GSA Schedule holders must update by 3/31

      To be in full compliance with the GSA Schedules’ recent mass modification, the GSA is reminding all contractors that they must update their catalog in GSA Advantage, and update their price list (text file), by March 31.

      And there’s a reminder that they need approvals to finish the task: “Please remember that all catalog submissions must be approved by your CO, so plan accordingly,” GSA said in its GSA Interact notice.

      Failure to comply could lead to removal from GSA Advantage.

      The Price List (Text File) must be updated using the MAS Consolidation Price List Guide to organize offerings under the new SIN structure. Be sure to include product photos as well.

Read more at:
GSA Interact blog: https://bit.ly/36g9eRB

LPTA final rule

      The DOD, GSA and NASA published a final rule, effective Feb. 16, to implement the limitations on use of Lowest Price Technically Acceptable (LPTA) criteria in source selection for contracts.

      Congress approved the restrictions on the use of LPTA in the NDAA of 2019.

Read more:
Final rule: https://bit.ly/3ppEYv6

EIDL reopened with $10K grants for some

      The SBA is now accepting applications from small businesses for the second round of its pandemic-related EIDL loan program. It also is implementing a new COVID-19 EIDL Targeted Advance grants program offering $10,000 grants to eligible small firms.

      SBA says it is contacting all the companies eligible for the $10,000 grants and no grant applications are available.

      Companies that already received EIDL loans due to COVID-19 are not eligible for second-round EIDL loans, according to a report by CNBC.

Read more at:
SBA Guidance: https://bit.ly/3qQhC2f
CNBC report: https://cnb.cx/2Ye9YlW

Inside this edition:

Biden agenda gets boost

US CAPITOL UNDER SIEGE

Biden names Guzman to head SBA

Top 20 Small Business Federal Contracting Stories of 2020 - Pt II

Diversity EO suspended

H1-B visa ban extended

20 new Women's Business Centers

Column: A Letter to our Subscribers

Washington Insider:

Coronavirus Update