Fact 4. The new “five-year” re-certification policy allows federal agencies to report billions of dollars earmarked for small businesses to large, multinational corporations until 2012.
Proof - Noted federal contracting expert Professor Charles Tiefer of the University of Baltimore School Of Law, issued an opinion on the loophole in the SBA's five-year re-certification plan. Tiefer concluded that the, “SBA's latest size standard regulations issued in mid-November will still result in the federal government reporting many of it's prime contracts performed by large businesses as small business contract awards for at least five more years to come.”
By the time the SBA's five-year re-certification policy goes into effect on June 30th, federal agencies and prime contractors will have had several months to enter into hundreds of long term contracts with hundreds of large businesses that will avoid any of the “triggering events.” Another loophole for big business created by SBA Administrator, Steven Preston.
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