Culver Business Finance


Advocacy Submits Comments on Atlantic Herring Specifications

On December 15, 2009, posted in: SBA by admin | Comments Off

On November 10, 2009, the Office of Advocacy submitted a letter to the National Oceanic and Atmospheric Administration regarding the specifications for the Atlantic herring fishery.

On October 28, 2009, the United States Small Business Administration published a proposal to make changes to the regulations governing the 8(a) Business Development (8(a) BD) and Small Disadvantaged Business (SDB) programs, and to the U.S. Small Business Administration’s (SBA or Agency) size regulations.
There are six proposed changes to SBA’s size regulations, two dealing with mentor/protege´ situations, one amending requirements for joint ventures, one clarifying how a procurement should be classified, one further explaining the nonmanufacturer rule, and one relating to who may request a formal size determination. The remaining proposed changes are to the regulations governing SBA’s 8(a) BD and SDB programs. Comments are due no later than December 28, 2009.

The U.S. economic recovery began in the third quarter of 2009 as real GDP grew an annualized 3.5 percent; however, the unemployment rate rose to 9.8 percent in September. These and other trends can be found in the latest update to the Quarterly Indicators: The Economy and Small Business.