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Proposed Rule For Women-Owned Small Business Set-Asides

Client Alert | less than 1 min read | 03.11.10

On March 2, 2010, the SBA issued a proposed rule, with comments due in sixty days, aimed at implementing the statutory goal that 5% of federal contracting dollars go to women-owned small businesses ("WOSBs"). This rule provides for set-aside procurements for contracts under certain dollar thresholds ($5 million for manufacturing contracts and $3 million for other contracts) for WOSBs in the 83 identified industries in which they are underrepresented, a significant increase from the 4 industries identified in the 2008 proposed rule.

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Client Alert | 10 min read | 03.16.26

Eight Takeaways After Seven Weeks of OFAC’s Six, wait Seven, New and Updated General Licenses for Venezuela

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued six new general licenses, and updated a seventh that allow for many activities related to: the export of Venezuelan oil and petrochemical products from Venezuela; the exploration, development, and production of oil, gas, and petrochemical products in Venezuela; the generation, transmission, storage, or distribution of electricity in Venezuela; the export to Venezuela of U.S.-origin diluents; negotiating for investment in the oil, gas, petrochemical, and electricity sectors in Venezuela; and the export of Venezuelan gold....