For decades, the Rule of Two in government contracting required federal agencies to set aside contracts for small businesses if they reasonably expected at least two small businesses to submit offers at fair market prices. But the recent Federal Acquisition Regulation Overhaul process has placed into question whether the Rule of Two will continue to exist at all. At the same time, the Small Business Administration has been trying to push the Rule of Two into all task orders, thus expanding the Rule of Two.
This presentation will explain the Rule of Two, its development over the decades, proposed changes to the Rule of Two, and what lawyers and clients need to know to adjust to those changes going forward.
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