Now you can get the essential nuts-and-bolts infor­ma­tion you need to navigate the complex Federal Acquisition Regulation (FAR), and other rules required for keeping the contract alive and avoiding penalties. Written by an experienced procurement lawyer, The Small-Business Guide to Government Contracts puts valuable legal information at your fingertips--but stripped of unnecessary legalese. Instead, you'll find clear, concise answers to your most pressing questions about small-business set-asides, including: - How do you know if your small business is really small? - What are the differences between revenue-based and employee-based size standards? - Who is eligible for the HUBZone, 8(a), SDVOSB, or WOSB programs? - What minimum salaries and benefits must you offer if you receive a federal contract? - What ethical requirements need to be followed, and what no nos can land you in trouble? - When does affiliation become a liability, and how do you resolve this potential deal-breaker? - Why might the government view your subcontractor as an ostensible subcontractor? - What happens if you want to sell your business while performing a government contract? No one can afford to be lax with the rules or too harried to heed them. Whether you currently have a government contract, or are one of the hundreds of thousands of companies vying for these contracts or contemplating a bid, this is the one book that looks beyond writing a winning proposal to concentrate on your critical compliance obligations. It's packed with real-life stories from the field, questionnaires and calculations to help you evaluate your small-business status, tips on drafting agreements and proposals, at-a-glance checklists for pinpointing information--and more essential compliance information you need to keep the pipeline flowing.