TBA Law Blog


Posted by: Julia Wilburn on Nov 5, 2024

The Small Business Administration (SBA) has proposed a new rule to increase federal contracting opportunities for small businesses by expanding the “rule of two” to multiple-award contracts. This rule mandates that agencies set aside contracts for small businesses if two or more can provide competitive bids. Business Journals reports that, if adopted, the SBA estimates this change could unlock up to $6 billion annually in federal spending for small businesses. The SBA has been actively expanding support for small businesses through increased certification, expanded loan programs, and reforms to make loans more accessible, aiming to foster growth and inclusivity in federal contracting and financing.