This blog was originally posted on 11/16/2016 and updated 4/22/2020.
On March 30, 2020, a new amendment to the Federal Acquisition Regulation (FAR) that could significantly impact federal contractors and the small and diverse businesses within their supply chains went into effect. The new rule, FAC 2020-05, updates and clarifies regulations regarding set-aside orders under multiple-award contracts.
What does this mean for you? Let's start with a quick refresher on the FAR as a whole and then take a look at two other updates.Read More