Search Results for keywords:"National Defense Authorization Acts"

Defense Department (DoD), General Services Administration (GSA), and NASA have finalized a rule, unchanged from its interim version, to align with the Small Business Administration's (SBA) regulations. This rule implements certain sections of the National Defense Authorization Acts for Fiscal Years 2021 and 2022, creating a certification program for service-disabled veteran-owned small businesses (SDVOSBs). From January 1, 2024, it requires SDVOSBs to be certified by the SBA to qualify for certain contracts, offering a one-year grace period for those who applied for certification before the end of 2023. The rule addresses public comments but makes no significant changes and aims to transition smoothly from the VA’s previous program with minimal impact on current participants.

The Department of Defense (DoD) has issued a final rule amending the Defense Federal Acquisition Regulation Supplement (DFARS) to redefine the term "material weakness" for evaluating contractor business systems. This term replaces "significant deficiency" and aligns with generally accepted auditing standards. The rule aims to provide clearer guidance for identifying and addressing deficiencies, thereby improving oversight of contractor business systems. The regulation impacts various contracting processes but does not add new compliance requirements for small businesses or contracts below certain thresholds.