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Loan & Distribution Specialist AimPoint Pension
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Congress Makes 100% ESOPs Eligible for Small Business Set-Asides
National Center for Employee Ownership [NCEO] Jan. 4, 2022 "The National Defense Authorization Act, signed into law by President Biden on December 27 ... creates a Department of Defense pilot program that would allow companies that are or become 100% ESOP-owned to receive noncompete follow-on contracts for the work, even if they no longer meet applicable small business or other set-aside requirements.... The program will run for five years, and the [GAO] is required to provide an assessment of it within three years of the program's enactment." |
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