Close X
Attorney Spotlight

How did an interest in healthcare policy lead Robert Platt to a career in the law? Find out more>

Search

Close X

Experience

Search our Experience

Experience Spotlight

Envision to Sell to KKR for $9.9 Billion

We represented Envision Healthcare Corporation (NYSE: EVHC) in its definitive agreement to sell to KKR in an all-cash transaction for $9.9 billion, including debt. KKR will pay $46 per Envision share in cash to buy the company, marking a 32 percent premium to the company's volume-weighted average share price from November 1, when Envision announced it was considering its options. The transaction is expected to close the fourth quarter of 2018. Read more


Envision Healthcare

Close X

Thought Leadership

Enter your search terms in the relevant box(es) below to search for specific Thought Leadership.
To see a recent listing of Thought Leadership, click the blue Search button below.

Thought Leadership Spotlight

Six Things to Know Before Buying a Physician Practice spotlight

Dermatology, ophthalmology, radiology, urology…the list goes on. Yet, in any physician practice management transaction, there are six key considerations that apply and, if not carefully managed, can derail a transaction. Download the 6 Things to Know Before Buying a Physician Practice to keep your physician practice management transactions on track.

Click here to download the guide.

GovCon Blog: WOSBs Self-Certification Ending Soon

Publications

December 21, 2015

The NDAA of 2015 not only authorized sole source awards to WOSBs and EDWOSBs, it also eliminated WOSB and EDWOSB self-certification. The SBA, however, chose not to implement this section of the law in its sole source rule issued September 14, 2015 (see our blog post on SBA's rule here) due to the complexity of its implementation.

On December 18, 2015, the SBA issued an advanced notice of proposed rulemaking (ANPRM), inviting comments on the four methods of certification permitted by the NDAA: federal agency, state government, SBA, and national certifying entities approved by SBA. With regard to these methods, the SBA is seeking comments on the following:

(1) Whether each of the methods should be pursued;

(2) Concerns of feasibility regarding any of the methods;

(3) Possibility of a grace period for those who have self-certified to obtain approved certification; and

(4) What should become of the current WOSB repository.

Under SBA's current rules, businesses may self-certify after submitting required documents to the SBA repository or get certified by a third party provider. Currently, there are four third party entities that have been approved by the SBA to certify firms as WOSBs or EDWOSBs. The SBA is considering how many third party entities are necessary to process the certifications under the new rule and whether the cost to WOSBs and EDWOSBs should be taken into consideration in selecting third party certifiers.

The NDAA also permits states and federal agencies to act as certifiers. Under SBA's current rules, SBA may recognize state certified WOSBs for businesses owned and controlled by women and designated as Disadvantaged Business Entities (DBEs) under the Department of Transportation's DBE program. This is the only state certification currently recognized by SBA, and there currently does not exist any federal agency certification for WOSB and EDWOSBs.

SBA currently has two certification programs – 8(a) BD Program and HUBZone Program. Because the program requirements are similar, certification as an 8(a) BD Program Participant qualifies as WOSB or EDWOSB certification, if the business is clearly owned and controlled by one or more women. However, the requirements for qualification as a HUBZone SBC differ from the WOSB Program, and HUBZone SBC certification does not serve as evidence of a businesses' status as a WOSB or EDWOSB. As part of this proposed rule, SBA is considering a separate WOSB certification process, which requires consideration of a myriad of changes including: SBA’s limited resources, any rights of appeal, and overlap with the 8(a) BD Program.

Comments on the ANPRM will be accepted until February 16, 2016, but WOSBs and EDWOSBs who have relied on self-certification should prepare to transition to one of the four certification methods in the near future.

Read more about government contracts on www.bassberrygovcon.com.


Related Professionals

Related Services

Notice

Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.