Think You Know SBA Rules? Think Again.

In today's episode, we dive into the intricate world of government contracts and the surprising challenges faced by companies trying to make their mark in this space. Our guest, Adam Lasky, a seasoned government contracts attorney at Seyfarth Shaw LLP, takes us through the maze of regulations and common misconceptions that entrepreneurs often stumble upon. Adam brings to light the misconception surrounding creating new entities for federal contracting. It's not as simple as it seems. Affiliation and size calculations are critical factors that many businesses overlook. Our guest emphasizes how often construction companies, in particular, set up separate entities without fully grasping the affiliation rules. He walks us through the complexities of status-based designations like 8(a) or SDVOSB, and how these don't automatically carry over to subsidiaries. Adam also sheds light on the unique role of the Small Business Administration (SBA), which stands out as an agency willing to provide valuable guidance amidst a sea of complex government regulations. Join us for this informative episode where we break down the challenges faced by businesses stepping into the government contracting arena.