SBA announces moratorium on bona fide place of business requirements for the 8(a) Business Development Program

WASHINGTON – The U.S. Small Business Administration announced a moratorium on the requirement that participants in SBA’s 8(a) Business Development Program must establish a bona fide place of business in a specific geographic area in order to be awarded any construction contract through the 8(a) Program due to the ongoing challenges of COVID-19. The moratorium, effective Aug. 25, applies to all 8(a) construction contracts offered to the 8(a) Program between Aug. 25 and Sept. 30, 2022.“The SBA is committed to finding innovative ways to assist small businesses, particularly small disadvantaged businesses that have been historically underserved,” Bibi Hidalgo, Associate Administrator for SBA’s Office of Government Contracting and Business Development, said. “This change
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