Wealth & FinanceSource: blogs.usfcr.com
SBA final rule removes race-based presumption from 8(a) social disadvantage standard
A final SBA rule revised the 8(a) program so individually owned applicants no longer receive a race-based presumption of social disadvantage. Applicants now must provide evidence of discriminatory policy or practice, self-certify group membership, and show material harm.
- sba
- 8a program
- federal contracting
- policy