Small Business Administration preference programs can be vital for small businesses trying to compete in the potentially lucrative world of U.S. government contracting, but participation in these programs is not without risk. Indeed, the programs can be fraught with peril and contain many landmines for those who do not understand and diligently comply with applicable small business program requirements.
Small business contractors who are seeking to be compliant with their respective small business and set-aside program requirements can substantially mitigate their risk, of becoming the target of an IG or DOJ investigation or from giving a whistleblower an opportunity to bring an FCA action, by following some key guidelines.
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