Ownership and Control and Contractual Assistance Requirements for the 8(a) Business Development Program; Correction
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Issuing agencies
Abstract
The U.S. Small Business Administration (SBA or Agency) is correcting a final rule in the Federal Register on April 27, 2023. The rule made several changes to the ownership and control requirements for the 8(a) Business Development (BD) program, several changes relating to 8(a) contracts, and several revisions to incorporate changes to SBA's other government contracting programs. This correction fixes a citation error contained in the April 27th final rule.
Full Text
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<title>Federal Register, Volume 88 Issue 87 (Friday, May 5, 2023)</title>
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[Federal Register Volume 88, Number 87 (Friday, May 5, 2023)]
[Rules and Regulations]
[Page 28985]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-09590]
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Rules and Regulations
Federal Register
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having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
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Federal Register / Vol. 88, No. 87 / Friday, May 5, 2023 / Rules and
Regulations
[[Page 28985]]
SMALL BUSINESS ADMINISTRATION
13 CFR Parts 121, 124, 125, 126, and 127
RIN 3245-AH70
Ownership and Control and Contractual Assistance Requirements for
the 8(a) Business Development Program; Correction
AGENCY: U.S. Small Business Administration.
ACTION: Final rule; correction.
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SUMMARY: The U.S. Small Business Administration (SBA or Agency) is
correcting a final rule in the Federal Register on April 27, 2023. The
rule made several changes to the ownership and control requirements for
the 8(a) Business Development (BD) program, several changes relating to
8(a) contracts, and several revisions to incorporate changes to SBA's
other government contracting programs. This correction fixes a citation
error contained in the April 27th final rule.
DATES: Effective May 30, 2023.
FOR FURTHER INFORMATION CONTACT: Mark Hagedorn, U.S. Small Business
Administration, Office of General Counsel, 409 Third Street SW,
Washington, DC 20416; (202) 205-7625; <a href="/cdn-cgi/l/email-protection#264b47544d084e474143424954486655444708414950"><span class="__cf_email__" data-cfemail="c2afa3b0a9ecaaa3a5a7a6adb0ac82b1a0a3eca5adb4">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: In FR Doc. 2023-07855 appearing on page
26164 in the Federal Register on Thursday, April 27, 2023 (88 FR
26164), the following correction is made:
Sec. 124.509 [Corrected]
0
1. On page 26208, in the second column, in Sec. 124.509, paragraph
(c)(1) is corrected to read as follows:
``(c) * * *
(1) As part of its annual review after being admitted to the 8(a)
BD program, a Participant must provide to SBA within 30 days from the
end of its program year:
(i) Annual financial statements with a breakdown of 8(a) and non-
8(a) revenue in accord with Sec. 124.602; and
(ii) An estimate of 8(a) and non-8(a) revenue derived during the
program year, which may be obtained from monthly, quarterly or semi-
annual interim financial statements or otherwise.''
Larry Stubblefield,
Acting Associate Administrator, for Government Contracting and Business
Development.
[FR Doc. 2023-09590 Filed 5-4-23; 8:45 am]
BILLING CODE 8026-03-P
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