News for Small Business

WSDOT has concluded the drafting of rules establishing mandatory subcontracting goals for small businesses and veterans.

On Jan. 1, 2019, employers need to begin collecting paid family and medical leave premiums; budget for the employer share of the premium; and begin tracking hours and wages of all employees, including seasonal, temporary and part-time workers.

WSDOT is proposing a 19 percent overall DBE participation goal on Federal Highway Administration-funded projects for federal fiscal years 2018 through 2020. WSDOT will submit the proposal to FHWA early next year following a public comment period.

Based on the results of its recently completed disparity study, WSDOT has asked the Federal Highway Administration to rescind the waiver WSDOT received in 2016 to exclude white woman-owned firms from the race and gender-conscious component of the DBE program.

Governor Jay Inslee is implementing mandatory subcontracting goals on WSDOT projects. Specifically, as of January 31, WSDOT will implement a combination of mandatory (18.7%) and aspirational (26%) contract goals for WSDOT construction and design contracts.

From AGC of AmericaOn June 12 the U.S. Small Business Administration issued an interim final rule that increases a number of construction industry small-business size standards to account for inflation since 2008. The size standard for Commercial and Institutional Building Construction (NAICS cod...