Proposed Rule Addresses Credit for Lower-Tier Small Business Subcontracting

A proposed rule would amend the FAR to align with SBA's new regulations regarding credit for lower-tier small business subcontracting. The FY2014 NDAA amended the Small Business Act to provide that, where a prime contractor has an individual subcontracting plan for a contract with a single executive agency, the prime contractor shall receive credit towards its subcontracting goals for awards made to small business concerns at any tier by subcontractors with individual subcontracting plans.