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DON’T Team With a Large Business Until You Hear This—Most Get SBA Rules Completely Wrong

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Manage episode 494972778 series 3558822
Content provided by Eric Coffie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Eric Coffie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, we've distilled the essence of an insightful conversation that sheds light on the intricacies of SBA regulatory compliance, subcontracting, and potential pitfalls to watch out for.

Our guest, who brings over a decade of expertise, advises caution when small businesses seek assistance from larger counterparts. It's crucial not to assume that the large business fully comprehends the complexities of SBA regulations. From misinterpretations to misinformed presentations, there's a lot at stake. However, the stakes are higher for small businesses working with large contractors on prime sub-level projects, especially in set-aside scenarios. The focus shifts to "ostensible subcontractor affiliation" and "undue reliance." The former pertains to specific procurement affiliation, attaching only to the project in question, while the latter concerns the reliance on the capabilities of the subcontractor.

So, if you're a small business eyeing collaborations with larger contractors or a large contractor seeking to partner with small businesses, this episode is a goldmine of practical insights. Join us in unraveling the nuances of these collaborations and discover how to make them mutually beneficial without falling into the regulatory traps.

  continue reading

513 episodes

Artwork
iconShare
 
Manage episode 494972778 series 3558822
Content provided by Eric Coffie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Eric Coffie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, we've distilled the essence of an insightful conversation that sheds light on the intricacies of SBA regulatory compliance, subcontracting, and potential pitfalls to watch out for.

Our guest, who brings over a decade of expertise, advises caution when small businesses seek assistance from larger counterparts. It's crucial not to assume that the large business fully comprehends the complexities of SBA regulations. From misinterpretations to misinformed presentations, there's a lot at stake. However, the stakes are higher for small businesses working with large contractors on prime sub-level projects, especially in set-aside scenarios. The focus shifts to "ostensible subcontractor affiliation" and "undue reliance." The former pertains to specific procurement affiliation, attaching only to the project in question, while the latter concerns the reliance on the capabilities of the subcontractor.

So, if you're a small business eyeing collaborations with larger contractors or a large contractor seeking to partner with small businesses, this episode is a goldmine of practical insights. Join us in unraveling the nuances of these collaborations and discover how to make them mutually beneficial without falling into the regulatory traps.

  continue reading

513 episodes

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