SBA strips USAID of 8(a) contracting authority following $550M bribery scandal
SBA has rescinded the U.S. Agency for International Development’s authority to independently award sole-source 8(a) contracts after a decade-long bribery scheme steered over $550 million in contracts to two firms, reported the Washington Business Journal.
The SBA decision follows a joint DOJ-USAID Inspector General investigation that resulted