in ,

DOD Final Rule Reauthorizes Mentor-Protege Program

DOD Final Rule Reauthorizes Mentor-Protege Program - top government contractors - best government contracting event
Mentor-Protege Program

The Department of Defense has issued a final rule implementing a provision on the 2020 National Defense Authorization Act that reauthorizes and amends the Pentagon’s Mentor-Protege Program.

The new rule extends the date for entering into a mentor-protege agreement, shortens the program participation term, expands eligibility for protege companies and extends the reimbursement period for mentors, according to a Federal Register notice.

DOD also ruled to allow a mentor to receive credit toward the attainment of small business subcontracting goals until Sept. 30, 2026.

In addition, companies that do not exceed the size standard associated with their primary North American Industry Classification System code are made eligible to become proteges.

The Defense Federal Acquisition Regulation Supplement amendment will take effect on Oct. 24.

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Naomi Cooper

is a full-time writer for ArchIntel, a division of Executive Mosaic, and a contributor for ExecutiveBiz. She covers emerging technologies, technology innovation, contract awards, partnerships and market expansion stories in the government contracting industry.

Axellio CEO Scott Aken Discusses Future of 5G in Defense Technology on Podcast - top government contractors - best government contracting event
Axellio CEO Scott Aken Discusses Future of 5G in Defense Technology on Podcast
Axiom Space Gets Mission Order From NASA for 2nd Private Astronaut ISS Mission - top government contractors - best government contracting event
Axiom Space Gets Mission Order From NASA for 2nd Private Astronaut ISS Mission