News & Analysis as of

Small Business Reporting Requirements Federal Acquisition Regulations (FAR)

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – July 2025 #3

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UPDATE: Let Your Voice be Heard: Congress Wants to Hear from Small Business Government Contractors - The House Small Business Subcommittee on Contracting and Infrastructure hearing titled “Leveling the Playing Field:...more

Blank Rome LLP

President Trump Signs New Executive Order: “Implementing the President’s ‘Department of Government Efficiency’ Cost Efficiency...

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On February 26, 2025, President Trump signed an Executive Order (“EO”) that states that it “commences a transformation in Federal spending on contracts, grants, and loans to ensure Government spending is transparent and...more

Schwabe, Williamson & Wyatt PC

SBA Proposes Faster Payments and Simplified Reporting

On December 19, the Small Business Administration published proposed amendments to 13 CFR § 125.3 that would affect small business subcontracting. Their goal is to accelerate payments to small business subcontractors and...more

PilieroMazza PLLC

Navigating the FAR/DFARS: The Most Confusing and Little Known Clauses

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We have fielded numerous calls from new clients asking the same question when it turns out they have violated a FAR provision: “Do they really expect me to read all of those regulations? How is someone supposed to understand...more

Miller Canfield

New Corporate Transparency Act Will Impose Beneficial Ownership Reporting Requirements on Many Companies, Particularly Small...

Miller Canfield on

The Corporate Transparency Act (CTA), part of the 2021 National Defense Authorization Act enacted into law on January 1, 2021, will impose new beneficial ownership reporting requirements on many companies. The stated purposes...more

Holland & Knight LLP

Small Businesses: Why and How to Set-up or Enhance Your Ethics and Compliance Program

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It's been ten years since the Federal Acquisition Regulation (FAR) was amended to require government contractors to have a business ethics and compliance program – that's right, it's a requirement in every government contract...more

Bradley Arant Boult Cummings LLP

Inside New FAR Rule On Untimely Payments To Subcontractors

New changes to the Federal Acquisition Regulation impose mandatory reporting requirements on federal prime contractors who fail to make full and timely payments to their small business subcontractors. Although little more...more

McCarter & English, LLP

New FAR Changes Incentivize Prime Contractors Not to Be Deadbeats in Meeting Their Payment Obligations to Their Small Business...

One common complaint we hear from our subcontractor clients is “HOW CAN WE GET PAID????” Our experience has shown that whether through inadvertence, lack of subcontract management resources – or even as a predatory business...more

Holland & Knight LLP

DoD's New Cybersecurity and Cloud Standards and Reporting Requirements

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The Department of Defense (DoD) released interim rules implementing provisions of the 2013 and 2015 National Defense Authorization Acts. The rules, released on Aug. 26, 2015, are effective immediately and establish the...more

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