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The Flood Gates Are Opened: SBA’s Mentor-Protégé Program Expands to All Small Business Concerns

Client Alert | less than 1 min read | 07.22.16

On July 25, 2016, SBA will publish its final rule, effective 30 days from publication, establishing a mentor-protégé program for all small business concerns, which will be separate from, but similar to, SBA’s current 8(a) Business Development program. As we will elaborate on further next week in a blog and a webinar thereafter, the government-wide program will significantly expand the pool of companies that can qualify as protégés and for which mentors have unique investment and joint venture opportunities to leverage on set-aside procurements.

Insights

Client Alert | 7 min read | 11.02.26

DOL Finalizes PBM Fee Disclosure Requirements

On October 29, 2026, the U.S. Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) issued a 350-page final rule requiring providers of pharmacy benefit management services and their affiliated brokers and consultants to disclose fees and compensation received to fiduciaries of covered large, self-insured ERISA group health plans. According to DOL’s accompanying fact sheet, the disclosures will give employers more visibility into the payments PBMs may receive from various sources and help fiduciaries evaluate and monitor arrangements over time. ...