[Federal Register Volume 88, Number 87 (Friday, May 5, 2023)]
[Rules and Regulations]
[Page 28985]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-09590]



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 Rules and Regulations
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  Federal Register / Vol. 88, No. 87 / Friday, May 5, 2023 / Rules and 
Regulations  

[[Page 28985]]



SMALL BUSINESS ADMINISTRATION

13 CFR Parts 121, 124, 125, 126, and 127

RIN 3245-AH70


Ownership and Control and Contractual Assistance Requirements for 
the 8(a) Business Development Program; Correction

AGENCY: U.S. Small Business Administration.

ACTION: Final rule; correction.

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SUMMARY: The U.S. Small Business Administration (SBA or Agency) is 
correcting a final rule in the Federal Register on April 27, 2023. The 
rule made several changes to the ownership and control requirements for 
the 8(a) Business Development (BD) program, several changes relating to 
8(a) contracts, and several revisions to incorporate changes to SBA's 
other government contracting programs. This correction fixes a citation 
error contained in the April 27th final rule.

DATES: Effective May 30, 2023.

FOR FURTHER INFORMATION CONTACT: Mark Hagedorn, U.S. Small Business 
Administration, Office of General Counsel, 409 Third Street SW, 
Washington, DC 20416; (202) 205-7625; [email protected].

SUPPLEMENTARY INFORMATION: In FR Doc. 2023-07855 appearing on page 
26164 in the Federal Register on Thursday, April 27, 2023 (88 FR 
26164), the following correction is made:


Sec.  124.509  [Corrected]

0
1. On page 26208, in the second column, in Sec.  124.509, paragraph 
(c)(1) is corrected to read as follows:
    ``(c) * * *
    (1) As part of its annual review after being admitted to the 8(a) 
BD program, a Participant must provide to SBA within 30 days from the 
end of its program year:
    (i) Annual financial statements with a breakdown of 8(a) and non-
8(a) revenue in accord with Sec.  124.602; and
    (ii) An estimate of 8(a) and non-8(a) revenue derived during the 
program year, which may be obtained from monthly, quarterly or semi-
annual interim financial statements or otherwise.''

Larry Stubblefield,
Acting Associate Administrator, for Government Contracting and Business 
Development.
[FR Doc. 2023-09590 Filed 5-4-23; 8:45 am]
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