Source: https://www.law.cornell.edu/cfr/text/13/124.1004
Timestamp: 2018-03-25 01:58:32
Document Index: 271218130

Matched Legal Cases: ['art 124', '§ 124', '§ 124', '§ 636', '§ 637', '§ 644', '§ 9815', '§ 19815']

13 CFR 124.1004 - What is a misrepresentation of SDB status? | US Law | LII / Legal Information Institute
CFR › Title 13 › Chapter I › Part 124 › Subpart B › Section 124.1004
13 CFR 124.1004 - What is a misrepresentation of SDB status?
§ 124.1004 What is a misrepresentation of SDB status?
(a) Any person or entity that misrepresents a firm's status as a “small business concern owned and controlled by socially and economically disadvantaged individuals” (“SDB status”) in order to obtain an 8(d) or SDB contracting opportunity or preference will be subject to the penalties imposed by section 16(d) of the Small Business Act, 15 U.S.C. 645(d), as well as any other penalty authorized by law.
(1) A representation of SDB status on a federal prime contract will be deemed a misrepresentation of SDB status if the firm does not meet the requirements of § 124.1001(b).
(2) A representation of SDB status on a subcontract to a federal prime contract will be deemed a misrepresentation of SDB status if the firm does not have a good faith belief that it is owned and controlled by one or more socially and economically disadvantaged individuals. Any certification by a firm that SBA found not to qualify as an SDB in connection with an SDB protest or otherwise will be deemed a misrepresentation of SDB status if the firm has not overcome the reason(s) for the negative determination.
(3) Any representation of SDB status by a firm that SBA has found not to qualify as an SDB in connection with a protest or SBA-initiated SDB determination will be deemed a misrepresentation of SDB status if the firm has not overcome the reason(s) set forth in SBA's written decision.
[ 73 FR 57494, Oct. 3, 2008]
§ 636 - Additional powers
§ 637 - Additional powers
§ 644 - Awards or contracts
§ 9815 - Small Business Administration and Department of Commerce economic development programs; regulations
§ 19815
48 CFR 19.301-1 — Representation by the Offeror.