Jenner & Block

Client Alert: Small Business Opportunities and Risks Contained in the 2013 Defense Authorization Act

On January 2, 2013, the President signed the Defense Authorization Act (NDAA).  As passed by the House of Representatives, the NDAA included more than a dozen provisions related to small businesses.  Although few survived into the final bill, the adopted provisions continue a pattern of expanded opportunity for small business along with harsher penalties for misrepresentation of size status and failure to follow small business regulations. Overall, the NDAA provides a mixed bag of small business reforms.  The article, written by Partner Les Lepow and Associate Damien C. Specht, addresses both the opportunities and the risks for small businesses.