July 2019

SBA Increase Threshold for Small Business Qualification

The SBA is raising the minimum size for engineering, construction and other companies to be classified as \”small\”. By doing so, it\’s expected the number of firms eligible for SBA Loans and set-aside contracts will increase. The thresholds will rise by about 8% from the current levels. The new standards will take effect on August […]

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CHANGES ARE COMING – WHAT YOU NEED TO KNOW TO MEET FLORIDA’S NEW PRIVATE PROJECT PAYMENT BOND CLAIM REQUIREMENTS

Jimerson Birr Law Firm (www.jimersonfirm.com) had a great article on their blog regarding upcoming changes to Florida\’s Private Project Payment Bond Claim Requirements. According to the article \”All Florida construction industry participants need to be aware of the significant new changes to the payment bond claim requirements on private projects under section 713.23, Florida Statutes,

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