Buying or Selling a Small Business Government Contractor? Draft a Letter of Intent Carefully.
Source: JDSupra
Buying a small business government contractor may not be as simple as a standard acquisition. This is particularly true if the small business wants to continue to qualify for federal small business set-aside and sole-source awards during negotiations. The U.S. Small Business Administration (“SBA”) treats stock options, convertible securities, and agreements to merge (including agreements in principle), as having a “present effect” on the power to control a concern.
Click HERE to read the rest of the article.
Recent Posts
See AllSource: SmallGovCon SAM.gov, short for System for Award Management, is the entry point for federal contractors to interface with the government. So, it is a basic starting point for every federal cont
Source:National Law Review Making the decision to engage your business in government contracting at the local, state or national level can admittedly be overwhelming, particularly for those new to the
Source: ExecutiveGov How can the federal government support my business? Doing contract opportunities with the government can give a lot of benefits to any business. Here are several examples, to name