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Small Business Participation In Government Contracts: Why It’s Important, How To Qualify, Benefits To Enjoy, And Traps To Avoid

Thomson Reuters Briefing Papers

October 2020
This material from Briefing Papers has been reproduced with the permission of the publisher, Thomson Reuters.

The process of qualifying for these small business contract programs and of obtaining contracts reserved for small businesses can be somewhat complex. A maze of rules, including the Federal Acquisition Regulation (FAR), FAR contract clauses, and Small Business Administration (SBA) regulations and decisions, as well as SBA standard operating procedures and informal guidance are involved.

Morrison & Foerster co-chair and partner Tina Reynolds, along with associate Victoria Dalcourt Angle and law clerk Roke Iko, has written a Briefing Paper, published by Thomson Reuters, that is designed to help the reader understand the small business contracting process and to become familiar with specific small business programs. In addition, the article will provide a brief overview of some of the regulatory issues small businesses must navigate and highlight the benefits (and potential downsides) of small business contracting.

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