Yesterday, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced that the moratorium on the 8(a) Business Development Program’s Bona Fide Place of Business (BFPOB) requirement will be extended through Sept. 30, 2025, for small disadvantaged businesses (SDBs).
During the moratorium, any program participant seeking an 8(a) construction contract (either on a sole source or competitive basis) will not be required to have or establish a bona fide place of business in any specific geographic location. This modification has made it easier for SDBs to become eligible for 8(a) construction contract awards and has allowed federal agencies to increase construction procurement opportunities with SDBs across the country – especially in rural and remote areas like Alaska with population densities lower than the national average.
You can view the full announcement here: