The Defense Department, in partnership with the Small Business Administration, has issued licensees to the first group of investors through the Small Business Investment Company Critical Technology initiative, which will pour more than $2.8 billion into innovative startups and small businesses developing technologies deemed vital to national security. The first 13 licensed funds approved under […]
Ever wonder why some contractors consistently win federal contracts while others struggle to get a single award? The secret often lies in past performance; how much they and their ratings. The system that collects and houses that information is the Contractor Performance Assessment Reporting System, or CPARS. Ratings in this system can make or break […]
The California DOT (Caltrans) recently hit a record milestone: $15 billion in contracts under construction across the state. The state also reached a record 1,060 projects in progress across the state last month. A large percentage of these projects, according got Caltrans, are under $10 million for opportunities for smaller and disadvantaged companies to bid […]
The U.S. Small Business Administration (SBA) will be upgrading how its customers apply for and manage their federal contracting certifications. What do you need to know? SBA’s certification upgrade to the Certify.sba.gov portal will start sometime this fall. Initial certification applications will not be accepted during the upgrade period. The upgraded system is expected to […]
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 […]
On May 30, 2024, the U.S. Small Business Administration (SBA) Administrator issued a program update to firms participating in the Women-Owned Small Business Federal Contract Program (WOSB Program). The announcement provided SBA certified Woman-Owned Small Businesses (WOSB) and Economically Disadvantaged Women-Owned Small Businesses (EDWOSB) an additional year of eligibility to those firms whose three-year certification […]
As part of a May 16th update on the project that will rebuild the infrastructure that sends water from the Sacramento-San Joaquin Delta in Northern California to central and southern portions of the state, the California Department of Water Resources (DWR) reported that the estimated cost of the conveyance tunnel project is $20.1 billion, up […]
University of California Merced officials broke ground Tuesday on its new $300 million, four-story Medical Education Building at its Merced, California campus. Turner Construction Company, headquartered in New York City, announced earlier this year that it had been selected to serve as construction manager at risk (CMAR) for the 203,500-square-foot project. ZGF Architects, based in […]
SACRAMENTO, Calif. (AP) — Hammered by mounting pressure to address the growing homelessness crisis in California, Gov. Gavin Newsom announced Tuesday his administration will make $3.3 billion available ahead of schedule for counties and private developers to start building more behavioral health treatment centers as part of his efforts to fund housing and drug use […]
Cybercriminals are focused on ransomware, business email compromise and cryptojacking right now, but a recent report from IBM X-Force thinks AI and ChatGPT could be next. IBM X-Force hasn’t seen any AI-engineered campaigns, yet, but mentions of AI and ChatGPT are proliferating on the dark web. The X-Force Threat Intelligence Index 2024 report identified over 800,000 references […]