As of June 30, new U.S. Small Business Administration regulations took effect requiring companies with federal contracts to recertify their size status as “small businesses.” Prior to the guideline revisions, federal agencies were able to count all contracts originally awarded to small businesses as small business contracts for up to 20 years, even when large corporations acquired those companies. But now small businesses that merge or are acquired must “recertify” their size at once. If the companies are no longer small, the federal government can no longer count them as a “small” contract. Because of the new regulations, federal agencies will have to boost efforts to identify and contract with new small businesses to meet their small business contracting goals of 23 percent, as set by Congress. Small businesses will also likely benefit from the Small Business Administration’s launch of its Quick Market Search tool, which will allow contracting officers to identify vendor pools under each of the socioeconomic preference programs, including women-owned small business, small disadvantaged business, historically underutilized businesses and service-disabled, veteran-owned small business. This summer the SBA will also be working with federal agencies that have not met contracting goals with regards to providing increased opportunities under the socioeconomic procurement preference programs.