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SBA Size Standards Revised To Cap Number Of Employees

Client Alert | less than 1 min read | 04.18.04

The SBA has proposed major revisions to its size standard for determining eligibility for qualification as a small business concern, with comments due by May 18, 2004. Among other changes, the newly proposed size standard are generally stated in terms of the maximum numbers of employees of the concern, but for some industries there is a cap on the average annual receipts as well.

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Client Alert | 1 min read | 04.18.24

GSA Clarifies Permissibility of Upfront Payments for Software-as-a-Service Offerings

On March 15, 2024, the General Services Administration (GSA) issued Acquisition Letter MV-2024-01 providing guidance to GSA contracting officers on the use of upfront payments for acquisitions of cloud-based Software-as-a-Service (SaaS).  Specifically, this acquisition letter clarifies that despite statutory prohibitions against the use of “advance” payments outside of narrowly-prescribed circumstances, upfront payments for SaaS licenses do not constitute an “advance” payment subject to these restrictions when made under the following conditions:...