost their access to federal contracting dollars, the [OMB] laid out six actions federal agencies should take[.]"
In discussing the recent OMB guidance and upcoming proposed regulatory amendments, Duvall covered a variety of issues relating to multiple award contracts and order procedures that could potentially stymie small business growth, saying that "[w]ithout any on-ramping procedures, a small business can be locked out of having the opportunity to compete as a prime contractor for five to eight years."
For a brief overview of OMB's recent guidance, click here.
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