Search Results for keywords:"impact on small businesses"

The Defense Acquisition Regulations System of the Department of Defense has proposed a revision and extension of a collection of information under the Paperwork Reduction Act, and they have submitted it to the Office of Management and Budget (OMB) for clearance. The information is collected to ensure the security of information technology and to assist with telecommunications services contracts. Comments on this proposal can be submitted until February 12, 2021. The collection involves approximately 820 respondents who are estimated to provide around 5,932 responses annually, with an average response time of 0.5 hours per response.

The U.S. Consumer Product Safety Commission has finalized a rule requiring electronic filing (eFiling) of certificates for imported consumer goods that need to comply with safety regulations. This rule aims to improve the efficiency of inspections and reduce port delays by using certificate data to better identify potentially harmful products. Companies will need to upload product details using the CPSC's Product Registry or similar systems, and they will have an 18- to 24-month window to implement these changes, depending on the type of import. The rule will impact both domestic and import businesses, but the CPSC estimates limited financial burden on small firms due to the structured roll-out period and digital solutions available.

The Committee for Purchase From People Who Are Blind or Severely Disabled has announced the removal of certain products from the Procurement List. These products, once provided by nonprofit agencies employing individuals with severe disabilities, are no longer considered suitable for government procurement. The items being deleted include specific socks and coats used for extreme cold or chemical protection. This decision, effective on May 18, 2025, is not expected to significantly impact small businesses, and it may allow other small entities to supply these products in the future.