Notice Regarding DLA Contract Payments and DIBBS Payment Terms

Effective November 15, 2019, DLA will transition from a 15-day accelerated payment for small businesses to payment within 30 days for contracts with payment terms of 30 days.

Also on November 15, 2019, for all vendors, DIBBS will no longer accept a quote with the payment terms of Net 10 in accordance with DLAD 32.904 (b)(1)(S-90) (Revised on October 11, 2019 through PROCLTR 19-19). The web quote form will no longer provide this option in the Prompt Payment Discount Terms drop down. Batch/EDI will now return an error for field 25 when using a value of “15” representing Net 10 payment terms so please select a difference valid value. For those that have set the default value on DIBBS to Net 10 it will be reset to Net 30. If you wish to default to one of the other valid values (Net 30, 2%, 10 days, 1/2%, 20 days, 1/2%10days, or 1/4% 20 days), then you must access your profile and change your default to a valid value.

For assistance with this matter please contact Jean Polka at jeanp@wispro.org or 920-285-4442.

Small Business Size Standards: Calculation of Annual Average Receipts

Effective January 6, 2020.The U.S. Small Business Administration (SBA or Agency) is modifying its method for calculating average annual receipts used to prescribe size standards for small businesses. Specifically, in accordance with the Small Business Runway Extension Act of 2018, SBA is changing its regulations on the calculation of average annual receipts for all of SBA’s receipts-based size standards, and for other agencies’ proposed receipts-based size standards, from a 3-year averaging period to a 5-year averaging period, outside of the SBA Business Loan and Disaster Loan Programs.  https://www.federalregister.gov/documents/2019/12/05/2019-26041/small-business-size-standards-calculation-of-annual-average-receipts

Sam.gov notices

ALERT: SAM.gov will be down for scheduled maintenance Saturday, 12/14/2019, from 8:00 AM to 3:00 PM

ALERT: A December 6th change to TLS Cipher Suites could impact browsers and web clients. System-to-System users should contact FSD for details.